$Ollie's Bargain Outlet (OLLI.US)$The rapid increase in reve...
$Ollie's Bargain Outlet(OLLI.US$The rapid increase in revenue reached its peak in 2021, shrinking by 3.1% in 2022 and 4.2% in 2023. Operating profit fell 26.3% in 2022 and fell further by 36% in 2023, mainly affected by the rapid increase in costs and expenses. Net profit was similar, with a sharp decline in the past two years.
2024Q1 revenue increased 12.9%, operating profit increased 1.2 times, and net profit increased 1.5 times.
Currently, the price-earnings ratio is 42, and the price-earnings ratio TTM has dropped to 35.6. If the full-year net profit reaches 240 million dollars in 2021, which is equivalent to 8 times the net profit for the first quarter, then the price-earnings ratio will drop to 18. If it reaches 6 times that of the first quarter, the corresponding price-earnings ratio is 24, it seems pretty good, but just one month's surge data is not enough; you can wait a few more financial reports before making a judgment.
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