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
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