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Ollie's Bargain Outlet Holdings (STU:OL6) Gross Profit : €798 Mil (TTM As of Apr. 2024)


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What is Ollie's Bargain Outlet Holdings Gross Profit?

Ollie's Bargain Outlet Holdings's gross profit for the three months ended in Apr. 2024 was €195 Mil. Ollie's Bargain Outlet Holdings's gross profit for the trailing twelve months (TTM) ended in Apr. 2024 was €798 Mil.

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 Apr. 2024 was €195 Mil. Ollie's Bargain Outlet Holdings's Revenue for the three months ended in Apr. 2024 was €474 Mil. Therefore, Ollie's Bargain Outlet Holdings's Gross Margin % for the quarter that ended in Apr. 2024 was 41.15%.

Ollie's Bargain Outlet Holdings had a gross margin of 41.15% for the quarter that ended in Apr. 2024 => Durable competitive advantage

During the past 11 years, the highest Gross Margin % of Ollie's Bargain Outlet Holdings was 40.48%. The lowest was 35.91%. And the median was 39.74%.

Warning Sign:

Ollie's Bargain Outlet Holdings Inc gross margin has been in long-term decline. The average rate of decline per year is -1.1%.


Ollie's Bargain Outlet Holdings Gross Profit Historical Data

The historical data trend for Ollie's Bargain Outlet Holdings's Gross Profit 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 Gross Profit Chart

Ollie's Bargain Outlet Holdings Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 500.59 593.88 602.22 608.86 764.11

Ollie's Bargain Outlet Holdings Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 162.86 177.80 183.82 241.43 195.12

Competitive Comparison of Ollie's Bargain Outlet Holdings's Gross Profit

For the Discount Stores subindustry, Ollie's Bargain Outlet Holdings's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Ollie's Bargain Outlet Holdings's Gross Profit Distribution in the Retail - Defensive Industry

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

* The bar in red indicates where Ollie's Bargain Outlet Holdings's Gross Profit falls into.



Ollie's Bargain Outlet Holdings Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Ollie's Bargain Outlet Holdings's Gross Profit for the fiscal year that ended in Jan. 2024 is calculated as

Gross Profit (A: Jan. 2024 )=Revenue - Cost of Goods Sold
=1930.244 - 1166.133
=764

Ollie's Bargain Outlet Holdings's Gross Profit for the quarter that ended in Apr. 2024 is calculated as

Gross Profit (Q: Apr. 2024 )=Revenue - Cost of Goods Sold
=474.218 - 279.096
=195

Gross Profit for the trailing twelve months (TTM) ended in Apr. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €798 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Ollie's Bargain Outlet Holdings's Gross Margin % for the quarter that ended in Apr. 2024 is calculated as

Gross Margin % (Q: Apr. 2024 )=Gross Profit (Q: Apr. 2024 ) / Revenue (Q: Apr. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=195 / 474.218
=41.15 %

* 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.

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  (STU:OL6) Gross Profit 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 41.15% for the quarter that ended in Apr. 2024 => Durable competitive advantage


Ollie's Bargain Outlet Holdings Gross Profit Related Terms

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Ollie's Bargain Outlet Holdings (STU:OL6) Business Description

Traded in Other Exchanges
Address
6295 Allentown Boulevard, Suite 1, Harrisburg, PA, USA, 17112
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.

Ollie's Bargain Outlet Holdings (STU:OL6) Headlines

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