Ollie’s Bargain Outlet Holdings, Inc. Announces Fourth Quarter Fiscal Year 2025 Results

Core Insights - Ollie's Bargain Outlet Holdings, Inc. reported strong financial results for the fourth quarter and fiscal year ended January 31, 2026, exceeding expectations in both sales and earnings [3][4][5]. Financial Performance - Net sales increased by 17% year-over-year to $2.649 billion, with a fourth-quarter sales increase of 16.8% to $779.3 million [2][5][18]. - Earnings per share (EPS) rose by 25% to $3.89 for the fiscal year, with adjusted EPS increasing by 17% to $3.86 [2][5][18]. - Comparable store sales grew by 3.6% in the fourth quarter and 3.7% for the fiscal year, driven by increased basket size and transaction volume [5][24]. Operational Highlights - The company opened a record 86 new stores during the fiscal year, bringing the total to 645 stores across 34 states, representing a 15.4% year-over-year growth in store count [5][24]. - Ollie's Army loyalty program membership grew by over 12% to 17 million members [4][5]. Margin and Expense Management - Gross margin for the fourth quarter was 39.9%, slightly down by 80 basis points year-over-year due to planned price investments [5][18]. - Selling, general, and administrative (SG&A) expenses as a percentage of net sales decreased by 130 basis points to 24.2%, aided by fixed cost leverage and marketing optimization [5][6][18]. Future Outlook - The company provided an initial outlook for fiscal year 2026, projecting net sales between $2.985 billion and $3.013 billion, with comparable store sales growth of approximately 2% [7][8]. - Planned new store openings for fiscal year 2026 are set at 75, with a gross margin target of around 40.5% [8].