| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 66 | 16.4x | 17.8x | Top tier | |
Growth | 85 | 14.4% | 7.1% | Top tier | |
Quality | 64 | 10.0% | 4.5% | Around median | |
Safety | 84 | 1.3x | 2.6x | Top tier | |
Capital Return | 53 | — | 2.12% | Around median | |
Momentum | 6 | -38.5% | 2.9% | Bottom tier | |
Sentiment | 82 | 10 | 3 | Top tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Ollie's Bargain Outlet operates a chain of discount retail stores that buys closeout merchandise from well-known brands and sells it through a rotating assortment combining consumables and discretionary products. Its model is built on a “treasure hunt” experience and everyday low prices, while growth comes from opening new stores, attracting new customers, and increasing spending at existing stores. In the second quarter of fiscal 2026, toys, general merchandise, summer furniture, candy, and seasonal décor led performance, while consumables remained strong with mid-single-digit growth and home improvement and weather-sensitive categories were weak.
In the second quarter of fiscal 2026, net sales rose 9.1% to $741 million, driven by store openings, but comparable-store sales declined 1.8% due to flat transaction counts and a lower basket value. According to EDGAR data, gross profit was $322.2 million, net income was $85.5 million, and earnings per share were $1.42, equivalent to a gross margin of approximately 43.5% and a net income margin of approximately 11.5%. Adjusted net income increased 40% and adjusted earnings per share increased 43%, while adjusted EBITDA reached $127 million with a 17.1% margin.
Revenue for the twelve-month period ending in fiscal 2026 was approximately $2.8 billion, gross profit was $1.2 billion, and net income was $273.6 million, compared with revenue of $2.6 billion and net income of $240.6 million in fiscal 2025. However, earnings quality in the second quarter of fiscal 2026 benefited significantly from IEEPA tariff refunds; they added 380 basis points to gross margin, before a pricing investment of approximately 70 basis points. Excluding these two effects, management estimated the underlying gross margin at approximately 40.3% to 40.4%. The new-store lever became more important as comparable sales contracted, with the company opening 15 stores during the quarter and 42 stores during the first half of fiscal 2026.
Automated analysis for informational purposes only — not investment advice.
The analyst consensus is “Buy,” with an average target of $100.8 and a wide range between $85 and $124; the average target is below the 52-week range high of $139.21, while the low end of the target range falls within the $60.29 to $139.21 range. A September 2, 2026 summary showed a price-to-earnings multiple of 16.5 times, but this multiple should be viewed in light of the fact that second-quarter fiscal 2026 earnings included approximately $0.35 per share from IEEPA tariff refunds and that management lowered its second-half sales assumptions despite raising its earnings outlook.
Figures in the text are as of 2026-09-04; the live price is shown at the top of the page.
Second-quarter fiscal 2026 sales rose 9.1% to $741 million due to new stores, despite a 1.8% decline in comparable sales. IEEPA tariff refunds added approximately $0.35 to earnings per share and 380 basis points to gross margin. As a result, adjusted net income reached $85 million, up 40%, and adjusted earnings per share reached $1.42, up 43%. Excluding the refunds and the related pricing investment, management estimated gross margin at approximately 40.3% to 40.4% instead of the reported 43.5%.
The company expects fiscal 2026 net sales between $2.928 billion and $2.941 billion, with comparable-sales growth between zero and 0.5%. It also expects a gross margin of approximately 41.3%, operating income between $345 million and $350 million, and adjusted net income between $275 million and $279 million. The adjusted earnings-per-share range is between $4.57 and $4.65, with 75 new openings and the closure of two stores due to storm damage. The plan assumes comparable sales near zero in the third quarter and growth of approximately 1% in the fourth quarter.
Ollie's opened fifteen stores in the second quarter and 42 stores during the first half of fiscal 2026, exceeding half of its annual target of 75 stores. These openings were the main driver of 9.1% revenue growth amid a 1.8% contraction in comparable sales. Management said on the September 2, 2026 call that most of the fiscal 2027 site pipeline was ready and that real estate availability remained good. The company is supporting this expansion through the Texas center following the completion of its expansion and the planned Illinois facility expansion project, which is expected to be completed around September 2027.
Management said that unfavorable weather, a more selective consumer, and elevated promotional activity combined to pressure the second quarter of fiscal 2026. The lawn and garden and room air conditioner categories alone accounted for more than 100 basis points of pressure on comparable sales, with an additional impact from fewer visits and associated purchases. Customers with incomes of $65,000 or less also reduced their shopping frequency, and fuel pressure was more pronounced in the Midwest and Texas because of longer driving distances. The outlook assumes continued fuel-cost pressure of approximately 20 to 30 basis points during the remainder of fiscal 2026.
Ollie's Army membership grew 13% to exceed 18 million members by the end of the second quarter of fiscal 2026. The company used Ollie's Army Night, Ollie Days, and the 5 for the Drive offer, which provides a $5 discount upon reaching a certain basket threshold, to motivate customers who live farther from stores. It also expanded protein, energy products, beverages, seasonal décor, living-room furniture, and decorative pillows. It plans to invest approximately $15 million in pricing during fiscal 2026, with about $10 million concentrated in the second half.
