About Us

Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

A Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Social Media

Bluesky • Facebook • Instagram • LinkedIn • YouTube

Meet the Laser Focus World Team

Editorial

Sales

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology
My Watchlist
Indicators
Industrial Laser Index
Markets
Stocks
ETFs
Tools
Markets:
Overview
News
Currencies
International
Treasuries

Ollie’s Bargain Outlet Stock Won’t be a Bargain Much Longer

By: MarketBeat

Ollie's Bargain Outlet logo storefront

Shares of Ollie’s Bargain Outlet (NASDAQ: OLLI) are heading higher following the Q1 release and will likely continue rallying this year because of its market-leading growth. The company is a growing opportunity in off-price retail, outpacing the industry trend. The latest report includes outperformance, increased guidance, and an improved long-term target that suggests the rally may go on for years. 

The stock is not cheap, trading at 25X this year’s guidance, but the valuation is warranted given the growth outlook. Analysts already forecasting significant growth in 2025 are now underestimating the business. The company announced the purchase of eleven new stores in Texas, further cementing its foothold in that market. Industry trends led management to increase the long-term store count target by 25%, lifting the long-term outlook for the stock price.

Among the takeaways from the report are the company’s growing influence. In the words of CEO John Swygert, the company has become meaningful to its vendor partners, improving the deal flow and opportunities, as seen in the margin. 

Ollie’s Bargain Outlet is a Growing and Gaining Share

Ollie’s strong quarter is highlighted by a 3% comp store growth and an 8.4% increase in the store count. The 3% growth aligns with industry trends and is compounded by accelerated store count growth. The company reported $508.8 million in net revenue for a gain of 10.8% compared to last year, outpacing off-price leaders like The TJX Companies (NYSE: TJX) by more than 400 basis points. 

The growth and improved market position led to a significant increase in margin. Gross margin widened 220 basis points on supply chain costs and merchandise margin and was compounded by improved SG&A. SG&A increased by 9.3% to lag the top-line growth as scale provided leverage and aided a 270 basis point improvement in generally accepted accounting principles (GAAP) and a 280 basis point improvement in the adjusted operating margin. The net result is a 50% increase in GAAP and adjusted earnings, with margin strength expected to continue in Q2 and the remainder of the year. 

Guidance is moving the market. The company raised its guidance for the year to above the analysts' consensus and may be cautious. The addition of new stores, improving relevancy in the marketplace, and market share gains set it up to outperform 

Ollie’s is a Cash Flow Machine 

Ollie’s cash flow was negative in the quarter due to investments and financing activities, but that is the worst that can be said for this business. Operations over the last quarter increased the company’s cash position by 23% while keeping it debt-free and unencumbered. The total liabilities are less than 0.35X the assets and 0.5X the equity, leaving it in a nimble condition to continue investing in growth. As it is, the company is self-funding the latest acquisitions, which are expected to close by summer. 

The analysts have yet to issue revisions based on the updated guidance but are unlikely to alter the trend. The revision trend has raised the sentiment to Moderate Buy from Hold since the Q4 2023 report was released, and the price target is up 40% in the last twelve months. The consensus assumes fair value near current levels, but the latest targets are leading the market to the high end of the analysts' range. A move to the high-end target of $104 is worth 20% to investors. 

Ollie’s Bargain Outlet Advances and Confirms a Reversal

Ollie’s Bargain Outlet is up nearly 10% following the release and is likely to increase. The price action confirms support at a critical level and breaks to a new high to align with a market reversal. In this scenario, shares of Ollie’s could advance to $100 within a few weeks and exceed $110 by the end of the year. 

OLLI Ollie's Bargain Outlet stock chart

More News

View More
3 Healthcare Stocks Using AI to Drive Growth
Via MarketBeat
Topics Artificial Intelligence
Tickers BSX HIMS TEM
Get Exposure to Millennials' Purchasing Power With This ETF
Via MarketBeat
Topics ETFs
Tickers AAPL DASH DIS GOOGL META MILN
Why a $4.5 Billion Smart Debt Move Is Fueling Dell’s AI Ambitions
Via MarketBeat
Topics Artificial Intelligence
Tickers DELL
Beam Global Gets Buy Rating With 101% Upside Potential
Via MarketBeat
Topics Intellectual Property
Tickers BEEM
These 3 Crypto Stocks Could Get a Bump as Dollar Trust Weakens
Via MarketBeat
Topics ETFs Economy World Trade
Tickers BITF COIN HOOD
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.