Executive Summary
- Ollie’s reported 2Q19 revenues of $333.9 million, up 15.9% but missing the $339.8 million consensus estimate. Adjusted EPS was $0.35, down 10.5% and missing the consensus estimate by 11 cents.
- Comps decreased 1.7%, versus a 4.4% increase in the year-ago quarter and short of the 1.9% consensus estimate.
- Ollie’s guided for 2019 revenues of $1.42-1.43 billion, up 14-15% and in line with the $1.43 billion consensus, comps to decrease 0.5-1.5% and adjusted EPS of $1.95-2.00, up 7-9% and below the $2.05 consensus estimate.
This document was generated for
Other research you may be interested in:
Earnings Insights 4Q24, Week 2: Columbia Sportswear, Mondelēz and Tapestry See Sales Growth; Clorox, Estée Lauder and PepsiCo Report Declines
Retail 2025: 10 Trends in Retail Technology
Analyst Corner: Constrained Consumers Could Soon “Get to the Goods” Again—Evolving In-Store Loss Prevention, with John Harmon
Earnings Insights 4Q24, Week 1: Levi Strauss, P&G, Walgreens and Others Post Sales Growth, While Burberry and Kimberly-Clark Report Declines
