OLLI Q3 Earnings: Breaking Down Store Growth and Sales Per Location

Ollie’s Bargain Outlet delivered a solid performance in its third quarter, posting $613.62 million in revenue for the three-month period ending October 2025. This marked an 18.6% year-over-year growth, though it fell slightly short of the Zacks Consensus Estimate of $615.68 million by 0.33%. On the bottom line, the company achieved earnings per share (EPS) of $0.75, a notable improvement from $0.58 in the prior year, and exceeded the consensus forecast of $0.71 by 5.63%.

Key Performance Indicators: Where OLLI Stood

Beyond the headline figures, several operational metrics paint a more granular picture of OLLI’s operational execution:

Store Expansion and Same-Store Dynamics The retailer ended the quarter operating 645 locations, surpassing analyst expectations of 640 stores. During the period, Ollie’s Bargain Outlet opened 32 new stores against an estimated 27. The company began the quarter with 613 stores as projected.

Comparable Store Sales and Per-Location Revenue Comparable store sales increased 3.3%, coming in slightly below the five-analyst consensus of 3.8%. Meanwhile, average net sales per store totaled $0.95 million, trailing the three-analyst average estimate of $0.99 million. This metric suggests that while traffic and transaction growth remain positive, the company faced some headwinds in per-unit productivity.

Stock Market Reaction

Ollie’s Bargain Outlet shares have experienced pressure recently, declining 6.1% over the past month as the broader market, represented by the Zacks S&P 500 composite, gained 1.9%. Despite the near-term pullback, the stock maintains a Zacks Rank #2 (Buy), suggesting analysts believe the company could deliver stronger performance relative to the market going forward.