HARRISBURG, Pa. (AP) — HARRISBURG, Pa. (AP) — Ollie's Bargain Outlet Holdings Inc. (OLLI) on Tuesday reported fiscal first-quarter net income of $47.6 million.

The Harrisburg, Pennsylvania-based company said it had net income of 77 cents per share. Earnings, adjusted for pretax gains, came to 75 cents per share.

The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 70 cents per share.

The retailer posted revenue of $576.8 million in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $564.7 million.

Ollie's Bargain Outlet expects full-year earnings in the range of $3.65 to $3.75 per share, with revenue in the range of $2.58 billion to $2.6 billion.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OLLI at https://www.zacks.com/ap/OLLI

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