by Mike Duff | Jun 12, 2024 | Retail Articles
The first quarter produced solid results at Ollie’s Bargain Outlet Holdings, which advanced comparable sales and earnings while adding new stores. Net income was $46.3 million, or 75 cents per diluted share, versus $31 million, or 50 cents per diluted share, in the...
by Mike Duff | May 13, 2024 | Retail Articles
Court filings with the United States Bankruptcy Court for the District of Delaware indicate 99 Cents Only debtors have settled on a stalking-horse arrangement with Ollie’s Bargain Outlet, Inc. and OBO Ventures for certain assets of the defunct dollar store operation....
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...
