A drainable ostomy pouch (10) includes a collection pouch (12) having a collection cavity (20), a retractable outlet (14) movable between a first position retracted substantially into the collection cavity and a second position extending outwardly from the collection cavity, a discharge opening (30) formed at a distal end of the retractable outlet and a closure (22) configured to selectively allow or prevent discharge of a waste material from the collection cavity or the retractable outlet.