Ollie's Points to Resilient US Consumer Base as Bolstering Q2 Earnings
Written by
Nicholas Morine
Nicholas MorineOllie's reported adjusted EPS of $1.42 for its second quarter, versus analyst projections of $1.14, and net sales trended upward by 9.1% to $741.3 million (against expectations of $756.4 million. “The consumer remains resilient, but increasingly selective in how they choose to spend,” CEO Eric van der Valk said.