Ollie’s Bargain Outlet Holdings, Inc. Reports Third Quarter Fiscal 2024 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
~ Net Sales increased 7.8% ~ ~ Earnings per Share increased 13.7% to $0.58 ~ ~ Opened Record 24 new stores this quarter ~ HARRISBURG, Pa., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) today reported financial results for the third quarter ended November 2, 2024. Third Quarter Summary: Total net sales increased 7.8% to $517.4 million.Comparable store sales decreased 0.5% from the prior year increase of 7.0%.The Company opened 24 new stores and closed three stores, including two permanent closures and one temporary closure related to Hurricane Helene, ending the quarter with 546 stores in 31 states, a year-over-year increase in store count of 8.1%.Operating income increased 14.0% to $44.5 million and operating margin increased 50 basis points to 8.6%.Net income increased 12.8% to $35.9 million, or $0.58 per diluted share.Adjusted net income(1) increased 13.1% to $35.7 million, or $0.58 per diluted share.Adjusted EBITDA(1)
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OLLI
News
- Discount retailer coming to Newington in 2025 as company eyes more CT locations [Yahoo! Finance]Yahoo! Finance
- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Implied Volatility Surging for Ollie's Bargain (OLLI) Stock Options [Yahoo! Finance]Yahoo! Finance
- Stocks making the biggest moves midday: Nvidia, Ollie's Bargain Outlet, Birkenstock, Disney and more [CNBC]CNBC
- 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