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Ollie's Profits Rise as Sales Slip and Tariff Refund Helps

Ollie's Bargain Outlet logoOllie's Bargain Outlet
Sig2.18Sen+2.75Env0.00Soc-1.20Gov0.00

Ollie’s Bargain Outlet reported Q2 adjusted EPS up 43.4% to $1.42 while comparable store sales fell 1.8% as shoppers pulled back on seasonal goods. Management attributes most earnings lift to a one-time tariff refund, even as net sales rose 9.1% to $741.3 million. The company raised its store and buyback plans, ending with $507.1 million cash and no meaningful long-term debt.

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