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Ollie’s Bargain (NASDAQ: OLLI) surpasses forecasts for Q1 earnings & sales

  • Ollie's Bargain Outlet Holdings (NASDAQ: OLLI) reported its Q1 fiscal 2019 on June 7th;
  • Ollie’s Bargain delivered adjusted EPS of $0.46, which represents a 12.2 Y/Y increase;
  • Net sales gained 17.8% and beat the consensus mark of $319 million.

Ollie's Bargain Outlet Holdings (NASDAQ: OLLI) reported its Q1 fiscal 2019 on June 7th. The company managed to maintain its positive earnings surprise streak. Net sales also beat the consensus mark after failing to do so the previous quarter.

Ollie’s Bargain delivered adjusted EPS of $0.46. This figure surpassed the Zacks Consensus Estimate by a couple of cents. On top of that, the figure also gained 12.2% when compared to the previous year’s quarter.