Investing.com - Ollies Bargain Outlet Holdings Inc reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Ollies Bargain Outlet Holdings Inc announced earnings per share of $0.22 on revenue of $452.48M. Analysts polled by Investing.com anticipated EPS of $0.3315 on revenue of $456.38M.
Ollies Bargain Outlet Holdings Inc shares are up 7% from the beginning of the year , still down 27.17% from its 52 week high of $75.27 set on Wednesday, November 3, 2021. They are outperforming the Nasdaq which is down 24.67% year to date.
Ollies Bargain Outlet Holdings Inc follows other major Consumer Discretionary sector earnings this month
Ollies Bargain Outlet Holdings Inc's report follows an earnings beat by Home Depot on Tuesday, August 16, 2022, who reported EPS of $5.05 on revenue of $43.79B, compared to forecasts EPS of $4.95 on revenue of $43.36B.
Alibaba ADR had beat expectations on Thursday, August 4, 2022 with third quarter EPS of $11.73 on revenue of $205.56B, compared to forecast for EPS of $10.7 on revenue of $203.47B.
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