Ollie's Bargain Outlet: Fiscal Q3 Earnings Snapshot
HARRISBURG, Pa. (AP) — HARRISBURG, Pa. (AP) — Ollie's Bargain Outlet Holdings Inc. (OLLI) on Wednesday reported fiscal third-quarter profit of $31.8 million.
HARRISBURG, Pa. (AP) — HARRISBURG, Pa. (AP) — Ollie's Bargain Outlet Holdings Inc. (OLLI) on Wednesday reported fiscal third-quarter profit of $31.8 million.
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The Harrisburg, Pennsylvania-based company said it had net income of 51 cents per share.
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The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 45 cents per share.
The retailer posted revenue of $480.1 million in the period, also beating Street forecasts. Seven analysts surveyed by Zacks expected $470.9 million.
Ollie's Bargain Outlet expects full-year earnings in the range of $2.77 to $2.83 per share, with revenue expected to be $2.1 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OLLI at https://www.zacks.com/ap/OLLI