Company Earnings UpdateOllie’s Bargain Outlet (NASDAQ: OLLI) 2Q19 Results: Revenues and Comps Fall Short of Consensus; Guidance Lowered Coresight Research August 30, 2019 Executive Summary Ollie’s reported 2Q19 revenues of $333.9 million, up 15.9% but missing the $339.8 million consensus estimate. Adjusted EPS was $0.35, down 10.5% and missing the consensus estimate by 11 cents. Comps decreased 1.7%, versus a 4.4% increase in the year-ago quarter and short of the 1.9% consensus estimate. Ollie’s guided for 2019 revenues of $1.42-1.43 billion, up 14-15% and in line with the $1.43 billion consensus, comps to decrease 0.5-1.5% and adjusted EPS of $1.95-2.00, up 7-9% and below the $2.05 consensus estimate. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: US Tariffs: Divergence Between Consumer and Business Sentiment and What It Means for RetailAnalyst Corner: Three Technologies Driving the Future of US Retail, with Anand KumarEarnings Insights 4Q24, Week 4: Birkenstock, Hermès, Sprouts and More Post Double-Digit Growth—InfographicChinese New Year 2025 Review: From Shopping to Screens—How Younger Consumers Boosted Spring Festival Spending
