Welcome to our dedicated page for Ollie's Bargain Outlet Holdings news (Ticker: OLLI), a resource for investors and traders seeking the latest updates and insights on Ollie's Bargain Outlet Holdings stock.
Ollie’s Bargain Outlet Holdings, Inc. reports recurring developments from an off-price retail model built around closeout merchandise and excess inventory. The company sells brand-name household products under the Good Stuff Cheap® value proposition, with assortments that include housewares, bed and bath, food, floor coverings, health and beauty aids, books, stationery, toys and electronics.
Company news commonly covers quarterly and annual results, comparable-store sales, new-store openings, margin and expense trends, fiscal outlook updates and the growth of the Ollie’s Army loyalty program. Other updates address opportunistic merchandise sourcing, customer value messaging and community campaigns tied to store operations.
Ollie’s Bargain Outlet Holdings (Nasdaq: OLLI) will release its Q1 fiscal 2020 financial results on May 28, 2020, after market closure. A conference call with management will follow at 4:30 p.m. ET to discuss the results. Interested participants can join by dialing (800) 219-7052 or (574) 990-1029 with conference ID #1774429. The call will also be available via live webcast on the company’s Investor Relations webpage. Ollie’s operates 362 stores across 25 states, offering an assortment of brand-name merchandise at discounted prices.
Ollie's Bargain Outlet (NASDAQ: OLLI) announced the appointment of Alissa Ahlman to its Board of Directors, increasing the number of board members to seven. Ahlman, with over 20 years of experience in value retail merchandising, previously held leadership roles at At Home Group, including Chief Merchandising Officer. Her appointment is effective immediately, and she will also serve on the Nominating and Corporate Governance Committee. The company's CEO, John Swygert, expressed optimism, noting Ahlman's expertise will aid Ollie's growth strategies in becoming a leading closeout retailer.