Company Earnings Update 3 minutesRegister for Free AccessOllie’s Bargain Outlet (NASDAQ: OLLI) 2Q19 Results: Revenues and Comps Fall Short of Consensus; Guidance Lowered Coresight Research August 30, 2019 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. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: US Store Tracker Extra, October 2023: Retailers To Open 86 Million Square Feet of Retail Space This YearWeinswig’s Weekly: The Festivalization of Retail: Shop Sooner, Celebrate BiggerDay Three at NRF 2024: Retail’s Big Show—Lessons from Macy’s, Shein, Temu and MoreEarnings Insights 1Q23, Week 1: Albertsons, Crocs, Procter & Gamble, Skechers and More Post Positive Results; Amazon’s Online Sales Improve