Ollie's Bargain Outlet posts 18% Q4 sales rise, EPS up 44.7% to $1.23
Ollie's Bargain Outlet reported fourth-quarter fiscal 2023 net sales up 18.0% to $648.9 million and diluted EPS up 44.7% to $1.23, with fiscal 2023 net income of $181.4 million, or $2.92 per diluted share. The company also outlined fiscal 2024 guidance for net sales of $2.248 to $2.273 billion and adjusted EPS of $3.10 to $3.20, and raised its long-term store target to 1,300 from 1,050.
Key points
- Q4 net sales rose 18.0% to $648.9 million; comparable store sales rose 3.9%
- Q4 diluted EPS was $1.23 versus $0.85 a year earlier; operating income rose 44.3% to $97.7 million
- Fiscal 2024 outlook: net sales of $2.248 to $2.273 billion, operating income of $243 to $251 million, adjusted EPS of $3.10 to $3.20
- Fiscal 2023 included a 53rd week that contributed $34.0 million of sales; excluding it, Q4 sales rose 11.9%
The filing
Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 20, 2024.
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