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OLLIE'S CELEBRATES GRAND OPENING OF PRINCETON, IL DISTRIBUTION CENTER
Prnewswire· 2024-08-21 19:00
New Distribution Center to Support Growth and Create Jobs in the Midwest HARRISBURG, Pa., Aug. 21, 2024 /PRNewswire/ -- Ollie's Bargain Outlet Holdings, Inc. (Nasdaq: OLLI) proudly announces the grand opening and ribbon-cutting ceremony of its newest distribution center located in Princeton, Illinois. The new facility is the Company's fourth distribution center and will play a critical role in the company's growth in the Midwest region and national expansion westward. Ollie's New Distribution Center in Prin ...
What Makes Ollie's Bargain Outlet (OLLI) a New Buy Stock
ZACKS· 2024-08-20 17:00
Ollie's Bargain Outlet (OLLI) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Since a c ...
Are Consumer Staples Stocks Lagging Ollie's Bargain Outlet (OLLI) This Year?
ZACKS· 2024-08-20 14:41
The Consumer Staples group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Ollie's Bargain Outlet (OLLI) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out. Ollie's Bargain Outlet is a member of our Consumer Staples group, which includes 184 different companies and currently sit ...
Ollie's Bargain Outlet Holdings, Inc. Announces Second Quarter Fiscal 2024 Release Date and Conference Call Information
GlobeNewswire News Room· 2024-08-15 11:30
HARRISBURG, Pa., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the "Company") announced today that it will release its financial results for the second quarter of fiscal year 2024 on Thursday, August 29, 2024, before the market opens. Following the release, at 8:30 a.m. Eastern Time, the Company's management team will host a conference call to discuss its results. To access the live conference call, please pre-register here. Registrants will receive a confirmation w ...
Why Ollie's Bargain Outlet (OLLI) is Poised to Beat Earnings Estimates Again
ZACKS· 2024-08-02 17:11
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 9.17%. For the last reported quarter, Ollie's Bargain Outlet came out wi ...
Ollie's Partners with Sunbit to Offer a New Co-Branded Visa Credit Card
Newsfilter· 2024-07-23 11:30
"We are excited to launch our first-ever credit card to our customers. Our card makes it easier for customers to shop with us, earn even more rewards, and receive exclusive benefits," said Eric van der Valk, President of Ollie's. "This program builds on our industry leading Ollie's Army loyalty program, offering greater flexibility to our customers and enhancing loyalty with our members." $10 statement credit for signing up for the card. Automatic enrollment into Ollie's Army Loyalty program for non-members ...
This Top Consumer Staples Stock is a #1 (Strong Buy): Why It Should Be on Your Radar
ZACKS· 2024-07-17 14:01
How do you find the right combination of stocks that will generate returns that could fund your retirement, or your kids' college tuition, or your short- and long-term savings goals? There are four main factors behind the Zacks Rank: Agreement, Magnitude, Upside, and Surprise. Building a successful investment portfolio takes skill and hard work, no matter if you're a growth, value, income, or momentum-focused investor. What is the Zacks Rank? Magnitude is the size of the recent change in the consensus estim ...
Ollie's Bargain (OLLI) Up 37% in 3 Months: Too Late to Buy?
ZACKS· 2024-07-09 15:36
The Zacks Consensus Estimate for Sprouts Farmers' current financial-year sales and earnings implies growth of around 8% and 9.9%, respectively, from the year-ago reported numbers. Vital Farms offers a range of produced pasture-raised foods. It currently sports a Zacks Rank #1 (Strong Buy). VITL has a trailing four-quarter average earnings surprise of 102.1%. You can see the complete list of today's Zacks #1 Rank stocks here. Sprouts Farmers, the renowned grocery retailer, currently sports a Zacks Rank #2. S ...
Options Alert: Highly Asymmetric Trade Setup in OLLI
ZACKS· 2024-06-26 19:30
If you have followed my research for any amount of time, you know I am very favorable toward stocks with strong momentum. It is an extremely well-researched market anomaly that can provide superior returns in a strong stock market like the one we are in today. Combine that with the Zacks Rank and you really have something special. One stock that recently jumped onto my radar due to powerful one-month momentum measures is Ollie's Bargain Outlet ((OLLI). The stock has numerous growth catalysts, a fantastic bu ...
Here's Why It Is Prudent to Invest in Ollie's Bargain (OLLI)
ZACKS· 2024-06-18 15:26
Ollie's Bargain Outlet Holdings, Inc. (OLLI) has demonstrated remarkable resilience and growth potential in a challenging market environment. Based in Harrisburg, PA, Ollie's has defied industry trends by achieving a significant stock rally of 35.3% over the past six months, while the broader industry experienced a 1.6% decline. This performance highlights Ollie's ability to navigate through economic uncertainties and emerge stronger, showcasing its strategic and operational efficiency. Ollie's success lies ...