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Ollies Bargain Outlet Holdings Inc - OLLI STOCK NEWS

Welcome to our dedicated news page for Ollies Bargain Outlet Holdings (Ticker: OLLI), a resource for investors and traders seeking the latest updates and insights on Ollies Bargain Outlet Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Ollies Bargain Outlet Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Ollies Bargain Outlet Holdings's position in the market.

News
Ollie’s Bargain Outlet Holdings, Inc. Reports Fourth Quarter and Fiscal 2023 Financial Results
Rhea-AI Summary
Ollie's Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) reported strong financial results for Q4 and full-year fiscal 2023, with a significant increase in net sales, earnings per share, and store count. The company raised its long-term store target to 1,300 from 1,050, reflecting positive growth prospects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.25%
Tags
earnings
-
News
Ollie’s Bargain Outlet Holdings, Inc. Announces Fourth Quarter and Full-Year Fiscal 2023 Release Date and Conference Call Information
Rhea-AI Summary
Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) will announce its Q4 and full-year fiscal 2023 financial results on March 20, 2024. A conference call will follow at 8:30 a.m. ET for result discussions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.64%
Tags
earnings
-
News
Ollie’s Bargain Outlet Holdings, Inc. Reports Third Quarter Fiscal 2023 Financial Results
Rhea-AI Summary
Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) reported a 14.8% increase in net sales, 7.0% increase in comparable store sales, and 37.8% increase in earnings per share for the third quarter ended October 28, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.14%
Tags
earnings
News
Ollie’s Bargain Outlet Holdings, Inc. Expands Board of Directors with the Appointment of Mary Baglivo
Rhea-AI Summary
Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) announced the appointment of Mary Baglivo as a member of its Board of Directors and as a member of the Nominating and Corporate Governance Committee. Ms. Baglivo is an experienced Chief Executive and Chief Marketing Officer, with deep expertise in brand strategy, marketing, advertising, strategic communications, and general business operations. Her appointment expands the number of board members to nine from eight, effective as of November 30, 2023. She will stand for election to the Board of Directors at the Company’s 2024 annual meeting of stockholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.05%
Tags
management
-
News
Ollie’s Bargain Outlet Holdings, Inc. Announces Third Quarter Fiscal 2023 Release Date and Conference Call Information
Rhea-AI Summary
Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) will release its Q3 fiscal year 2023 financial results on December 6, 2023. The management team will host a conference call at 8:30 a.m. Eastern Time to discuss the results. Interested parties can access the live conference call and webcast through the Investor Relations section on the Company’s website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.45%
Tags
earnings
-
News
OLLIE'S OPENS FIRST IOWA STORE AND RAISES MONEY FOR UNIVERSITY OF IOWA STEAD FAMILY CHILDREN'S HOSPITAL
Rhea-AI Summary
Ollie's Bargain Outlet celebrates opening its 500th store in Iowa City, Iowa, marking a major milestone. The company donates $10,000 to Children's Miracle Network and the University of Iowa Stead Family Children's Hospital. Ollie's has raised over $4 million for CMN since 2007. The discount retailer offers up to 70% off brand name merchandise and plans to open 50-55 locations annually until it reaches 1,050 stores.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.73%
Tags
none
News
OLLIE'S CELEBRATES 500th STORE OPENING AND CONSTRUCTION MILESTONE OF ITS NEW ILLINOIS DISTRIBUTION CENTER
Rhea-AI Summary
Ollie's Bargain Outlet celebrates opening its 500th store in Iowa and the 'Topping Out' ceremony of its Midwest distribution center in Illinois. The distribution center will service 150-175 stores and create over 200 new full-time jobs. Ollie's plans to open over 1,050 stores nationwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.73%
Tags
none
-
News
OLLIE'S CELEBRATES CONSTRUCTION MILESTONE AT NEW PRINCETON DISTRIBUTION CENTER
Rhea-AI Summary
Ollie's Bargain Outlet Holdings celebrates construction milestone for new distribution center in Princeton, Illinois. The facility represents a capital investment of over $75 million and will create over 200 new full-time jobs. The center will service all nine Ollie's stores in Illinois and over 150 stores across the Midwest. Ollie's received an Economic Development tax credit.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.23%
Tags
none
-
News
Ollie’s Bargain Outlet Holdings, Inc. Announces Participation in the Piper Sandler Growth Frontiers Conference
Rhea-AI Summary
Ollie’s Bargain Outlet Holdings, Inc. to participate in fireside chat at Piper Sandler Growth Frontiers Conference on September 12, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.89%
Tags
none
News
Ollie’s Bargain Outlet Holdings, Inc. Reports Second Quarter Fiscal 2023 Financial Results
Rhea-AI Summary
Ollie’s Bargain Outlet Holdings, Inc. reports strong Q2 results with net sales up 13.7% and comparable store sales up 7.9%. Earnings per share increased 209.1% to $0.68. The company is raising its full-year guidance and expects double-digit sales growth and double-digit EBITDA growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.94%
Tags
earnings
Stock OLLI logo
Ollies Bargain Outlet Holdings Inc

Nasdaq:OLLI

OLLI Rankings

#1269 Ranked by Market Cap
#583 Ranked by Stock Gains
N/A Ranked by Dividends

OLLI Stock Data

4.39B
61.07M
0.38%
104.53%
5.23%
All Other General Merchandise Stores
Retail Trade
Link
US
Harrisburg

About OLLI

harrisburg, pa-based ollie’s bargain outlet is one of america’s largest retailers of closeouts, excess inventory and salvage merchandise. ollie’s buyers scour the world looking for bargains; so you’ll find lots of famous brand name goods in our nearly 200 "semi-lovely" stores. not only do we value our customers but we value our associates too. we realize people are the keys to our success. we are people focused and prove that by our 75% target internal rate of promotion. we invest in our associates for the growth of their future and ours. ollie’s does this through our oli (ollie’s leadership institute) program to verify we are training and developing all associates enrolled. ollie’s seeks and encourages an entrepreneurial spirit. having a non-planogram environment, we allow creativity throughout our stores. the first ollie’s bargain outlet store was created in mechanicsburg, pa in 1982. since then we have grown into the largest deep discount retailer in the mid-atlantic region. we