Ollie's Bargain Outlet (OLLI) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates

Core Viewpoint - Ollie's Bargain Outlet (OLLI) is expected to report a quarterly earnings per share (EPS) of $1.20, reflecting a 2.4$672.11 million [1] Earnings Estimates - The consensus EPS estimate has been adjusted downward by 0.4% over the past 30 days, indicating a reassessment by analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions and have shown a strong correlation with short-term stock performance [3] Key Metrics - Comparable store sales change is estimated at 2.6%, down from 3.9% a year ago [5] - The number of stores at the end of the period is projected to be 559, compared to 512 last year [5] - Analysts forecast 13 new stores, an increase from 7 in the previous year [5] - The number of stores open at the beginning of the period is expected to reach 546, up from 505 a year ago [6] Market Performance - Ollie's Bargain Outlet shares have decreased by 5.1% in the past month, while the Zacks S&P 500 composite has declined by 9.6% [7] - With a Zacks Rank of 4 (Sell), OLLI is anticipated to underperform the overall market in the near term [7]