Ollie's Bargain Outlet Hldg (OLLI)

Gross profit margin

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Feb 3, 2024	Jan 31, 2024	Oct 31, 2023	Oct 28, 2023	Jul 31, 2023	Jul 29, 2023	Apr 30, 2023	Apr 29, 2023	Jan 31, 2023	Jan 28, 2023	Oct 31, 2022	Oct 29, 2022	Jul 31, 2022	Jul 30, 2022	Apr 30, 2022	Jan 31, 2022
Gross profit (ttm)	US$ in thousands	906,736	898,131	939,055	914,135	906,604	840,289	781,590	766,050	750,510	760,309	770,108	756,213	742,318	679,445	616,572	593,221	611,586	651,017	659,967	671,202
Revenue (ttm)	US$ in thousands	2,271,705	2,253,510	2,385,031	2,286,706	2,257,938	2,123,558	1,989,118	1,968,222	1,947,252	1,982,532	2,017,793	1,976,711	1,935,703	1,838,396	1,741,108	1,729,702	1,812,765	1,861,418	1,792,423	1,769,244
Gross profit margin		39.91%	39.85%	39.37%	39.98%	40.15%	39.57%	39.29%	38.92%	38.54%	38.35%	38.17%	38.26%	38.35%	36.96%	35.41%	34.30%	33.74%	34.97%	36.82%	37.94%

January 31, 2025 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $906,736K ÷ $2,271,705K
= 39.91%

The gross profit margin of Ollie's Bargain Outlet Hldg has shown some fluctuations over the given time period. Starting at 37.94% as of January 31, 2022, the margin decreased to 33.74% by July 31, 2022, before gradually improving and reaching a peak of 40.15% by February 3, 2024. From that point on, the margin slightly decreased to 39.91% as of January 31, 2025.

Overall, the trend of the gross profit margin has been relatively positive, with some minor fluctuations along the way. This indicates that the company has been able to control its cost of goods sold and improve its profitability over time. It is essential for Ollie's Bargain Outlet Hldg to continue monitoring and managing its gross profit margin to ensure sustained profitability and competitiveness in the market.