Ollie’s Bargain Outlet Holdings, Inc. Reports Second Quarter Fiscal 2019 Financial Results
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., Aug. 28, 2019 (GLOBE NEWSWIRE) -- Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) today reported financial results for the second quarter ended August 3, 2019 and revised sales and earnings guidance for the full-year fiscal 2019. Second Quarter Summary: Total net sales increased 15.9% to $333.9 million. Comparable store sales decreased 1.7% from a 4.4% increase in the prior year.The Company opened eight stores during the quarter, ending the period with a total of 332 stores in 23 states, an increase in store count of 17.7% year over year.Net income decreased 15.7% to $25.2 million and net income per diluted share decreased 15.6% to $0.38.Adjusted net income(1) decreased 9.9% to $23.5 million and adjusted net income per diluted share(1) decreased 12.5% to $0.35.Adjusted EBITDA decreased 6.8% to $37.5 million. Mark Butler, Chairman, President and Chief Executive Officer, stated, “This was certainly, by Ollie’s standards, a tough quarter. Despite the challen
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- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) was upgraded by analysts at Citigroup Inc. from a "sell" rating to a "buy" rating. They now have a $133.00 price target on the stock, up previously from $64.00.MarketBeat
OLLI
Earnings
- 12/10/24 - Beat
OLLI
Sec Filings
- 12/18/24 - Form 4
- 12/18/24 - Form 4
- 12/16/24 - Form 144
- OLLI's page on the SEC website