Ollie’s FY26 Q2 net income rises 39.4% to 85.5 million; net sales increase 9.1% to 741.3 million - OLLI News | RalliesOllie’s FY26 Q2 net income rises 39.4% to 85.5 million; net sales increase 9.1% to 741.3 million
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OLLI• Quarterly results
- Ollie’s posts Q2 fiscal 2026 net income of USD 85.45 million, up 39.4% from the prior-year quarter.
- Net sales rise 9.1% to USD 741.31 million, helped by new stores despite a 1.8% comparable-sales decline.
- Operating income climbs 40.92% to USD 108.48 million; gross margin widens 3.6 percentage points to 43.5%.
- Margin expansion tied to lower supply-chain costs, including USD 29.4 million of IEEPA tariff refunds received during the quarter.
- Store rollout slowed, with 15 openings; capital spending increases to USD 43.3 million, while pre-opening costs drop 42% to USD 5.2 million.
