Ollie's Bargain Outlet Raises FY23 Net Sales Outlook From $2.076B-$2.091B To $2.097B-$2.104B, Adjusted EPS From $2.65-$2.74 To $2.77-$2.83
Portfolio Pulse from Benzinga Newsdesk
Ollie's Bargain Outlet has increased its FY23 net sales forecast from $2.076B-$2.091B to $2.097B-$2.104B and raised its adjusted EPS guidance from $2.65-$2.74 to $2.77-$2.83.
December 06, 2023 | 12:34 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Ollie's Bargain Outlet has raised its full-year 2023 net sales and adjusted EPS forecasts, indicating a positive performance outlook.
The upward revision in net sales and EPS guidance by Ollie's Bargain Outlet suggests the company is experiencing better-than-expected financial performance. This typically leads to positive investor sentiment and can result in a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100