RBC Capital Reaffirms Outperform Rating for Ollie's Bargain Outlet and Increases Price Target to $144
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 18 2025
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Source: Benzinga
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Analyst Views on OLLI
Wall Street analysts forecast OLLI stock price to rise
13 Analyst Rating
10 Buy
3 Hold
0 Sell
Strong Buy
Current: 83.650
Low
120.00
Averages
144.46
High
162.00
Current: 83.650
Low
120.00
Averages
144.46
High
162.00
About OLLI
Ollie's Bargain Outlet Holdings, Inc. operates as a retailer of closeout merchandise and excess inventory. The Company and its subsidiaries principally buys overproduced, overstocked, and closeout merchandise from manufacturers, wholesalers, distributors, brokers, and other retailers. In addition, it augments its name-brand closeout deals with private label products. It offers customers a selection of brand name products, including housewares, bed and bath, food, floor coverings, health and beauty aids, books and stationery, toys, and electronics. The Company operates over 645 stores in 34 states. The Company's retail locations are located in Alabama, Arkansas, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, Missouri, New Jersey, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Vermont, Virginia, West Virginia, and Wisconsin.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
US Stock Market Turmoil and Corporate Outlook
- Strong Job Data: The May jobs report revealed an increase of 172,000 jobs, slightly down from the revised 179,000 but significantly above the expected 80,000, indicating robust economic recovery that may influence the Federal Reserve's monetary policy direction.
- Lululemon's Dim Outlook: The athletic apparel retailer cut its full-year guidance and provided a weak outlook for the current quarter, leading BTIG to downgrade its rating from buy to hold, resulting in an over 11% drop in premarket trading, reflecting market concerns about its future performance.
- CrowdStrike's Mixed Results: Despite reporting stronger-than-expected results and raising its full-year outlook, CrowdStrike's shares fell 4% as investors questioned why heightened attention to its AI model did not immediately translate into financial results, indicating cautious market sentiment regarding its growth potential.
- Chipotle's Valuation Opportunity: JPMorgan upgraded Chipotle from hold to buy, citing a “rare valuation opportunity” as it trades at levels not seen since 2021, although shares are down 24% year-to-date, analysts believe its quality growth merits attention.
See More
Market Watch: Chip Stocks Decline and IPO Developments
- Chip Stock Decline: Broadcom's failure to raise guidance sufficiently led to a 15% drop in its stock, contributing to a lower open for the S&P 500, which is on track for its first down week in ten, reflecting growing investor concerns over tech stocks.
- CrowdStrike's Strong Quarter: Despite a nearly 10% drop in stock price, CrowdStrike reported a full-year guidance of 27.7% growth in net new annual recurring revenue, a 5.2 percentage point increase over prior guidance, indicating robust performance in the market, although the market reaction was tepid.
- Alphabet's Fundraising Plan: Alphabet plans to sell $85 billion in stock to fund its AI buildout to surpass Anthropic and OpenAI, a move that may prompt other tech giants like Microsoft and Amazon to follow suit, intensifying market fundraising pressures.
- Quantinuum's Successful IPO: Quantum computing company Quantinuum priced its IPO at $60 per share, raising nearly $1.7 billion and achieving a valuation of over $14 billion, demonstrating strong market interest in quantum technology despite the overall bearish market sentiment.
See More
Ollie's Reports Strong Quarterly Earnings Growth
- Significant Sales Growth: Ollie's Bargain Outlet reported a 14% increase in sales to $659 million, indicating strong performance in the retail market, which is expected to further drive market share growth in the future.
- Margin Improvement: Gross margin increased by 80 basis points to 41.9%, primarily due to lower supply chain costs and higher merchandise margins, which will enhance the company's profitability and support long-term financial health.
- Accelerated Store Openings: The company opened 27 new stores in the first quarter, increasing its total store count by over 15% to 672, reflecting Ollie's proactive strategy in expanding market coverage and enhancing customer touchpoints.
- Inventory Management Risks: Although inventory increased by 12% year-over-year, the expansion of new stores may pose risks if sales do not meet expectations, particularly as lower-income consumers are affected by high gas prices, which could challenge future performance.
See More
Quantum Computing Stocks Decline, GameStop Shares Rise
- Quantum Stocks Decline: Quantum computing stocks experienced a broad decline, with Rigetti Computing down 10%, D-Wave Quantum down 7%, and IonQ down 4%, indicating that investors opted to cash out after a rally in the previous session, leading to a weakened overall market sentiment.
