Ollie's Bargain Outlet Analysts Slash Their Forecasts After Q4 Results

Ollie's Bargain Outlet reported fourth-quarter adjusted earnings per share of $1.39, meeting analyst expectations, while quarterly sales of $779.256 million (+16.8% year over year) fell short of the consensus estimate of $783.271 million. For fiscal 2026, the company anticipates adjusted earnings of $4.40 to $4.50 per share and sales between $2.985 billion and $3.013 billion. Following the earnings announcement, analysts adjusted their price targets, with Wells Fargo upgrading to $130 and RBC Capital raising to $155, while Morgan Stanley and Piper Sandler lowered their targets to $120 and $128, respectively. Ollie's shares rose 4.2% to close at $109.25.