NYSE:PEP.O 11 January 2026

June 30, 2026, 2:54 PM EDT. Discount retailers came in ahead of Q1 sales forecasts, beating revenue estimates by 3.3% and raising outlooks by 2.2%. Ollie's Bargain Outlet (NASDAQ:OLLI) brought in $658.9 million, up 14.2% from a year ago, missing Wall Street's revenue call by 0.7%. The company posted healthy EBITDA and gross margins, but the stock sold off 7.7% to $73.14 after the update. Sector stocks are down 6.9% on average since reporting. Ross Stores (NASDAQ:ROST) posted a 20.6% jump in sales to $6.01 billion. Even with online competition and less mall traffic, discounters have picked up sales by leaning on inventory moves and pricing.