- GameStop's Strong Earnings: GameStop reported first-quarter revenue of $835.3 million, reflecting a 14% year-over-year increase, and the board approved a $2 billion share repurchase authorization, which not only boosts investor confidence but may also enhance future shareholder returns.
- Energy Stocks Boosted by Oil Prices: Oil prices rose nearly 2% after Israeli Prime Minister Netanyahu indicated readiness to act against Iran, lifting energy stocks, with Exxon Mobil and Marathon Petroleum both gaining 3%, suggesting sustained market optimism regarding energy demand.
- Palo Alto Networks Stock Drop: Despite Palo Alto Networks posting stronger-than-expected revenue guidance, its stock fell nearly 6%, which may reflect market concerns about future growth, especially in light of the company's adjustments to its full-year revenue expectations.
See More
Ollie's Bargain Outlet Reports Significant Q1 Profit Growth
- Profit Growth: Ollie's Bargain Outlet reported a first-quarter profit of $56.40 million, or $0.92 per share, marking a significant increase from last year's $47.56 million and $0.77 per share, indicating strong market performance.
- Adjusted Earnings: Excluding items, the company reported adjusted earnings of $55.91 million, or $0.91 per share, showcasing successful cost control and efficiency improvements, which further bolster investor confidence.
- Revenue Increase: The company's revenue rose 14.2% year-over-year to $658.93 million from $576.77 million last year, reflecting sustained consumer demand for discount retail, driving sales growth.
- Full-Year Guidance: Ollie's provided full-year EPS guidance of $4.45 to $4.55, with expected revenue between $2.980 billion and $3.000 billion, indicating an optimistic outlook for future performance that may attract more investor interest.
See More
Private Equity Withdrawal Caps Impact Market Movements
- Private Equity Market Volatility: Partners Group's decision to cap withdrawals from one of its funds led to a 6% drop in Blackstone's stock and over a 5.5% decline in KKR, indicating market concerns regarding liquidity risks in the private equity sector.
- Palo Alto's Cautious Outlook: Despite Palo Alto Networks providing stronger-than-expected revenue guidance, its stock fell 2%, reflecting market skepticism about future growth, even as it reported adjusted earnings of 85 cents per share, surpassing analyst expectations.
- GitLab's Workforce Reduction: GitLab shares dropped nearly 4% after guiding for adjusted earnings per share below analyst estimates and announcing a 14% workforce reduction, which is expected to incur restructuring charges between $30 million and $35 million, highlighting the challenges the company faces.
- Marvell Technology's Stock Surge: Following a remarkable 32% increase in a single day, Marvell Technology's stock jumped over 13% in premarket trading, reflecting strong investor confidence in its robust performance and future growth potential.
See More
US Stock Market Turmoil and Corporate Outlook
- Strong Job Data: The May jobs report revealed an increase of 172,000 jobs, slightly down from the revised 179,000 but significantly above the expected 80,000, indicating robust economic recovery that may influence the Federal Reserve's monetary policy direction.
- Lululemon's Dim Outlook: The athletic apparel retailer cut its full-year guidance and provided a weak outlook for the current quarter, leading BTIG to downgrade its rating from buy to hold, resulting in an over 11% drop in premarket trading, reflecting market concerns about its future performance.
- CrowdStrike's Mixed Results: Despite reporting stronger-than-expected results and raising its full-year outlook, CrowdStrike's shares fell 4% as investors questioned why heightened attention to its AI model did not immediately translate into financial results, indicating cautious market sentiment regarding its growth potential.
- Chipotle's Valuation Opportunity: JPMorgan upgraded Chipotle from hold to buy, citing a “rare valuation opportunity” as it trades at levels not seen since 2021, although shares are down 24% year-to-date, analysts believe its quality growth merits attention.
See More
Market Watch: Chip Stocks Decline and IPO Developments
- Chip Stock Decline: Broadcom's failure to raise guidance sufficiently led to a 15% drop in its stock, contributing to a lower open for the S&P 500, which is on track for its first down week in ten, reflecting growing investor concerns over tech stocks.
- CrowdStrike's Strong Quarter: Despite a nearly 10% drop in stock price, CrowdStrike reported a full-year guidance of 27.7% growth in net new annual recurring revenue, a 5.2 percentage point increase over prior guidance, indicating robust performance in the market, although the market reaction was tepid.
