HARRISBURG, Pa. (AP) — HARRISBURG, Pa. (AP) — Ollie’s Bargain Outlet Holdings Inc. (OLLI) on Tuesday reported fiscal third-quarter net income of $35.9 million.
The Harrisburg, Pennsylvania-based company said it had profit of 58 cents per share.
The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share.
The retailer posted revenue of $517.4 million in the period, which missed Street forecasts. Six analysts surveyed by Zacks expected $518.6 million.
Ollie’s Bargain Outlet expects full-year earnings in the range of $3.22 to $3.30 per share, with revenue in the range of $2.27 billion to $2.28 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OLLI at https://www.zacks.com/ap/OLLI
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
