The Zacks Consensus Estimate for Sprouts Farmers' current financial-year sales and earnings implies growth of around 8% and 9.9%, respectively, from the year-ago reported numbers. Vital Farms offers a range of produced pasture-raised foods. It currently sports a Zacks Rank #1 (Strong Buy). VITL has a trailing four-quarter average earnings surprise of 102.1%. You can see the complete list of today's Zacks #1 Rank stocks here. Sprouts Farmers, the renowned grocery retailer, currently sports a Zacks Rank #2. S ...

If you have followed my research for any amount of time, you know I am very favorable toward stocks with strong momentum. It is an extremely well-researched market anomaly that can provide superior returns in a strong stock market like the one we are in today. Combine that with the Zacks Rank and you really have something special. One stock that recently jumped onto my radar due to powerful one-month momentum measures is Ollie's Bargain Outlet ((OLLI). The stock has numerous growth catalysts, a fantastic bu ...

Ollie's Bargain Outlet Holdings, Inc. (OLLI) has demonstrated remarkable resilience and growth potential in a challenging market environment. Based in Harrisburg, PA, Ollie's has defied industry trends by achieving a significant stock rally of 35.3% over the past six months, while the broader industry experienced a 1.6% decline. This performance highlights Ollie's ability to navigate through economic uncertainties and emerge stronger, showcasing its strategic and operational efficiency. Ollie's success lies ...

Investment action Review With this view, I expect OLLI to continue benefiting from a trade-down effect. Management had specifically called out that lower-income customers remained relatively stable, and trends from their lower-income customers were consistent vs. last quarter. In my view, this paints a very encouraging picture of underlying demand. OLLI's 1Q24 performance was very supportive of my view, as SSS growth of 3% was primarily driven by an increase in basket size (which contributed 2% of the 3%), ...

The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>>. Most Powerful Force Impacting Stock Prices The upgrade of Ollie's Bargain Outlet to a Zacks Ra ...

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Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? Developed al ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 4, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Ollie's Bargain Outlet Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation) 001-37501 80-0848819 (Commission File Number) (IRS Emplo ...

A surge in profitability is rewarding patient shareholders. Shares of Ollie's Bargain Outlet (OLLI 10.51%) are hitting their highest prices in almost three years on Wednesday after the company reported financial results for its fiscal first quarter of 2024. As of 11:50 a.m. ET, Ollie's stock was up about 10%. A rebound year ahead for Ollie's Ollie's offers closeout merchandise to its customers at low prices, which can be quite appealing when consumers are stretched thin. And it seems that consumers are look ...

Ollie's Bargain Outlet Holdings, Inc. (OLLI) reported first-quarter fiscal 2024 results, wherein both the top and bottom lines not only beat the Zacks Consensus Estimate but also increased year over year. This Harrisburg, PA-based company also witnessed an uptick in comparable store sales. The company's focus on value-driven merchandise assortments positioned it well to capitalize on opportunities in the marketplace and effectively meet consumer demand. The better-than-expected performance prompted manageme ...