US6811161099 - Common Stock
OLLIE'S BARGAIN OUTLET HOLDI
NASDAQ:OLLI (12/20/2024, 8:00:01 PM)
Premarket: 119.99 +2.08 (+1.76%)117.91
+0.28 (+0.24%)
Ollie's Bargain Outlet Holdings, Inc. is a holding company, which engages in the retail of closeouts, excess inventory, and salvage merchandise. The company is headquartered in Harrisburg, Pennsylvania and currently employs 5,500 full-time employees. The company went IPO on 2015-07-16. The firm principally buys overproduced, overstocked, and closeout merchandise from manufacturers, wholesalers, distributors, brokers, and other retailers. Its warehouse format stores feature a number of categories, including housewares, bed and bath, food, floor coverings, health and beauty aids, books and stationery, toys, and electronics, as well as other products, including hardware, candy, clothing, sporting goods, pet and lawn and garden products. The firm operates over 545 stores in 31 states. Its retail locations are located in Alabama, Arkansas, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, Missouri, New Jersey, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Vermont, Virginia, and West Virginia.
OLLIE'S BARGAIN OUTLET HOLDI
6295 Allentown Blvd Ste 1
Harrisburg PENNSYLVANIA 17112
P: 17176572300
CEO: John Swygert
Employees: 8500
Website: https://investors.ollies.us/
Electronic Arts, Rivian downgraded: Wall Street's top analyst calls
Ollie's Bargain Outlet was handed an upgrade early Wednesday after a slew of price hikes last week.
The consumer spending slump may finally be over for this struggling sliver of the retail market.
The Nasdaq held at highs, but the broader market struggled as yields jumped.
Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) shares are trading higher on Wednesday. Yesterday, the company reported third-quarter adjusted earnings per share of 58 cents, beating the street view of 57 cents. Quarterly sales of $517.43 million (+7.8%) beat the analyst consensus of $517.36 million. The increase in net sales was the result of new store unit growth. Comparable store sales, however, decreased by 0.5%, a decline from the prior year’s increase of 7.0%. RBC Capital Markets analy
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