OLLI FY 2019 Earnings Report — Ollie's Bargain Outlet Holdings, Inc. Revenue & Financial Results | Market Cap Arena

Ollie's Bargain Outlet Holdings, Inc.OLLI

FY 2019 Earnings

Reported March 25, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2019	Prior Q	FY 2018	QoQ Change	YoY Change
Revenue	$1.4B	—	$1.2B	—	13.4%
Op. Income	$172M	—	$162M	—	6.0%
Gross Margin	39.5%	—	40.1%	—	-0.6pp
Net Margin	10.0%	—	10.9%	—	-0.9pp
EPS (Diluted)	$2.14	—	$2.05	—	4.4%
Free Cash Flow	$28M	—	$52M	—	-45.3%

Revenue Flow

Item	Amount
REVENUE	$1.4B
Cost of Revenue	$853M
GROSS PROFIT	$556M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$356M
Other Expenses	$28M
Operating Expenses	$384M
Cost & Expenses	$1.2B
OPERATING INCOME	$172M
Interest Income	$878.0K
Interest Expense	$0
Other Income/Expenses	$878.0K
INCOME BEFORE TAX	$173M
Income Tax Expense	$32M
Net Income from Continuing Ops	$141M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$141M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$141M
D&A	$18M
EBIT	$185M
EBITDA	$202M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$1.4B
Cost of Revenue	$853M
GROSS PROFIT	$556M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$356M
Other Expenses	$28M
Operating Expenses	$384M
Cost & Expenses	$1.2B
OPERATING INCOME	$172M
Interest Income	$878.0K
Interest Expense	$0
Other Income/Expenses	$878.0K
INCOME BEFORE TAX	$173M
Income Tax Expense	$32M
Net Income from Continuing Ops	$141M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$141M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$141M
D&A	$18M
EBIT	$185M
EBITDA	$202M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$141M
Depreciation & Amortization	$18M
Stock-Based Compensation	$7M
Deferred Income Tax	$4M
Other Non-Cash Items	$222.0K
Change in Working Capital	-$65M
OPERATING CASH FLOW	$105M
Capital Expenditure	-$77M
Acquisitions (Net)	$43M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$43M
NET CASH FROM INVESTING	-$34M
Net Debt Issuance	-$460.0K
Common Stock Repurchased	-$40M
Common Dividends Paid	$0
Other Financing Activities	-$2M
NET CASH FROM FINANCING	-$33M
FREE CASH FLOW	$28M
Net Change in Cash	$38M

Balance Sheet

Item	Amount
Cash & Equivalents	$90M
Short-Term Investments	$0
Net Receivables	$3M
Inventory	$335M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$434M
PP&E (Net)	$485M
Goodwill	$445M
Intangible Assets	$231M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$3M
TOTAL NON-CURRENT ASSETS	$1.2B
TOTAL ASSETS	$1.6B
Account Payables	$63M
Short-Term Debt	$0
Deferred Revenue	$10M
Other Current Liabilities	$27M
TOTAL CURRENT LIABILITIES	$177M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$59M
Other Non-Current Liabilities	$6.0K
TOTAL NON-CURRENT LIABILITIES	$360M
TOTAL LIABILITIES	$537M
Common Stock	$64.0K
Additional Paid-In Capital	$615M
Retained Earnings	$484M
Treasury Stock	-$40M
Accum. Other Comp. Income	$0
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$1.1B
Minority Interest	$0
TOTAL EQUITY	$1.1B
TOTAL LIABILITIES & EQUITY	$1.6B
Total Debt	$354M
Net Debt	$264M