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Ollie’s Bargain Outlet (NASDAQ: OLLI) 4Q18 Results: Beats by a Penny but Misses on Revenues and Comps, Light 2019 Guidance

Executive Summary

  • Ollie’s reported 4Q18 revenues of $393.9 million, up 10.4% but missing the $398.2 million consensus estimate. Adjusted EPS was $0.71, up 40.4% and beating the consensus estimate by a penny.
  • Comps increased 5.4%, up from 4.4% in the year-ago quarter but missing the 6.0% consensus estimate.
  • Ollie’s guided for 2019 revenues of $1.43-1.44 billion, up 16-17% but slightly below the $1.45 billion consensus, comps to increased 1-2%, and adjusted EPS of $2.10-2.15, up 15-18% and below the $2.15 consensus estimate.

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