- Alphabet's Fundraising Plan: Alphabet plans to sell $85 billion in stock to fund its AI buildout to surpass Anthropic and OpenAI, a move that may prompt other tech giants like Microsoft and Amazon to follow suit, intensifying market fundraising pressures.
- Quantinuum's Successful IPO: Quantum computing company Quantinuum priced its IPO at $60 per share, raising nearly $1.7 billion and achieving a valuation of over $14 billion, demonstrating strong market interest in quantum technology despite the overall bearish market sentiment.
See More
Ollie's Reports Strong Quarterly Earnings Growth
- Significant Sales Growth: Ollie's Bargain Outlet reported a 14% increase in sales to $659 million, indicating strong performance in the retail market, which is expected to further drive market share growth in the future.
- Margin Improvement: Gross margin increased by 80 basis points to 41.9%, primarily due to lower supply chain costs and higher merchandise margins, which will enhance the company's profitability and support long-term financial health.
- Accelerated Store Openings: The company opened 27 new stores in the first quarter, increasing its total store count by over 15% to 672, reflecting Ollie's proactive strategy in expanding market coverage and enhancing customer touchpoints.
- Inventory Management Risks: Although inventory increased by 12% year-over-year, the expansion of new stores may pose risks if sales do not meet expectations, particularly as lower-income consumers are affected by high gas prices, which could challenge future performance.
See More
Quantum Computing Stocks Decline, GameStop Shares Rise
- Quantum Stocks Decline: Quantum computing stocks experienced a broad decline, with Rigetti Computing down 10%, D-Wave Quantum down 7%, and IonQ down 4%, indicating that investors opted to cash out after a rally in the previous session, leading to a weakened overall market sentiment.
- GameStop's Strong Earnings: GameStop reported first-quarter revenue of $835.3 million, reflecting a 14% year-over-year increase, and the board approved a $2 billion share repurchase authorization, which not only boosts investor confidence but may also enhance future shareholder returns.
- Energy Stocks Boosted by Oil Prices: Oil prices rose nearly 2% after Israeli Prime Minister Netanyahu indicated readiness to act against Iran, lifting energy stocks, with Exxon Mobil and Marathon Petroleum both gaining 3%, suggesting sustained market optimism regarding energy demand.
- Palo Alto Networks Stock Drop: Despite Palo Alto Networks posting stronger-than-expected revenue guidance, its stock fell nearly 6%, which may reflect market concerns about future growth, especially in light of the company's adjustments to its full-year revenue expectations.
See More
Ollie's Bargain Outlet Reports Significant Q1 Profit Growth
- Profit Growth: Ollie's Bargain Outlet reported a first-quarter profit of $56.40 million, or $0.92 per share, marking a significant increase from last year's $47.56 million and $0.77 per share, indicating strong market performance.
- Adjusted Earnings: Excluding items, the company reported adjusted earnings of $55.91 million, or $0.91 per share, showcasing successful cost control and efficiency improvements, which further bolster investor confidence.
- Revenue Increase: The company's revenue rose 14.2% year-over-year to $658.93 million from $576.77 million last year, reflecting sustained consumer demand for discount retail, driving sales growth.
- Full-Year Guidance: Ollie's provided full-year EPS guidance of $4.45 to $4.55, with expected revenue between $2.980 billion and $3.000 billion, indicating an optimistic outlook for future performance that may attract more investor interest.
See More
Private Equity Withdrawal Caps Impact Market Movements
- Private Equity Market Volatility: Partners Group's decision to cap withdrawals from one of its funds led to a 6% drop in Blackstone's stock and over a 5.5% decline in KKR, indicating market concerns regarding liquidity risks in the private equity sector.
- Palo Alto's Cautious Outlook: Despite Palo Alto Networks providing stronger-than-expected revenue guidance, its stock fell 2%, reflecting market skepticism about future growth, even as it reported adjusted earnings of 85 cents per share, surpassing analyst expectations.
- GitLab's Workforce Reduction: GitLab shares dropped nearly 4% after guiding for adjusted earnings per share below analyst estimates and announcing a 14% workforce reduction, which is expected to incur restructuring charges between $30 million and $35 million, highlighting the challenges the company faces.
- Marvell Technology's Stock Surge: Following a remarkable 32% increase in a single day, Marvell Technology's stock jumped over 13% in premarket trading, reflecting strong investor confidence in its robust performance and future growth potential.
See More
