The retail store is useful for Olie’s Pargain Outlet, stocks are rising on Q4 – Olie’s Pargain Outlet (Nasdaq: Oli)

Olie’s Pargain Outlet Holdings, Inc. first The stocks are trading on the top of Wednesday.

The company has reported the profits of an amendment in the fourth quarter of one share of $ 1.19, in line with the estimation of the analyst’s consensus. The quarterly sales of $ 667.1 million (an increase of 2.8 % on an annual basis) missed estimating the consensus of the analyst of $ 674.5 million.

Similar store sales by 2.8 % exceeded the increase of the previous year of 3.9 %.

“With many retailers who closed stores or bankruptcy last year, there are a large number of displaced customers, goods, real estate and talents in the market,” said there with a large number of displaced customers, goods, real estate and talent in the market. Eric van der FalkThe president and executive director.

The company opened 13 new stores, as it ended the quarter with 559 stores in 31 states, an increase of 9.2 % on an annual basis.

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The modified Ebitda in the quarter has decreased to 109.355 million dollars from 110.586 million dollars. The average EBITDA margin decreased 60 basis points to 16.4 % in the fourth quarter of 17.0 % in the same period last year.

The total margin increased 20 basis points to 40.7 % in the fourth quarter of 40.5 % in the fourth quarter of the fiscal year 2023, driven by the costs of the low supply chain.

The company’s money and its equivalent and short -term investments amounted to 428.7 million dollars. Inventory increased from the end of 2024 9.2 % to $ 552.5 million.

In a separate version, Ollie’s Pargain Outlet has announced a new authorization of $ 300 million to purchase shares until March 31, 2029.

The company may buy shares through the open market or private transactions based on market conditions. Since 2019, Olie’s has reshaped nearly $ 414 million of shares or 5.5 million shares.

Expectations: The company speeds up new store openings during 2025 to 75 stores from 50 stores in 2024. Similar store sales are expected to increase from 1 % to 2 %.

Ollie’s Pargain Outlet is witnessing 2.564 billion dollars – $ 2.586 billion for $ 2.572 billion.

The company has amended the arrow profit from $ 3.65 to $ 3.75 for an estimate of $ 3.78.

Price work: Oli shares are trading 10.3 % to $ 109.30 in the last selection on Wednesday.

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