OLLI Q2 net income rises 39.4% to $85.5M on sales and margin gains
OLLI reported Q2 2026 net sales of $741.3 million, with net income up 39.4% to $85.5 million. Gross margin improved and IEEPA tariff refunds aided results; adjusted EBITDA rose 35.5% and it repurchased 1.65M shares for $137.3M.
Net sales grew 9.1% to $741.3 million in Q2 2026, driven by new stores, while net income surged 39.4% to $85.5 million, aided by IEEPA tariff refunds and improved gross margin.
Adjusted EBITDA rose 35.5%, and 1.65 million shares were repurchased for $137.3 million.Original document: Ollie's Bargain…