OLLI

Ollie's Bargain Outlet authorized an additional $500M share buyback program, bringing total capacity to $561M, supported by strong operating cash flow of $153.6M in H1 and $507.1M in cash reserves. The company has deployed $679M on buybacks since 2019 while funding growth initiatives. Walmart and BJ's Wholesale also continue aggressive shareholder return programs, demonstrating confidence across the retail sector.

Ollie's Bargain Outlet (OLLI) is highlighted as a momentum stock worth watching, with a #3 Hold rating and A-rated VGM Score. The stock has gained 19% over the past four weeks, with six analysts revising earnings estimates upward in the last 60 days. The consensus estimate increased to $4.61 per share, and the company boasts an average earnings surprise of +8.9%.

Zacks Premium offers investment research tools including the Zacks Rank and Style Scores to help investors identify stocks with strong performance potential. The service features daily updates, equity research reports, and stock screens. Ollie's Bargain Outlet (OLLI) is highlighted as a stock to watch with a #3 Hold rank and B VGM Score, showing strong growth prospects with forecasted 19.4% year-over-year earnings growth.