Business
Ollie’s Bargain Outlet Holdings, Inc. Announces Fourth Quarter Fiscal Year 2025 Results
Comparable Store Sales and Earnings Ahead of Expectations Net Sales Increased 17%, Earnings Per Share Increased 25%, and Adjusted Earnings Per Share Increased
About this update from Ollie's Bargain Outlet Holdings, Inc.
[{"type":"text","content":"Comparable Store Sales and Earnings Ahead of Expectations Net Sales Increased 17%, Earnings Per Share Increased 25%, and Adjusted Earnings Per Share Increased 17% Provides Initial Outlook for Fiscal Year 2026 HARRISBURG, Pa., March 12, 2026 (GLOBE NEWSWIRE) -- Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) today announced financial results for the fourth quarter and fiscal year ended January 31, 2026. “We had a strong fourth quarter to cap off an exceptional year,” said Eric van der Valk, President and Chief Executive Officer. “In the fourth quarter, we delivered better than expected sales and earnings, driven by solid comp growth, healthy margins, and disciplined expense control. For the full year, we opened a record 86 stores and grew our Ollie’s Army loyalty program by more than 12% to 17 million members.” Mr. van der Valk concluded, “We are super proud of our achievements in fiscal 2025. We delivered against virtually every single metric and goal we set for ourselves at the beginning of the year. That’s now behind us, and we are focused on building on this success, seizing new opportunities, delivering another year of Good Stuff Cheap® to our customers, and strong results for our shareholders.” Thirteen weeks ended Fiscal year ended January 31, February 1, January 31, February 1,Dollars in thousands, except per share data 2026 2025 2026 2025 Net sales$779,256 $667,084 $2,649,198 $2,271,705 Yr/yr change 16.8% 2.8% 16.6% 8.0%Comparable store sales change(1) 3.6% 2.8% 3.7% 2.8%Net income$85,554 $68,554 $240,596 $199,762 Net income per diluted share$1.39 $1.11 $3.89 $3.23 Adjusted net income per diluted share$1.39 $1.19 $3.86 $3.28 Yr/yr change 16.8% (3.3%) 17.7% 12.7%Adjusted EBITDA$127,132 $109,355 $365,961 $313,076 % of net sales 16.3% 16.4% 13.8% 13.8%Store openings - 13 86 50 Store growth, yr/yr change 15.4% 9.2% 15.4% 9.2% (1)Calculated based on the comparable number of weeks from the prior year. Fourth Quarter Fiscal 2025 Highlights and Year-Over-Year Comparisons Opened a record 86 stores for the fiscal year and ended the period with 645 stores in 34 states, an increase of 15.4%.Ollie’s Army loyalty members increased 12.1% to 17.0 million members.Net sales increased 16.8% to $779.3 million, driven by new store unit growth and an increase in comparable store sales.Comparable store sales increased 3.6%...