Ollie's Bargain Outlet Holdings (NAS:OLLI) Gross Margin %

: 37.56% (As of Jan. 2023)

View and export this data going back to 2015. Start your Free Trial

Gross Margin % is calculated as gross profit divided by its revenue. Ollie's Bargain Outlet Holdings's Gross Profit for the three months ended in Jan. 2023 was $206 Mil. Ollie's Bargain Outlet Holdings's Revenue for the three months ended in Jan. 2023 was $550 Mil. Therefore, Ollie's Bargain Outlet Holdings's Gross Margin % for the quarter that ended in Jan. 2023 was 37.56%.

Warning Sign:

Ollie's Bargain Outlet Holdings Inc gross margin has been in long-term decline. The average rate of decline per year is -1.8%.

The historical rank and industry rank for Ollie's Bargain Outlet Holdings's Gross Margin % or its related term are showing as below:

OLLI' s Gross Margin % Range Over the Past 10 Years
Min: 35.91 Med: 39.87 Max: 40.48
Current: 35.91

During the past 10 years, the highest Gross Margin % of Ollie's Bargain Outlet Holdings was 40.48%. The lowest was 35.91%. And the median was 39.87%.

OLLI's Gross Margin % is ranked better than
83.33% of 300 companies
in the Retail - Defensive industry
Industry Median: 23.48 vs OLLI: 35.91

Ollie's Bargain Outlet Holdings had a gross margin of 37.56% for the quarter that ended in Jan. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Ollie's Bargain Outlet Holdings was -1.80% per year.

Ollie's Bargain Outlet Holdings Gross Margin % Historical Data

The historical data trend for Ollie's Bargain Outlet Holdings's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ollie's Bargain Outlet Holdings Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Gross Margin %

40.09

39.45

39.99

38.86

35.91

Ollie's Bargain Outlet Holdings Quarterly Data
	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23
Gross Margin %																36.53	34.75	31.74	39.39	37.56

Competitive Comparison

For the Discount Stores subindustry, Ollie's Bargain Outlet Holdings's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Annual Data Quarterly Data

Ollie's Bargain Outlet Holdings Gross Margin % Distribution

For the Retail - Defensive industry and Consumer Defensive sector, Ollie's Bargain Outlet Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Ollie's Bargain Outlet Holdings's Gross Margin % falls in comparison to its industry or sector. The grey bar indicates the Gross Margin %'s extreme value range as defined by GuruFocus.

Ollie's Bargain Outlet Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Ollie's Bargain Outlet Holdings's Gross Margin for the fiscal year that ended in Jan. 2023 is calculated as

Gross Margin % (A: Jan. 2023 )	=	Gross Profit (A: Jan. 2023 )	/	Revenue (A: Jan. 2023 )
	=	656.1	/	1827.009
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1827.009 - 1170.915)	/	1827.009
	=	35.91 %

Ollie's Bargain Outlet Holdings's Gross Margin for the quarter that ended in Jan. 2023 is calculated as

Gross Margin % (Q: Jan. 2023 )	=	Gross Profit (Q: Jan. 2023 )	/	Revenue (Q: Jan. 2023 )
	=	206.5	/	549.789
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(549.789 - 343.306)	/	549.789
	=	37.56 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Ollie's Bargain Outlet Holdings (NAS:OLLI) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Ollie's Bargain Outlet Holdings had a gross margin of 37.56% for the quarter that ended in Jan. 2023 => Competition eroding margins

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Ollie's Bargain Outlet Holdings Gross Margin % Related Terms

Thank you for viewing the detailed overview of Ollie's Bargain Outlet Holdings's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Ollie's Bargain Outlet Holdings (NAS:OLLI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Ollie's Bargain Outlet Holdings Inc (NAS:OLLI) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

OL6:Germany

Address

6295 Allentown Boulevard, Suite 1, Harrisburg, PA, USA, 17112

Website

https://www.ollies.us

Ollie's Bargain Outlet Holdings Inc is a retailer of brand name merchandise at drastically reduced prices. It offers customers a selection of brand name products, including housewares, food, books and stationery, bed and bath, floor coverings, toys, and hardware. It operates stores across the Eastern half of the United States. Its differentiated go-to-market strategy is characterized by a unique, fun and engaging treasure hunt shopping experience, compelling customer value proposition and witty, humorous in-store signage and advertising campaigns. These attributes have driven rapid growth and strong and consistent store performance for the company.

Executives

Abid Rizvi	director	C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Robert F Helm	officer: See Remarks	500 PLAZA DRIVE, THE CHILDREN'S PLACE, SECAUCUS NJ 07094
James J Comitale	officer: SVP, General Counsel	30 HUNTER LANE, CAMP HILL PA 17011
Van Der Valk Eric	officer: EVP, COO	C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Larry Kraus	officer: VP, CIO	C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Scott Osborne	officer: VP, Store Operations	C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Ray Daugherty	officer: SVP, Supply Chain	C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Alissa M Ahlman	director	AT HOME GROUP INC., 1600 EAST PLANO PARKWAY, PLANO TX 75074
Michael L Bangs	10 percent owner	429 SOUTH 18TH STREET, CAMP HILL PA 17011
Stephen W White	director	500 VOLVO PARKWAY, CHESAPEAKE VA 23320
Ccmp Capital Gp, Llc	10 percent owner	1 ROCKEFELLER PLAZA, 16TH FLOOR, NEW YORK NY 10020
Howard Freedman	officer: VP, Merchandising	1262 BROCKIE DRIVE, YORK PA 17403
Mark L Butler	officer: President, CEO	1701 NEWVILLE ROAD, CARLISLE PA 17055
Stanley Fleishman	director
Kevin Mclain	officer: SVP, Merchandising	1405 SUMMIT WAY, MECHNICSBURG PA 17050