Ollie’s Bargain Outlet (NASDAQ:OLLI) released its earnings results on Thursday. The company reported $0.74 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.76 by ($0.02), MarketWatch Earnings reports. Ollie’s Bargain Outlet had a net margin of 10.02% and a return on equity of 12.86%. The company had revenue of $422.43 million for the quarter, compared to the consensus estimate of $439.08 million. During the same period in the prior year, the company earned $0.71 earnings per share. The firm’s revenue was up 7.2% on a year-over-year basis.
Shares of OLLI stock opened at $38.78 on Friday. The stock has a market capitalization of $2.42 billion, a P/E ratio of 18.04, a PEG ratio of 0.81 and a beta of 0.87. The company has a current ratio of 2.14, a quick ratio of 0.09 and a debt-to-equity ratio of 0.28. The firm’s 50 day moving average is $50.28 and its 200 day moving average is $58.94. Ollie’s Bargain Outlet has a 12 month low of $28.83 and a 12 month high of $103.03.
In related news, SVP Omar Segura sold 16,190 shares of the company’s stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $45.00, for a total transaction of $728,550.00. Following the sale, the senior vice president now directly owns 16,796 shares in the company, valued at approximately $755,820. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 16.36% of the company’s stock.
Ollie’s Bargain Outlet Company Profile
Ollie's Bargain Outlet Holdings, Inc operates as a retailer of brand name merchandise. The company offers food products, housewares, books and stationery, bed and bath products, health and beauty products, floor coverings, electronics, and toys; and other products, including hardware, personal health care, candy, clothing, sporting, pet and lawn, and garden products.
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