What does Ollie's Bargain do and what are its main business segments?

What is Ollie's Bargain's latest dividend and current dividend yield?

What is Ollie's Bargain's gross profit margin?

Did Ollie's Bargain beat or miss consensus estimates last quarter?

What factors drove the changes in Ollie's Bargain's revenue and profit?

What is the revenue and EPS growth rate for Ollie's Bargain year over year?

What were the key takeaways from Ollie's Bargain’s earnings call?

What is the market's earnings forecast for Ollie's Bargain next quarter?

- **Revenue Growth**: Q2 net sales $680M (+18% YoY), driven by 5% comps and 29 new stores. Full-year target raised to 85 stores.
- **Ollie's Army Success**: 16.1M members (+10.6%), adding 100 bps to comps via exclusive event. Members account for 80% of sales.
- **Profitability**: Adjusted EPS $0.99 (+26.9%), EBITDA $94M (+26%). Gross margin 39.9% (+200 bps YoY).
- **Expansion Momentum**: 54 stores opened YTD (4x 2024 pace). Acquired 10 Big Lots locations with faster ramp-up via 'warm box' strategy.
- **Tariff Resilience**: Strong deal flow from retail bankruptcies and tariffs. No material shift in import/closeout mix yet.
- **Q3 Outlook**: Comps expected above 1%-2% algo, with full-year guidance raised across all metrics.


**【CEO Summary Section】**
- **Record Q2 Performance**: Revenue exceeded expectations with 18% YoY growth to $680 million, driven by 5% comparable store sales (comps) and 29 new store openings. Total stores reached 613, a 17% YoY increase.
- **Accelerated Store Growth**: Opened 54 stores in the first half (4x 2024 pace), raising full-year target to 85 stores. 600th store milestone achieved in New Hampshire, entering 34th state.
- **Ollie's Army Success**: Revamped Ollie's Days event added 100 bps to comps, with Ollie's Army members growing 10.6% to 16.1 million. Members account for 80% of sales and spend 40% more per visit.
- **Strategic Expansion**: Acquired 10 Big Lots locations, leveraging 'warm box' dynamics for faster ramp-up. 10-year anniversary as public company noted as top-performing retail IPO.

**【CFO Financial Commentary】**
- **Topline Strength**: Net sales $680M (+18% YoY), driven by consumer staples and seasonal items. Gross margin improved 200 bps to 39.9% due to lower supply chain costs and higher merch margins.
- **Profitability**: Adjusted EPS $0.99 (+26.9%), adjusted EBITDA $94M (+26%). Operating margin expanded 90 bps to 13.8%. Cash increased 30% to $460M with no long-term debt.
- **Cost Management**: SG&A as % of sales rose 60 bps to 25.8% due to medical claims and store labor. Preopening expenses $9M (+$4M YoY) from accelerated openings.
- **Updated Guidance**: Full-year net sales $2.631B-$2.644B, comps 3%-3.5%, gross margin 40.3%, adjusted EPS $3.76-$3.84. Q3 comps expected above 1%-2% algo.

**【Q&A Highlights】**
- **Deal Flow & Tariffs**: Strong closeout opportunities from retail bankruptcies and tariffs. Inventory up 20% YoY reflects robust deal flow. No material shift in import/closeout mix yet.
- **Gross Margin Outlook**: 40.3% full-year target reflects first-half strength but cautious on Q4 due to high 2024 base. Long-term margin algo unchanged at ~40%.
- **Store Economics**: New stores outperforming plan with mid-teens 4-wall margins. Payback periods consistent for organics, longer for Big Lots acquisitions due to build-out costs.
- **Distribution Expansion**: Planning DC expansions in Texas and Illinois (200K sq ft each) to support mid-800s store count. Fifth DC 3-4 years out.
- **Customer Trends**: Ollie's Army Night drove 60% new member growth. Customer base getting younger, with digital engagement driving acquisition.
- **Tariff Strategy**: Price followers, maintaining value proposition through mix shifts. No need for contracted manufacturing; closeout opportunities ample.


OLLI

OLLI fundamentals

You can ask Aime