Ollie's (OLLI) to Report Q1 Earnings as Analysts Forecast 15% Revenue Growth

Discount retailer Ollie's Bargain Outlet (NASDAQ:OLLI) is scheduled to announce its fiscal first-quarter results on June 3, 2026. Analysts expect revenue to rise 15% year-over-year, an acceleration from the 13.4% growth recorded in the same quarter last year. In the previous quarter, Ollie's reported revenue of $779.3 million, up 16.8% annually, but fell short of revenue expectations and issued full-year EPS guidance below analyst estimates. The company has missed revenue estimates multiple times over the past two years. Consensus estimates for the upcoming report have been largely unchanged over the last 30 days. Peers in the discount retail segment, Ross Stores and Burlington Stores, recently reported Q1 results. Ross posted a 20.6% revenue surge, beating forecasts by 6.6%, while Burlington's revenue grew 14.1%, topping estimates by 2.7%. Ollie's shares have declined 2% over the past month, underperforming the sector's average 2.6% gain. The stock closed at $80.83, far below the average analyst price target of $131.53.