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,...
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...
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...
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....
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...