Ollie's Bargain Outlet Lifts Outlook
Ollie's Bargain Outlet(NASDAQ:OLLI) reported results on August 28, 2025, delivering net sales of $680 million (up 18% year-over-year), comparable store sales growth of 5%, and adjusted EPS of $0.99 (up 26.9% year-over-year). Management raised its full-year outlook for fiscal 2025, including plans to open 85 new stores and updated net sales guidance to between $2.631 billion and $2.644 billion. This summary delivers key insights into Ollie's aggressive expansion, loyalty-driven growth strategy, and operational execution shaping long-term shareholder value.
Ollie's added 54 new stores in the first half, exceeding its prior full-year record, driven by retail bankruptcies providing prime locations and strong planning execution. The company now operates 613 stores, representing 17% year-over-year unit growth at the end of the second quarter, with new store performance ahead of plan and a raised target of 85 openings, extending Ollie's footprint into 34 states.
Rapid acceleration in unit growth, capitalizing on distressed retail real estate, enhances Ollie's long-term top-line potential and geographic reach, positioning it as a leading consolidator in the off-price sector.
Source Fool.com
