Ollie's Bargain Outlet stock gains on Q2 beat and outlook

Published on 09/03/2026 at 13:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ollie's Bargain Outlet stock gained after second-quarter fiscal 2026 earnings of $1.42 a share beat estimates, even as revenue came in at $741.3 million and guidance tightened for fiscal 2026.

OLO, US6811141042, Illustration mit AI erstellt.

Ollie's Bargain Outlet Holdings Inc. stock (ISIN US6811141042) gained after second-quarter fiscal 2026 adjusted earnings reached $1.42 a share, above the $1.14 consensus, while revenue totaled $741.3 million. The stock traded at $77.08 in premarket action on September 2, 2026, after closing at $72.34, according to the Investing.com report.

Quarterly numbers move first

Adjusted earnings rose 43 percent year on year from $0.99 a share, and adjusted EBITDA climbed 36 percent to $127 million, according to the same report. Revenue increased 9.1 percent from $679.6 million a year earlier, but it still missed the $756.4 million estimate by $15.1 million.

That mix matters for investors more than the headline beat alone. The market is weighing stronger profit momentum against softer sales momentum in fiscal 2026.

Guidance turns narrower

The company lifted fiscal 2026 adjusted EPS guidance to $4.57 to $4.65 from $4.45 to $4.55, while revenue guidance moved to $2.928 billion to $2.941 billion from $2.980 billion to $3.000 billion, according to the guidance update. The midpoint of EPS guidance is $4.61, above the $4.46 consensus, while the midpoint of revenue guidance is $2.9345 billion, below the $2.96 billion estimate.

For the stock, that split is the key read-through: profit expectations improved, but the sales range moved lower.

Go deeper

Fiscal 2026 guidance after the quarter

The latest update puts the full-year EPS range and revenue range side by side, making the guidance shift easier to judge.

Ollie's bargain model

The retailer said fiscal second-quarter profit was $85.45 million, up from $61.31 million a year earlier, while revenue of $741.31 million rose from $679.56 million. The company also said adjusted EPS in the quarter was $1.42, compared with $0.99 last year.

Price stays below the peak

The stock traded at $77.08 in premarket on September 2, 2026, after a previous close of $72.34. In the same market snapshot, the shares were well above the 52-week low of $60.29 but still far below the 52-week high of $139.21.