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