Ollie's Bargain Outlet (OLLI) Surpasses Q1 Earnings and Revenue Estimates

Group 1: Earnings Performance - Ollie's Bargain Outlet reported quarterly earnings of $0.75 per share, exceeding the Zacks Consensus Estimate of$ 0.70 per share, and showing an increase from $0.73 per share a year ago, representing an earnings surprise of 7.14% [1] - The company posted revenues of$ 576.77 million for the quarter ended April 2025, surpassing the Zacks Consensus Estimate by 2.14%, and up from $508.82 million in the same quarter last year [2] Group 2: Stock Performance and Outlook - Ollie's Bargain Outlet shares have increased approximately 2% since the beginning of the year, outperforming the S&P 500's gain of 0.9% [3] - The current consensus EPS estimate for the upcoming quarter is$ 0.89 on revenues of $654.15 million, and for the current fiscal year, it is$ 3.72 on revenues of $2.57 billion [7] Group 3: Industry Context - The Consumer Products - Staples industry, to which Ollie's Bargain Outlet belongs, is currently ranked in the bottom 42% of over 250 Zacks industries, indicating potential challenges in performance compared to higher-ranked industries [8]