HARRISBURG, Pa. (AP) — HARRISBURG, Pa. (AP) — Ollie's Bargain Outlet Holdings Inc. (OLLI) on Wednesday reported fiscal fourth-quarter profit of $68.6 million.
On a per-share basis, the Harrisburg, Pennsylvania-based company said it had profit of $1.11. Earnings, adjusted for non-recurring costs, were $1.19 per share.
The results fell short of Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.20 per share.
The retailer posted revenue of $667.1 million in the period, which also missed Street forecasts. Six analysts surveyed by Zacks expected $672.1 million.
Ollie's Bargain Outlet expects full-year earnings in the range of $3.65 to $3.75 per share, with revenue in the range of $2.56 billion to $2.59 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OLLI at https://www.zacks.com/ap/OLLI
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