OLLI Ollie's Bargain Outlet (OLLI) Q1 FY27 earnings call
Ollie's Bargain Outlet delivered strong Q1 FY27 earnings and margin expansion, driven by new store growth and effective cost management. Despite a challenging consumer environment marked by weather volatility and rising fuel costs impacting lower-income shoppers, the company leveraged its value proposition and robust closeout market. Management is proactively investing in price and strategic initiatives to drive sales and market share, while maintaining its full-year earnings outlook.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
OLLI operating KPIs by quarter
| KPI | Jan 2026 Q4 FY26 | This call Apr 2026 Q1 FY27 | Jul 2026 Q2 FY27 | Change vs prior quarter |
|---|---|---|---|---|
| Stores | 658With a total of 658 stores in 35 states, we are only at the halfway mark of our long-term goal of more than 1,300 stores.Source: earnings call transcript | 672We opened 27 new stores in the first quarter, an increase of more than 15% and ended the period with 672 stores in 35 states.Source: earnings call transcript | — | +2.1% |
| Loyalty program members | 17MWe opened a record 86 stores last year, an increase of more than 15% and membership growth in Ollie's Army remained strong, up more than 12% for the year to 17 million members.Source: earnings call transcript | 17.5MGrowth in our loyalty program was again strong in the quarter, increasing 13% to 17.5 million members.Source: earnings call transcript | 18M+Ollie's Army members increased 13% versus last year, and we ended the period with over 18 million bargain ops.Source: earnings call transcript | — |
| New stores opened | — | 27We opened 27 new stores in the first quarter, an increase of more than 15% and ended the period with 672 stores in 35 states.Source: earnings call transcript | 50We opened 50 new stores during the second quarter and 42 during the first half of the year, more than halfway to our full year target of 75.Source: earnings call transcript | +85.2% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.