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Ollie's Bargain Outlet Holdings (Ollie's Bargain Outlet Holdings) Gross Margin % : 40.53% (As of Jan. 2024)


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What is Ollie's Bargain Outlet Holdings Gross Margin %?

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. 2024 was $263 Mil. Ollie's Bargain Outlet Holdings's Revenue for the three months ended in Jan. 2024 was $649 Mil. Therefore, Ollie's Bargain Outlet Holdings's Gross Margin % for the quarter that ended in Jan. 2024 was 40.53%.

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%.


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: 39.74   Max: 40.48
Current: 39.59


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%.

OLLI's Gross Margin % is ranked better than
86.13% of 310 companies
in the Retail - Defensive industry
Industry Median: 22.835 vs OLLI: 39.59

Ollie's Bargain Outlet Holdings had a gross margin of 40.53% for the quarter that ended in Jan. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Ollie's Bargain Outlet Holdings was -1.10% 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 Gross Margin % Chart

Ollie's Bargain Outlet Holdings Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.45 39.99 38.86 35.91 39.59

Ollie's Bargain Outlet Holdings Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Gross Margin % 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 37.56 38.89 38.23 40.44 40.53

Competitive Comparison of Ollie's Bargain Outlet Holdings's Gross Margin %

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.


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

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 into.



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. 2024 is calculated as

Gross Margin % (A: Jan. 2024 )=Gross Profit (A: Jan. 2024 ) / Revenue (A: Jan. 2024 )
=832.4 / 2102.662
=(Revenue - Cost of Goods Sold) / Revenue
=(2102.662 - 1270.297) / 2102.662
=39.59 %

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


Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=263 / 648.949
=(Revenue - Cost of Goods Sold) / Revenue
=(648.949 - 385.95) / 648.949
=40.53 %

* 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  (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 40.53% for the quarter that ended in Jan. 2024 => Durable competitive advantage


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 (Ollie's Bargain Outlet Holdings) 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.
Executives
John W Swygert officer: EVP, CFO OLLIE'S BARGAIN OUTLET, INC., 6295 ALLENTOWN BLVD., SUITE 1, HARRISBURG PA 17112
Robert F Helm officer: SVP/CFO 500 PLAZA DRIVE, THE CHILDREN'S PLACE, SECAUCUS NJ 07094
Larry Kraus officer: VP, CIO C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Stanley Fleishman director
Thomas Hendrickson director 16234 SANDSTONE DRIVE, MORRISON CO 80465
Abid Rizvi director C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Van Der Valk Eric officer: EVP, COO C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
James J Comitale officer: SVP, General Counsel 30 HUNTER LANE, CAMP HILL PA 17011
Alissa M Ahlman director AT HOME GROUP INC., 1600 EAST PLANO PARKWAY, PLANO TX 75074
Richard F Zannino director C/O IAC/INTERACTIVECORP, 555 WEST 18TH STREET, NEW YORK NY 10011
Kenneth Robert Bertram officer: VP, General Counsel 3404 CHOCO CHASE, MECHNICSBURG NY 17055
Ray Daugherty officer: SVP, Supply Chain C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Kevin Mclain officer: SVP, Merchandising 1405 SUMMIT WAY, MECHNICSBURG PA 17050
Scott Osborne officer: VP, Store Operations C/O OLLIE'S BARGAIN OUTLET HOLDINGS, INC, 6295 ALLENTOWN BOULEVARD, SUITE 1, HARRISBURG PA 17112
Omar Segura officer: Sr. VP of Store Operations 576 BLUE MOUNTAIN PARKWAY, HARRISBURG PA 17112

Ollie's Bargain Outlet Holdings (Ollie's Bargain Outlet Holdings) Headlines