Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Q1 2024 Earnings Conference Call June 5, 2024 8:30 AM ET Company Participants John Rouleau - IR John Swygert - CEO Eric van der Valk - President Robert Helm - EVP & CFO Conference Call Participants Brad Thomas - KeyBanc Capital Markets Peter Keith - Piper Sandler Kate McShane - Goldman Sachs Anthony Bonadio - Wells Fargo Joseph Civello - Truist Matthew Boss - JPMorgan Jeremy Hamblin - Craig-Hallum Capital Group Melanie Nunez - Bank of America Eric Cohen - ...

For the quarter ended April 2024, Ollie's Bargain Outlet (OLLI) reported revenue of $508.82 million, up 10.8% over the same period last year. EPS came in at $0.73, compared to $0.49 in the year-ago quarter. The reported revenue represents a surprise of +0.60% over the Zacks Consensus Estimate of $505.79 million. With the consensus EPS estimate being $0.65, the EPS surprise was +12.31%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations t ...

Ollie's Bargain Outlet (OLLI) came out with quarterly earnings of $0.73 per share, beating the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $0.49 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 12.31%. A quarter ago, it was expected that this retailer would post earnings of $1.16 per share when it actually produced earnings of $1.23, delivering a surprise of 6.03%. Over the last four quarters, the ...

Exhibit 99.1 Ollie's Bargain Outlet Reports First Quarter Fiscal 2024 Financial Results ~ Comparable Store Sales increased 3.0% ~ ~ Earnings per Share increased 50.0% to $0.75 ~ ~ Adjusted Earnings per Share increased 49.0% to $0.73 ~ ~ Raising Fiscal Year Sales and Earnings Outlook ~ HARRISBURG, PA – June 5, 2024 – Ollie's Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the "Company") today reported financial results for the first quarter ended May 4, 2024. First Quarter Summary: John Swygert, Chief Executiv ...

~ Comparable Store Sales increased 3.0% ~ ~ Earnings per Share increased 50.0% to $0.75 ~ ~ Adjusted Earnings per Share increased 49.0% to $0.73 ~ ~ Raising Fiscal Year Sales and Earnings Outlook ~ HARRISBURG, Pa., June 05, 2024 (GLOBE NEWSWIRE) -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) (the "Company") today reported financial results for the first quarter ended May 4, 2024. First Quarter Summary: (1) As used throughout this release, adjusted net income, adjusted net income per diluted share, E ...

Ollie's Bargain Outlet Holdings, Inc. (OLLI) is expected to register an increase in the top line when it reports first-quarter fiscal 2024 results on Jun 5 before market open. The Zacks Consensus Estimate for revenues is pegged at $505.8 million, which indicates a 10.2% increase from the prior-year quarter. The extreme-value retailer of brand-name merchandise is also projected to see a year-over-year increase in its bottom line. The Zacks Consensus Estimate for first-quarter earnings per share has remained ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Ollie's Bargain Outlet (OLLI) reports results for the quarter ended April 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on June 5, 2024, might help the stock move higher if these key numbers are better ...

HARRISBURG, Pa., May 24, 2024 (GLOBE NEWSWIRE) -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) (the "Company") today announced that at the conclusion of a final sale hearing, the United States Bankruptcy Court for the District of Delaware approved the Company's stalking horse bid to acquire eleven former 99 Cents Only Stores locations. The Company and debtor entered into an asset purchase agreement to acquire eleven former 99 Cents Only Stores locations for $14.6 million in cash. The locations were a ...

"We are very excited to be announced as the winning bidder of these store locations. These stores are the right size, located in good trade areas, have attractive rents and leasing structures, and have been serving value- oriented customers for many years. Texas is a great market for us that has tremendous growth potential and continues to benefit from strong population growth," said John Swygert, President and Chief Executive Officer of Ollie's. HARRISBURG, Pa., May 24, 2024 (GLOBE NEWSWIRE) -- Ollie's Bar ...

HARRISBURG, Pa., May 22, 2024 (GLOBE NEWSWIRE) -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) (the "Company") announced today that it will release its financial results for the first quarter of fiscal year 2024 on Wednesday, June 5, 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 with d ...