Filing Flows › Ollie's Bargain Outlet Holdings (OLLI) › Q2 FY27
Ollie's Bargain Outlet Holdings (OLLI) Q2 FY27 earnings results (second quarter fiscal 2027)
10-Q filed Sep 2, 2026
Ollie's Bargain Outlet Holdings (OLLI) reported revenue of $741M for the second quarter fiscal 2027 (Q2 FY27), +9% from a year earlier and +13% from the quarter before. Operating margin was 14.6%, net earnings $85.5M (11.5% of revenue).
Ollie's Bargain Outlet Holdings, Q2 FY27: revenue $741M (+9% year over year), operating margin 14.6%, net earnings $85.5M, operating cash flow $108M. The chart follows the revenue to costs, profit and cash.
| Q2 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $741M | +13% | +9% |
| Gross profit | $322M | +17% | +19% |
| Operating profit | $108M | +56% | +41% |
| Net earnings | $85.5M | +52% | +39% |
| Operating cash flow | $108M | +138% | +34% |
| Free cash flow | $64.8M | +224% | +19% |
What changed
Revenue was $741.3M in Q2 FY27, up 9% year over year and up 13% from the previous quarter.
Gross margin was 43.5%, up 3.5 points from Q2 FY26. Operating profit was $108.5M, a 14.6% margin (up 3.3 points year over year). Of the extra revenue versus Q2 FY26, 51% reached operating profit, above the 11% margin then. Operating expenses grew 10% against revenue growth of 9%. The fastest-growing cost line was SG&A (+12%). Net earnings were $85.5M, up 39% year over year. The effective tax rate was 25.4%.
Operating cash flow was $108.1M (up 34% year over year), 127% of net earnings. Non-cash charges added back $11.3M of depreciation and amortization and $3.7M of share-based compensation. Working capital and other items added $7.7M. Capital expenditures of $43.3M left free cash flow of $64.8M.
Questions
What was Ollie's Bargain Outlet Holdings' revenue in the second quarter fiscal 2027?
Ollie's Bargain Outlet Holdings (OLLI) reported revenue of $741M for the second quarter fiscal 2027 (Q2 FY27), +9% from a year earlier and +13% from the quarter before.
Was Ollie's Bargain Outlet Holdings profitable in the second quarter fiscal 2027?
Operating profit was $108M (14.6% of revenue) and net earnings $85.5M.