Ollie's Bargain Outlet Caps Fiscal 2025 with Strong Q4

Retailer sees record store growth, expanded loyalty program, and solid financial results despite weather disruptions

Mar. 12, 2026 at 1:53pm

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Ollie's Bargain Outlet (NASDAQ:OLLI) executives told investors the company capped fiscal 2025 with a 'strong' fourth quarter, with both comparable store sales and earnings coming in ahead of expectations. The performance was supported by customer acquisition gains, merchandising changes, and expense discipline, though severe winter weather disrupted operations late in the quarter.

Why it matters

Ollie's Bargain Outlet's strong Q4 results and continued expansion highlight the company's ability to navigate a challenging retail environment. The retailer's focus on value, brand name merchandise, and a unique shopping experience have helped it stand out in a crowded discount sector.

The details

For the fourth quarter, Ollie's reported net sales increased 17% to $779 million, driven by new store openings and 3.6% comparable store sales growth. Category performance was led by seasonal, consumable, hardware, stationery, and sporting goods. However, major winter storms around key shopping periods led to significant store closures and disruptions, which management said impacted the quarter's exit rate. Gross margin was 39.9%, above plan but about 80 basis points lower than last year, largely due to planned price investments. Adjusted net income rose 16% to $85 million, and adjusted EPS increased 17% to $1.39.

  • Major storms around Black Friday weekend, the weekend of Ollie's Army Night, and the end of January led to 'a significant number of store closures and disruptions to the business'.
  • In the final week of the quarter, winter storms forced hundreds of Ollie's store closures for multiple days.

The players

Ollie's Bargain Outlet

An American discount retailer specializing in closeout merchandise and surplus inventory across a broad range of categories.

Eric van der Valk

President and CEO of Ollie's Bargain Outlet.

Robert Helm

Executive Vice President and CFO of Ollie's Bargain Outlet.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee (Instagram)

What’s next

The judge in the case will decide on Tuesday whether or not to allow Walker Reed Quinn out on bail.

The takeaway

This case highlights growing concerns in the community about repeat offenders released on bail, raising questions about bail reform, public safety on SF streets, and if any special laws to govern autonomous vehicles in residential and commercial areas.