Ollie’s Bargain Outlet Holdings Inc. OLLI -2.10% is up 3% on Wednesday in premarket trading after the retailer raised its outlook for fiscal 2024 adjusted profit from $2.56 a piece to $2.65 a piece, compared with the Wall Street analyst estimate of $2.56 apiece, according to FactSet. Ollie’s stated that “our deal flow is robust and we feel we are well-positioned in this environment, as consumers are looking for more value.” Analysts had predicted that the company would earn 49 cents per share in its first quarter. However, it beat their projections by one penny. The company’s revenue for the first quarter of $459.15 millions beat analyst estimates of $451.4million.