Ollie’s Q4 Revenue Forecast Rises 17.4% Year-on-Year After 18.6% Q3 Growth
Ollie’s Bargain Outlet posted $613.6 million in Q3 revenue, up 18.6% year-on-year, narrowly beating EBITDA estimates while matching revenue forecasts. Investors expect Q4 revenue to climb 17.4% year-on-year, with analysts maintaining a $141.40 average price target against a $106.64 share price.
1. Earnings Preview
Ollie’s will report Q4 results Thursday before market open, with consensus forecasting 17.4% year-on-year revenue growth, a marked acceleration from the 2.8% increase recorded in the same quarter last year.
2. Q3 Financial Recap
In the previous quarter, Ollie’s delivered $613.6 million in revenue, up 18.6% year-on-year, narrowly beating analysts’ EBITDA estimates while meeting top-line expectations.
3. Analyst Outlook and Price Targets
Analysts have largely maintained their estimates over the past month, setting an average price target of $141.40 against the current share price of $106.64, reflecting confidence in steady sales momentum.
4. Peer Performance and Market Risks
Discount retailers have underperformed recently, with the group down 9.3% on average in the last month while Ollie’s slipped 5.2%, as debates over tariffs and corporate tax cuts fuel sector uncertainty.