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Ollie's Bargain Outlet beat first-quarter earnings expectations by 4 cents per share but missed revenue estimates by roughly $2.7 million.
Ollie's shares have fallen nearly 26% over the past year, significantly underperforming discount peers Ross Stores, Burlington, and TJX Companies.
Seventeen **** ysts covering Ollie's hold a consensus Moderate Buy rating, with an average 12-month price target of roughly $125, implying more than 40% upside.
Consumers have continued to seek out bargains as higher prices for everyday necessities have strained many household budgets.
Ollie's Bargain Outlet beat first-quarter earnings expectations by 4 cents per share but missed revenue estimates by roughly $2.7 million.
Ollie's shares have fallen nearly 26% over the past year, significantly underperforming discount peers Ross Stores, Burlington, and TJX Companies.
Seventeen **** ysts covering Ollie's hold a consensus Moderate Buy rating, with an average 12-month price target of roughly $125, implying more than 40% upside.
Consumers have continued to seek out bargains as higher prices for everyday necessities have strained many household budgets.
3 months ago