Welcome to our dedicated page for Ollies Bargain news (Ticker: OLLI), a resource for investors and traders seeking the latest updates and insights on Ollies Bargain stock.
Ollie’s Bargain Outlet (OLLI) operates a unique treasure hunt retail model, offering brand-name closeout merchandise at significant discounts across the Eastern U.S. This page serves as the definitive source for verified company news, providing investors and industry observers with timely updates directly from official channels.
Access real-time press releases, financial disclosures, and strategic announcements covering earnings results, store expansions, leadership updates, and supply chain developments. Our curated collection ensures you stay informed about OLLI’s market positioning in the competitive discount retail sector without promotional bias.
Key content includes acquisition announcements, operational milestones, and analyses of consumer trends impacting the closeout merchandise industry. Bookmark this page for efficient tracking of OLLI’s growth initiatives and financial health indicators, all presented in compliance with financial reporting standards.
Ollie's Bargain Outlet (NASDAQ: OLLI) announced its successful bid to acquire eleven former 99 Cents Only Stores locations for $14.6 million in cash through a bankruptcy auction approved by the United States Bankruptcy Court for the District of Delaware. The acquisition includes three owned properties and eight leased properties with favorable terms, all located in key Texas markets. The transaction is expected to close in early June. The company aims to quickly operationalize the new stores, maintaining their target of 50 new store openings for fiscal 2024, minus two planned closures.
Ollie's Bargain Outlet Holdings, known by its stock symbol OLLI, has announced that it will release its first quarter fiscal 2024 financial results on June 5, 2024, before the market opens. Following the release, the company's management will hold a conference call at 8:30 a.m. Eastern Time to discuss the results. Interested individuals can access the live call by pre-registering online, where they will receive dial-in instructions. A live webcast and replay of the conference call will also be available on the company's Investor Relations website.
Ollie's Bargain Outlet Holdings, Inc. raised over $791,000 for Feeding America through an in-store fundraising campaign, benefiting 132 partner food banks in 30 states. The campaign ran from March 10th to April 14th, with donations collected by 513 Ollie's stores. The company's CEO highlighted the importance of the partnership with Feeding America in addressing food insecurity across the country.
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