Ollie's Q4 net income falls 10.4%; comparable sales up 2.8%; $300 million buyback
Ollie's reported fourth-quarter fiscal 2024 results on March 19, 2025. Net sales rose 2.8%, but net income fell 10.4% to $68.6 million, or $1.11 per diluted share, from a year earlier, and the quarter included a one-time $5.5 million equity award expense. The Board also approved a new $300 million share repurchase authorization effective through March 31, 2029, and the company guided to fiscal 2025 adjusted earnings of $3.65 to $3.75 per diluted share.
Key points
- Q4 net sales rose 2.8% to $667.1 million; net income fell 10.4% to $68.6 million, or $1.11 per diluted share, from $1.23.
- Fiscal 2024 net income rose 10.1% to $199.8 million, or $3.23 per diluted share, on net sales of $2.272 billion.
- The Board approved a new $300 million buyback effective through March 31, 2029; $32.7 million remains on the prior program, which expires March 31, 2026.
- Fiscal 2025 outlook: net sales of $2.564 to $2.586 billion, adjusted EPS of $3.65 to $3.75, and 75 new store openings.
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 19, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.