08:22 AM EDT, 03/20/2024 (MT Newswires) -- Ollie's Bargain Outlet Holdings (OLLI) reported fiscal Q4 adjusted net income of $1.23 per diluted share, up from $0.84 a year earlier.

Analysts polled by Capital IQ expected $1.16.

Net sales for the fiscal quarter that ended Feb. 3 were $648.9 million, up from $549.8 million a year earlier.

Analysts surveyed by Capital IQ expected $649.2 million.

For fiscal 2024, the discount retailer expects adjusted net income of $3.10 to $3.20 per diluted share on revenue of $2.25 billion to $2.27 billion. Analysts polled by Capital IQ expect adjusted EPS of $3.21 on revenue of $2.3 billion.

Ollie's shares slipped by 0.4% in recent premarket trading.

Price: 75, Change: -0.35, Percent Change: -0.46