Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Ollie's Bargain Outlet (OLLI) , which belongs to the Zacks Consumer Products - Staples industry.This retailer has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 9.68%.For the last reported quarter, Ollie's Bargain Outlet came out with ...

Extreme Value Retailer Fundraising Campaign Benefits 132 Partner Food Banks HARRISBURG, Pa., May 3, 2024 /PRNewswire/ -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ: OLLI), America's largest retailer of brand name closeout merchandise and excess inventory, is proud to announce that it raised more than $791,000 for Feeding America through an in-store fundraising campaign, which ran from March 10th to April 14th. Collected by 513 participating Ollie's stores in 30 states, these donations will benefit 132 Fe ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 Form 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 3, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number: 001-37501 Ollie's Bargain Outlet Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 80-0848819 (Stat ...

Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Q4 2023 Earnings Conference Call March 20, 2024 8:30 AM ET Company Participants John Rouleau - IR John Swygert - President & CEO Eric van der Valk - EVP, COO Rob Helm - SVP, CFO Conference Call Participants Brad Thomas - KeyBanc Capital Markets Kate McShane - Goldman Sachs Peter Keith - Piper Sandler Edward Kelly - Wells Fargo Jeremy Hamblin - Craig-Hallum Capital Group Eric Cohen - Gordon Haskett Matthew Boss - JPMorgan Scot Ciccarelli - Truist Simeon Gut ...

• Total net sales increased 18.0% to $648.9 million. Excluding the impact of the 53rd week, net sales increased 11.9%. Net sales in the 53rd week were $34.0 million and contributed approximately $0.04 to diluted earnings per share. • Comparable store sales increased 3.9% from the prior year increase of 3.0%. • The Company opened 7 new stores, ending the quarter with 512 stores in 30 states, a year-over-year increase in store count of 9.4%. • Operating income increased 44.3% to $97.7 million and operating ma ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 28, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Ollie's Bargain Outlet Holdings, Inc. Delaware (State or other jurisdiction of incorporation) 6295 Allentown Boulevard Suite 1 Harrisburg, Pennsylvania 17112 (Address of principal executive offices) ( ...

Financial Data and Key Metrics Changes - Comparable store sales increased by 7% in Q3, net sales rose by 14.8% to $480 million, and adjusted EBITDA increased by 29.5% to $51 million [39][60] - Adjusted net income grew by 37.4% to $32 million, with adjusted earnings per share at $0.51 compared to $0.37 last year [62] - Gross margin improved by 100 basis points to 40.4%, primarily due to favorable supply chain costs [61] Business Line Data and Key Metrics Changes - Over 60% of product categories comped positively, with top performers including candy, sporting goods, housewares, food, and toys [40][54] - The company opened a record 23 new stores in the quarter, bringing the total to 505 stores across 30 states [47][54] Market Data and Key Metrics Changes - The company noted strong deal flow and consumer demand for branded merchandise at reduced prices, indicating a favorable market environment for closeout opportunities [41][42] - Membership in Ollie's Army increased by almost 5% year-over-year, accounting for over 80% of sales in the quarter [44][53] Company Strategy and Development Direction - The company aims for double-digit sales growth, a 40% gross margin, and double-digit EBITDA growth in the long term [45] - Continued investment in supply chain improvements and store growth is a key focus, with plans to open additional distribution centers [52] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the current business trends and raised sales and earnings guidance for the full year based on strong Q3 results [39][64] - There is some uncertainty in the marketplace regarding consumer demand, but management believes their value proposition is resonating well with customers [9][60] Other Important Information - SG&A expenses as a percentage of net sales leveraged 40 basis points to 29.5%, driven by the leverage of fixed expenses [54] - The company plans to open seven new stores in Q4, with a comp sales expectation of approximately 3% [65] Q&A Session Summary Question: Promotional cadence in Q3 and its impact - Management confirmed that the ad shift and promotional strategies met expectations, with an anticipated 100 basis points impact into Q4 [4][5] Question: Same-store sales expectations for 2024 - Management maintained a long-term guidance of 1% to 2% comp sales growth, despite challenging comparisons from previous years [14][16] Question: Improvements made to capitalize on the value-seeking environment - Management highlighted ongoing investments in supply chain and store operations to enhance productivity and execution [30][31] Question: Marketing efforts and younger customer demographics - The company has significantly increased its digital marketing spend, focusing on social media and influencer partnerships to attract younger customers [83] Question: Labor market outlook for 2024 - Management noted improved stability in turnover rates and anticipated mid-single-digit wage increases for the upcoming year [107][108] Question: Deal flow and vendor relationships - Management indicated that they continue to be selective with vendor deals, maintaining a strong deal flow across various categories [100][102]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 29, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Ollie's Bargain Outlet Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation) 001-37501 80-0848819 (Commission File Number) (IRS Emp ...

Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Q2 2023 Earnings Conference Call August 31, 2023 8:30 AM ET Company Participants John Swygert - President and Chief Executive Officer Eric van der Valk - Executive Vice President and Chief Operating Officer Rob Helm - Senior Vice President and Chief Financial Officer Conference Call Participants Brad Thomas - KeyBanc Peter Keith - Piper Sandler Edward Kelly - Wells Fargo Randy Konik - Jefferies Jason Haas - Bank of America Eric Cohen - Gordon Haskett Jerem ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 29, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Ollie's Bargain Outlet Holdings, Inc. (Exact name of registrant as specified in its charter) | Title of Each Class | Trading Symbol | Name of each exchange on which registered | | --- | --- | --- | | Co ...