Ollie's Bargain Outlet Hldg (OLLI)

Operating profit margin

		Feb 3, 2024	Oct 28, 2023	Jul 29, 2023	Apr 29, 2023	Jan 28, 2023	Oct 29, 2022	Jul 30, 2022	Apr 30, 2022	Jan 29, 2022	Oct 30, 2021	Jul 31, 2021	May 1, 2021	Jan 30, 2021	Oct 31, 2020	Aug 1, 2020	May 2, 2020	Feb 1, 2020	Nov 2, 2019	Aug 3, 2019	May 4, 2019
Operating income (ttm)	US$ in thousands	227,799	197,841	188,304	152,312	130,918	120,674	121,355	150,516	204,592	231,849	259,421	305,741	277,500	257,378	235,326	174,051	171,855	169,185	162,741	166,853
Revenue (ttm)	US$ in thousands	2,102,528	2,003,409	1,941,431	1,879,404	1,826,956	1,778,321	1,743,736	1,707,135	1,752,995	1,767,623	1,798,518	1,911,950	1,808,821	1,715,489	1,628,156	1,432,708	1,408,199	1,379,702	1,336,259	1,290,492
Operating profit margin		10.83%	9.88%	9.70%	8.10%	7.17%	6.79%	6.96%	8.82%	11.67%	13.12%	14.42%	15.99%	15.34%	15.00%	14.45%	12.15%	12.20%	12.26%	12.18%	12.93%

February 3, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $227,799K ÷ $2,102,528K
= 10.83%

The operating profit margin of Ollie's Bargain Outlet Holdings has shown varying trends over the past several quarters. From February 2023 to February 2024, the operating profit margin ranged between 6.79% and 10.83%. Overall, the operating profit margin has generally decreased from a high of 15.99% in January 2021 to a low of 6.79% in October 2022 before showing some recovery.

This downward trend suggests that Ollie's Bargain Outlet Holdings may have faced challenges in maintaining profitability relative to its operating costs during this period. It is important for the company to closely monitor and manage its operating expenses in order to improve its operating profit margin and overall financial performance. Further analysis of the company's cost structure and revenue generation strategies may provide insights into areas for improvement.