Ollie Bargain Outlet

Q2 FY2027 EarningsQ2 FY26 results were mixed: revenue of $741.3M missed the $747.7M consensus due to a -1.8% comparable store sales decline, yet Diluted EPS of $1.42 significantly beat the $1.15 consensus. The earnings beat was primarily driven by a massive gross margin expansion to 43.5% (vs. 40.1% expected), fueled by one-time IEEPA tariff refunds. While management raised the full-year EPS guidance to $4.57–$4.65, they notably cut the FY26 revenue and comparable sales outlook due to consumer spending pressure.