Truist Securities Maintains Buy Rating on Ollie's Bargain Outlet, Raises PT to $148

Truist Securities Maintains Buy Rating on Ollie's Bargain Outlet, Raises PT to $148

Title: Truist Securities Maintains Buy Rating on Ollie's Bargain Outlet, Raises PT to $148

July 2, 2025

Truist Securities has maintained its Buy rating on Ollie's Bargain Outlet (NASDAQ:OLLI) and raised its price target to $148.00, reflecting the company's strong financial performance in the second quarter of 2025. The investment firm cited Ollie's robust comparable sales growth of 5% and its "Army Night" promotion as key drivers behind the positive outlook [2].

The research firm noted that the company's gross margins reached nearly 40%, 110 basis points ahead of projections, and operating profit margins expanded by 80 basis points. These improvements contributed to a 25% increase in operating profit dollars. Truist also highlighted accelerating unit growth, sales gains from competitive closures, strong deal flow, and continued consumer demand for value offerings as positive factors for Ollie's near and medium-term outlook [2].

Despite the stock remaining relatively flat following the results due to elevated expectations, Truist recommended that investors remain "aggressive buyers" of Ollie's shares. The firm's optimism is based on the company's strong earnings flow-through and its ability to continue delivering value to consumers [2].

Ollie's Bargain Outlet Holdings, Inc. reported an earnings per share (EPS) of $0.99 for the second quarter of 2025, which exceeded the forecasted $0.92. Additionally, the company reported revenue of $680 million, outperforming the anticipated $660.75 million. These results reflect a strong performance in the recent period, drawing attention from investors and analysts alike [2].

References
1. [MarketBeat](https://www.marketbeat.com/instant-alerts/filing-ollies-bargain-outlet-holdings-inc-olli-shares-bought-by-ameriprise-financial-inc-2025-08-26/)
2. [Investing.com](https://www.investing.com/news/analyst-ratings/truist-securities-raises-ollies-bargain-outlet-stock-price-target-to-148-93CH-4215257)