by Mike Duff | Dec 7, 2023 | Retail Articles
Ollie’s Bargain Outlet Holdings posted earnings and revenues that topped a Wall Street estimate, citing strong closeout deal flow from suppliers and growing demand from value-conscious consumers. Net income advanced to $31.8 million, or 51 cents per diluted share,...
by Mike Duff | Sep 28, 2023 | Retail Articles
Ollie’s Bargain Outlet Holdings has opened its 500th store in Iowa City, IA, the retailer’s first store in the state. Ollie’s also held a topping out ceremony in Princeton, IL, at what will be its first Midwest distribution center when it opens next...
by Mike Duff | Aug 14, 2023 | Retail Articles
This week is National Bargain Hunting Week with Burlington Stores and Ollie’s announcing their own celebrations of the event. For its part, Ollie’s has released the results of a poll to point up the importance of bargain hunting during the week celebrating the...
by Mike Duff | Jun 9, 2023 | Retail Articles
In the first quarter, Ollie’s beat Wall Street sales and earnings estimates, posted solid comp gains and kept adding stores. Net income was $31 million, or 50 cents per diluted share, versus $12.5 million, or 20 cents per diluted share, in the prior-year quarter....
by Mike Duff | Mar 24, 2023 | Retail Articles
Ollie’s Bargain Outlet Holdings finished its latest complete fiscal year with a solid finish, beating Wall Street estimates on sales and earnings. Net income totaled $53.1 million, or 85 cents per diluted share, versus $44.7 million, or 71 cents per diluted share, in...