by Mike Duff | Dec 13, 2024 | Retail Articles
Ollie’s recorded a third-quarter earnings gain that topped Wall Street estimates, but the company missed on revenue as comparable sales declined. Ollie’s also confirmed a planned chief executive officer transition from John Swygert to Eric van der Valk is on...
by Mike Duff | Aug 16, 2024 | Retail Articles
In research recently commissioned by Ollie’s and conducted by Talker Research, 22% of consumers said they could maintain the good feeling a bargain provides for at least four hours. For a lucky 10%, the joy of finding a bargain lasts all day, according to Ollie’s....
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 | 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...
