Ollie's Bargain Outlet (OLLI)
(Delayed Data from NSDQ)
$96.00 USD
-0.39 (-0.40%)
Updated Jul 26, 2024 04:00 PM ET
After-Market: $96.03 +0.03 (0.03%) 7:58 PM ET
1-Strong Buy of 5 1
D Value C Growth B Momentum C VGM
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$96.00 USD
-0.39 (-0.40%)
Updated Jul 26, 2024 04:00 PM ET
After-Market: $96.03 +0.03 (0.03%) 7:58 PM ET
1-Strong Buy of 5 1
D Value C Growth B Momentum C VGM
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Ollie's Bargain Outlet (OLLI) Moves to Buy: Rationale Behind the Upgrade
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Ollie's Bargain Outlet (OLLI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
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Ollie's Bargain Outlet (OLLI) delivered earnings and revenue surprises of 12.31% and 0.60%, respectively, for the quarter ended April 2024. Do the numbers hold clues to what lies ahead for the stock?
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Ollie's Bargain's (OLLI) first-quarter results are likely to reflect a focus on value-driven merchandise assortment, an expansion of the customer reward program and cost-containment efforts.
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Besides Wall Street's top -and-bottom-line estimates for Ollie's Bargain Outlet (OLLI), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended April 2024.