Live Analysis
Ollie's Bargain Outlet Holdings, Inc. (OLLI) closed the trading session at $88.92, experiencing a price decrease of $3.13 (-3.41%) from the previous close of $92.05. The trading volume was $354,595, representing a 27.08% increase relative to the average. Recent performance indicates a dip in value with notable trading activity.
Earnings Overview
In the latest quarterly earnings report released on Wednesday, March 11th, OLLI reported earnings per share of $1.39, meeting consensus estimates. However, specific revenue and earnings figures are not available for this period.
Cash Flow
The company's financial health reveals positive free cash flow of $164.38 million, with significant operating cash flow of $182.37 million. Noteworthy cash movements include debt repayment of $253,000 and common stock repurchases totaling $33.65 million.
Income Statement
Revenue for OLLI stood at $779.26 million, leading to a gross profit of $280.49 million. The company reported an operating income of $111.34 million and a net income of $85.55 million, resulting in earnings per share of $1.4.
Ratios
Key financial metrics show a gross profit margin of 36%, net profit margin of 10.98%, and a price-earnings ratio of 19.75. OLLI maintains a healthy return on assets of 2.9% and a return on equity of 4.53%.
Balance Sheet
The balance sheet reflects total assets of $2.95 billion, with cash and cash equivalents amounting to $259.68 million. Total liabilities stand at $1 billion, resulting in a net debt of $426.25 million.
This comprehensive financial overview provides insights into OLLI's current market position and financial performance.
Ollie's Bargain Outlet Holdings, Inc. operates as a retailer of brand name merchandise. The company offers housewares, bed and bath, food, floor coverings, health and beauty aids, books and stationery, toys, and electronics; and other products, including hardware, candy, clothing, sporting goods, pet and lawn, and garden products. It provides its products primarily under the Ollie's, Ollie's Bargain Outlet, Good Stuff Cheap, Ollie's Army, Real Brands Real Cheap!, Real Brands! Real Bargains, Sarasota Breeze, Steelton Tools, American Way, and Middleton Home names. As of August 3, 2022, it operated 450 stores in 29 states throughout half of the United States. The company was formerly known as Bargain Holdings, Inc. and changed its name to Ollie's Bargain Outlet Holdings, Inc. in March 2015. Ollie's Bargain Outlet Holdings, Inc. was founded in 1982 and is headquartered in Harrisburg, Pennsylvania.