Ollie’s Bargain Outlet (NASDAQ:OLMA) reported fourth-quarter results that largely matched profit expectations while revenue came in slightly below forecasts, and the retailer issued a full-year outlook that exceeded market estimates.
Adjusted earnings per share totaled $1.39 for the quarter, compared with analyst expectations of $1.41. Revenue increased 17% year-over-year to $779.25 million, falling short of the consensus estimate of $783.71 million.
Comparable store sales rose 3.6% during the quarter, up from 2.8% in the same period last year. The company said the increase was driven by larger basket sizes and higher transaction volumes. Seasonal merchandise, consumables, hardware, stationery and sporting goods were among the top-performing categories.
“We had a strong fourth quarter to cap off an exceptional year,” said Eric van der Valk, President and CEO. “In the fourth quarter, we delivered better than expected sales and earnings, driven by solid comp growth, healthy margins, and disciplined expense control. For the full year, we opened a record 86 stores and grew our Ollie’s Army loyalty program by more than 12% to 17 million members.”
Adjusted EBITDA for the quarter reached $127.13 million, while gross margin was reported at 39.9%.
Looking ahead, the company released its initial guidance for fiscal 2026, which ends January 30, 2027.
Ollie’s expects adjusted earnings per share between $4.40 and $4.50 for the year, above analyst consensus of $3.91. Net sales are projected to range from $2.99 billion to $3.01 billion, also exceeding the $2.65 billion forecast by analysts.
The retailer also anticipates comparable store sales growth of about 2% and a gross margin of approximately 40.5% for the year.