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Stock impact report

Is Ollie's Bargain Outlet Stock a Buy? [The Motley Fool]

Ollie's Bargain Outlet Holdings, Inc. (OLLI) 
Last ollie's bargain outlet holdings, inc. earnings: 3/19 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.ollies.us
Company Research Source: The Motley Fool
Is Ollie's Bargain Outlet Stock a Buy? Shares of Ollie's Bargain Outlet ( NASDAQ:OLLI second-quarter earnings Taking a step back from the recent quarter, let's see if Ollie's is a buy at this point and find out if the recent quarter results were a short-lived event or a harbinger of long-term problems -- potentially breaking the growth narrative. Image source: Getty Images. A rocky quarter Management stated that the latest quarter's weakness was due to a combination of factors, including cannibalization of Ollie's stores by its Toys R Us store conversions; a difficult year-ago comparison for same-store sales; and a higher number of recent store openings put a strain on the supply chain and inventory levels (Ollie opened 9 stores in the first half the year, more than double what it opened in the first half of 08). The fact that management is blaming new store openings for the weakened comp growth is concerning, as stores that have been open for one year wouldn't typically be seeing a p Show less Read more
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