Ollies Bargain 2026 Q3 Earnings 28.7% Net Income Growth Beats Expectations

Ollie's Bargain (OLLI) delivered results above expectations in its fiscal 2026 Q3 earnings report, with raised full-year guidance reflecting strong performance. The company reported a 27.1% increase in EPS and a 28.7% rise in net income, driven by 18.6% revenue growth. Management highlighted record store openings and loyalty program expansion as key contributors to the outperformance.

Revenue

Ollie's Bargain reported total revenue of $613.62 million in 2026 Q3, an 18.6% increase from $517.43 million in 2025 Q3. Consumables led with $222.29 million, while the Home segment contributed $179.13 million. Seasonal revenue reached $87.87 million, and the Other category added $124.33 million, collectively driving the year-over-year growth.

Earnings/Net Income

Earnings per share (EPS) surged 27.1% to $0.75, outpacing the prior year’s $0.59. Net income rose 28.7% to $46.17 million, up from $35.88 million in 2025 Q3. The company has maintained profitability for 12 consecutive years, underscoring its operational resilience.

Price Action

The stock price edged up 2.93% on the latest trading day but declined 4.72% for the week and 7.09% month-to-date, reflecting mixed investor sentiment.

Post-Earnings Price Action Review

A strategy of buying Ollie’s shares after a revenue increase quarter-over-quarter and holding for 30 days generated an overall return of 108.42% over three years, outperforming the benchmark by 40.72%. The approach delivered a CAGR of 28.03% with no losses and a Sharpe ratio of 0.77, highlighting its risk-adjusted effectiveness.

CEO Commentary

Eric van der Valk, CEO, attributed the strong Q3 results to 32 new store openings (86 total for the year), a 30% year-over-year increase in loyalty program members, and competitive pricing strategies. The company remains focused on expanding its 1,500-store target and enhancing digital marketing to drive customer acquisition.

Guidance

CFO Robert Helm outlined 2025 guidance of $2.648B–$2.655B revenue, $3.81–$3.87 EPS, and 86 new stores. For 2026, the company targets 75 new stores, $2.65B+ revenue, and 10%+ annual unit growth, emphasizing gross margin stability and digital marketing optimization.

Additional News

Ollie’s raised its FY25 outlook to $2.65B+ sales, citing a “good start” to the holiday quarter and 3.3% comp sales growth. The company also announced a Texas distribution center expansion and 30% growth in loyalty program members. Meanwhile, the SEC 10-Q report highlighted operational efficiency gains, including reduced SG&A expenses and optimized marketing spend.

Key Metrics

• Store Growth: 32 new stores in Q3, 18% annual increase.

• Loyalty Program: 16.6 million members, 30% YoY growth.

• Margin Stability: Adjusted EBITDA margin at 11.9%, up 30 bps.

Ollie’s strategic focus on store expansion, customer acquisition, and supply chain optimization positions it to capitalize on long-term growth opportunities amid industry consolidation.