HARRISBURG, Pa., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) announced today that it will release its financial results for the third quarter of fiscal year 2024 on Tuesday, December 10, 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 ...

Ollie's Bargain Outlet Holdings, Inc. (OLLI) is set to add another feather to its cap by acquiring leases for eight former Big Lots locations, obtained through a recent bankruptcy auction. This acquisition represents the second phase of Big Lots' ongoing restructuring efforts, which have involved the closure of 170 stores. OLLI is waiting to receive the final approval for these eight stores from the United States Bankruptcy Court. Deeper Look at OLLI's Recent Expansion With the addition of these stores, Oll ...

Ollie's Bargain Outlet Holdings, Inc. (OLLI) is one of the go-to destinations for budget-conscious shoppers. With its compelling "buying cheap and selling cheap" business model, the company has become a household name for those seeking incredible deals on brand-name products. This strategic positioning has fueled a remarkable 31.7% surge in its stock price over the past six months, outpacing the industry's rise of 10%. Ollie's Bargain Winning Formula Ollie's Bargain core business model is uniquely positione ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all. That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which look ...

Ollie's Bargain Outlet Holdings, Inc. (OLLI) is set to enhance its retail footprint following the acquisition of seven former Big Lots store leases won through a recent bankruptcy auction. This acquisition comes as part of the ongoing restructuring efforts of Big Lots, which included the closure of 143 stores. Details of OLLI's Acquisition of 7 Big Lots' Stores Of the seven stores, Ollie's Bargain has received the final clearance and approval for six stores from the United States Bankruptcy Court for the Di ...

Ollie's Bargain Outlet (OLLI) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, OLLI broke out above the 50-day moving average, suggesting a short-term bullish trend. The 50-day simple moving average is one of three major moving averages used by traders and analysts to determine support or resistance levels for a wide range of securities. But the 50-day is considered to be more important because it's the first marker of an up or down t ...

Paper Boat Creative Investment action I recommended a buy rating for Ollie's Bargain Outlet (NASDAQ:OLLI) when I wrote about it in June, as I turned more positive about OLLI's ability to grow at my expected rate (10%) with margin expansion. Based on my current outlook and analysis, I recommend a hold rating. The reason for my downgrade is not because of a poor fundamental outlook. But rather, it is because valuation has moved up since my last update, and the upside is no longer attractive. Review OLLI repor ...

Ollie's Bargain Outlet (OLLI) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, OLLI crossed above the 20-day moving average, suggesting a short-term bullish trend. The 20-day simple moving average is a well-liked trading tool because it provides a look back at a stock's price over a 20-day period. Additionally, shortterm traders find this SMA very beneficial, as it smooths out short-term price trends and shows more trend reversal sign ...

Ollie's Bargain Outlet Holdings, Inc. (OLLI) has demonstrated remarkable resilience and growth potential. Based in Harrisburg, PA, Ollie's has defied industry trends by achieving a significant stock rally of 22.6% over the past six months, while the broader industry experienced an 8% rise. Ollie's success lies in its straightforward yet highly effective business model, 'buy cheap, sell cheap.' This principle, combined with rigorous cost management and a focus on enhancing store efficiency, has allowed it to ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. However, it isn't easy to find a great growth stock. By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss. However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks bey ...