Ollies Sales Jump 18 Percent in Q2
Ollie's Bargain Outlet (NASDAQ:OLLI), a leading U.S. discount retailer known for its "Good Stuff Cheap" value proposition, reported results for the fiscal second quarter 2025 (ended Aug. 2, 2025) on Aug. 28, 2025. The company delivered robust growth across sales, margins, and store count, surpassing Wall Street expectations. Net sales reached $679.6 million, up 17.5% year over year, and adjusted EPS came in at $0.99, a 26.9% increase from the prior year. These figures topped both management’s internal targets and analyst estimates, leading the company to raise full-year guidance for most key metrics in fiscal 2025. New store openings accelerated during the quarter, although higher pre-opening and general operating costs remain a focus for future performance. Overall, the period reflected continued top-line strength, improving profitability, and further expansion of the company's retail footprint.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in the first quarter 2025 earnings report.
Ollie's Bargain Outlet specializes in selling brand-name closeout merchandise at discounted prices. Its offerings span consumer staples, housewares, seasonal items, toys, and more, appealing to value-focused and budget-conscious shoppers. The company's strategy revolves around securing advantageous deals on branded products and passing savings directly to customers.
Source Fool.com
