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 ...

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 ...

"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 ...

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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 ...

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 ...

Investment action Review With this view, I expect OLLI to continue benefiting from a trade-down effect. Management had specifically called out that lower-income customers remained relatively stable, and trends from their lower-income customers were consistent vs. last quarter. In my view, this paints a very encouraging picture of underlying demand. OLLI's 1Q24 performance was very supportive of my view, as SSS growth of 3% was primarily driven by an increase in basket size (which contributed 2% of the 3%), ...

The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>>. Most Powerful Force Impacting Stock Prices The upgrade of Ollie's Bargain Outlet to a Zacks Ra ...

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