Ollie's Bargain Outlet Shares Surge on Strong Earnings
Update: 2025-12-12
Description
Ollies Bargain Outlets shares surged four percent following a robust third-quarter earnings report, with profits exceeding expectations and a raised full-year financial outlook. The companys adjusted earnings per share hit seventy-five cents, surpassing analyst predictions, leading to an increased earnings per share forecast for fiscal year 2025. Despite mixed reactions from financial analysts, investors focused on the positive earnings, pushing the stock higher to close at $116.12, a three point three percent increase from the previous close. The recent move suggests the market views the latest news as significant for the companys prospects, with shares up seven point three percent since the start of the year, though still trading about seventeen point five percent below its fifty-two-week high.
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