OLLI Stock Recent News

~ Q4 Comparable Store Sales increased 2.8% ~ ~ Q4 Earnings per Share and Adjusted Earnings per Share were $1.11 and $1.19 ~ ~ Targeting 75 New Store Openings for Fiscal 2025 ~ HARRISBURG, Pa., March 19, 2025 (GLOBE NEWSWIRE) -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) today reported financial results for the fourth quarter and full-year fiscal 2024.

Ollie's Bargain Outlet Holdings, Inc. OLLI will release its fourth-quarter financial results, before the opening bell, on Wednesday, March 19.

Ollie's Bargain's low-cost model, strong store productivity and growing Ollie's Army loyalty base are likely to have fueled sales in the fourth quarter.

Beyond analysts' top -and-bottom-line estimates for Ollie's Bargain Outlet (OLLI), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended January 2025.

HARRISBURG, Pa., March 05, 2025 (GLOBE NEWSWIRE) -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) today announced it will release its fourth quarter and full-year fiscal 2024 financial results before the market opens on Wednesday, March 19, 2025. At 8:30 a.m. Eastern Time on the same day, Eric van der Valk, President and Chief Executive Officer, and Robert Helm, Executive Vice President and Chief Financial Officer, will host the call with the investment community to discuss the financial results and answer questions.

Ollie's acquisition of 40 former Big Lots stores strengthens its growth strategy, expanding presence in the competitive discount retail market.

HARRISBURG, Pa., Feb. 27, 2025 (GLOBE NEWSWIRE) -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) today announced the acquisition of 40 former Big Lots store leases from Gordon Brothers. The acquisition of the additional store leases is subject to final bankruptcy court approval and customary closing conditions. Including the 40 additional Big Lots locations, the Company has acquired a total of 63 former Big Lots store leases to date.

Cautious Consumer Spending: U.S. consumers are tightening their belts in 2025 due to inflation fears and new tariffs, impacting retail stocks and potentially leading to over 15,000 store closures. Ollie's Bargain Outlet is well-positioned to benefit from the retail turbulence by acquiring closeout items cheaply and expanding its store footprint. Expansion and Loyalty: Ollie's plans to open 56 new stores in 2025, leveraging its new distribution center and growing its loyal customer base, including younger shoppers.

The 2024 holiday shopping season was a robust one. However, January has been nicknamed 'Returnuary' after the age-old tradition of returning products to retailers every year.

HARRISBURG, Pa., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) today announced the appointment of Eric van der Valk to President & Chief Executive Officer, effective February 2, 2025. In connection with his appointment to CEO, Eric van der Valk has also been added to the Company's Board of Directors, thereby increasing the total number of directors to ten from nine. In conjunction with this, John Swygert has been appointed to Executive Chairman of the Board. These transitions complete the Company's Leadership Succession Plan, which was previously announced in June 2024.