Ollie's Bargain Outlet rises after Q2 profit beat

Ollie's Bargain Outlet Holdings

02/09/2026 14:15

** Shares of discount store Ollie's Bargain Outlet OLLI.O rise 3.7% to $75 premarket
** Co posts Q2 adj. EPS of $1.42, beating analysts' estimates of $1.14 — data compiled by LSEG
** Co raises FY26 gross margin forecast to 41.3%, from 40.7%, helped in part by tariff-related refunds of $28.3 mln in Q2
** Co's Q2 net sales rise 9.1% to $741.3 million YoY, but below estimates of $754.6 million
** 13 of 16 brokerages rate the stock "buy" or higher and three "hold"; median PT is $112
** As of last close, stock down 34% YTD

 (Reporting by Anand Gopal in Bengaluru)
 ((AnandGopal.R@thomsonreuters.com))