Ollie's Bargain Outlet (OLLI) Q4 Earnings and Revenues Miss Estimates

Financial Performance - Ollie's Bargain Outlet reported quarterly earnings of $1.19 per share, missing the Zacks Consensus Estimate of $1.20 per share, and down from $1.23 per share a year ago, representing an earnings surprise of -0.83% [1] - The company posted revenues of $667.08 million for the quarter, missing the Zacks Consensus Estimate by 0.75%, compared to $648.95 million in the same quarter last year [2] - Over the last four quarters, Ollie's has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] Stock Performance - Ollie's Bargain Outlet shares have declined approximately 9.7% since the beginning of the year, while the S&P 500 has decreased by 4.5% [3] - The current Zacks Rank for the stock is 3 (Hold), indicating that shares are expected to perform in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.76 on revenues of $572.98 million, and for the current fiscal year, it is $3.76 on revenues of $2.57 billion [7] - The outlook for the Consumer Products - Staples industry, where Ollie's operates, is currently in the bottom 40% of over 250 Zacks industries, which may impact stock performance [8]