Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) will release its first-quarter earnings results before the opening bell on Tuesday, June 3.
Analysts expect the Harrisburg, Pennsylvania-based company to report quarterly earnings at 71 cents per share, down from 73 cents per share in the year-ago period. Ollie’s Bargain Outlet projects to report quarterly revenue at $565.75 million, compared to $508.82 million a year earlier, according to data from Benzinga Pro.
On March 19, the company reported fourth-quarter adjusted earnings per share of $1.19, in line with the analyst consensus estimate. Quarterly sales of $667.1 million (up 2.8% year over year) missed the analyst consensus estimate of $674.5 million.
Ollie’s Bargain Outlet shares fell 0.3% to close at $111.45 on Friday.
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