Ollie's Bargain Outlet Holdings, Inc. Q4 Profit Drops, Inline With Estimates

(RTTNews) - Ollie's Bargain Outlet Holdings, Inc. (OLLI) revealed a profit for fourth quarter that decreased from the same period last year in line with the Street estimates.

The company's bottom line came in at $68.55 million, or $1.11 per share. This compares with $76.48 million, or $1.23 per share, last year.

Excluding items, Ollie's Bargain Outlet Holdings, Inc. reported adjusted earnings of $73.39 million or $1.19 per share for the period.

Analysts on average had expected the company to earn $1.19 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 2.8% to $667.08 million from $648.95 million last year.

Ollie's Bargain Outlet Holdings, Inc. earnings at a glance (GAAP) :

-Earnings: $68.55 Mln. vs. $76.48 Mln. last year. -EPS: $1.11 vs. $1.23 last year. -Revenue: $667.08 Mln vs. $648.95 Mln last year.

FY25 Revenue Guidance: $2.564 Bln - $2.586 Bln.

FY25 EPS Guidance: $3.65 - $3.75