Ollies Bargain Outlet Holdings Inc

NASDAQ:OLLI   3:59:59 PM EDT
62.87
-0.56 (-0.88%)
Officer Changes, Other Pre-Announcement

Ollie's Bargain Outlet Holdings Reports First Quarter Fiscal 2022 Results

Published: 06/08/2022 12:33 GMT
Ollies Bargain Outlet Holdings Inc (OLLI) - Ollie’s Bargain Outlet Holdings, Inc. Reports First Quarter Fiscal 2022 Financial Results.
Q1 Adjusted Earnings per Share $0.20.
Q1 Earnings per Share $0.20.
Q1 Sales Fell 10.1 Percent to $406.7 Million.
Sees FY Sales $1.87 Billion to $1.9 Billion.
Q1 Earnings per Share View $0.30, Revenue View $417.2 Million -- Refinitiv Ibes Data (analyst estimates).
Sees for Full-year Fiscal 2022 Comparable Store Sales Ranging From -2.0% to Flat.
Sees for Full-year Fiscal 2022 Adjusted Net Income per Diluted Share of $1.83 to $1.98.
Sees Q2 Revenue $450 Million to $460 Million.
Sees for Q2 of Fiscal 2022 Adjusted Net Income per Diluted Share of $0.32 to $0.35.
Jay Stasz, Cfo, Has Resigned to Pursue Another Opportunity and His Last Day As CFO Will Be June 30, 2022.
Initiated a National Search for Stasz's Successor.
John Swygert Will Assume Additional Role of Interim CFO Until a Successor is Named.
Q2 Earnings per Share View $0.33, Revenue View $449.4 Million -- Refinitiv Ibes Data (analyst estimates).
FY Earnings per Share View $2.13, Revenue View $1.90 Billion -- Refinitiv Ibes Data (analyst estimates).