Ollie's Reports Q4 Net Sales Up 16.8%, EPS Up 25% and Guides $3B Sales for FY2026
Ollie's posted fourth-quarter net sales of $779.3 million, up 16.8%, with EPS rising 25% to $1.39 and comparable store sales up 3.6%. The company opened a record 86 stores, grew its loyalty program 12% to 17 million members, and guided FY2026 sales to $2.985-$3.013 billion.
1. Fourth Quarter Results
Ollie's net sales in the thirteen weeks ended January 31 reached $779.3 million, a 16.8% year-over-year increase, while net income rose to $85.6 million, driving diluted EPS to $1.39, up 25% over the prior year. Comparable store sales increased 3.6%, and gross margin held at 39.9%, supported by disciplined expense control.
2. Store Expansion and Loyalty Growth
The company opened a record 86 new stores during fiscal 2025, bringing its total footprint to 645 stores across 34 states, a 15.4% increase year-over-year. The Ollie’s Army loyalty program expanded by 12.1% to 17.0 million members, fueling traffic growth and customer engagement.
3. Full Year 2025 Performance
For the fiscal year ended January 31, net sales rose 16.6% to $2.6492 billion, net income increased 20.5% to $240.6 million, while adjusted EPS grew 17.7% to $3.86. Adjusted EBITDA reached $365.9 million (13.8% of sales), and cash and investments climbed 31.3% to $562.8 million, enabling $73.8 million in share repurchases.
4. Fiscal 2026 Outlook
The company projects 75 new store openings and net sales of $2.985 to $3.013 billion for fiscal 2026, with comparable store sales growth of about 2% and gross margin near 40.5%. Management expects operating income of $339 to $348 million, adjusted EPS of $4.40 to $4.50, capital expenditures of $103 to $113 million, and $100 million in share repurchases.