Company Earnings Update 3 minutesRegister for Free AccessOllie’s Bargain Outlets (NASDAQ: OLLI) 1Q19 Results: Revenues Beat Consensus but Comps Miss, Guidance Remains In Line Coresight Research June 10, 2019 Executive Summary Ollie’s reported 1Q19 revenues of $324.9 million, up 17.8% and beating the $319.2 million consensus estimate. Adjusted EPS was $0.46, up 12.5% and beating the consensus estimate by 2 cents. Comparable sales increased 0.8%, slowing from 1.9% in the year-ago quarter and missing the 1.2% consensus estimate. Ollie’s guided for 2019 revenues of $1.44-1.45 billion, up 16-17% and in line with the $1.45 billion consensus, comps to increase 1-2%, and adjusted EPS of $2.13-2.17, up 16-19% and in line with the $2.15 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: Singles’ Day 2023 Performance: Positive Reports from Major E-Commerce PlatformsAnalyst Corner—Is GenAI Changing the World? Part Two: Solving Four Major Hurdles Takes Progressive Improvement, with Charlie PoonInflation and Interrupted Income—Could Consumers Still Pay the Bills?: US Consumer Survey InsightsHoliday 2023: UK Retail Outlook—An Inflection Point?
