Ollie’s Bargain Outlet Acquires Former Big Lots Stores
Ollie's Bargain Outlet Holdings, Inc. (OLLI)
Last ollie's bargain outlet holdings, inc. earnings: 3/19 04:05 pm
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Source: GlobeNewswire
HARRISBURG, Pa., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) today announced that it was the winning bidder in a bankruptcy sale process to acquire seven former Big Lots, Inc. (“Big Lots”) store leases. The seven stores were part of a bankruptcy auction for the first wave of Big Lots store closures, which included 143 stores. Six of the seven stores have already completed the sale hearing process and received final approval from the United States Bankruptcy Court for the District of Delaware. The remaining one store is subject to final bankruptcy court approval and customary closing conditions. John Swygert, Chief Executive Officer of Ollie’s stated, “We are very pleased to be the winning bidder for these store locations in the initial wave of Big Lots store closures. These stores are the right size, located in good trade areas, and have served value-oriented customers for years. In addition, the majority of these stores ar
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News
- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) had its "overweight" rating re-affirmed by analysts at Piper Sandler. They now have a $107.00 price target on the stock.MarketBeat
- Here's Why Ollie's Bargain Outlet (OLLI) is a Strong Growth Stock [Yahoo! Finance]Yahoo! Finance
- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) had its price target raised by analysts at Royal Bank of Canada from $100.00 to $106.00. They now have an "outperform" rating on the stock.MarketBeat
- Ollie's Bargain Outlet acquires former Big Lots stores [Seeking Alpha]Seeking Alpha
- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) had its price target raised by analysts at Bank of America Co. from $102.00 to $115.00. They now have a "buy" rating on the stock.MarketBeat
OLLI
Earnings
- 8/29/24 - In-Line
OLLI
Sec Filings
- 9/25/24 - Form 4
- 9/25/24 - Form 4
- 9/23/24 - Form 144
- OLLI's page on the SEC website