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Ollie's Bargain Outlet Winning Bidder in Bankruptcy Auction to Acquire Eleven Former 99 Cents Only Stores
Newsfilter· 2024-05-24 11:30
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 ...
Ollie's Bargain Outlet Winning Bidder in Bankruptcy Auction to Acquire Eleven Former 99 Cents Only Stores
globenewswire.com· 2024-05-24 11:30
"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 ...
Ollie's Bargain Outlet Holdings, Inc. Announces First Quarter Fiscal 2024 Release Date and Conference Call Information
Newsfilter· 2024-05-22 11:30
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 ...
Ollie's Bargain Outlet Holdings, Inc. Announces First Quarter Fiscal 2024 Release Date and Conference Call Information
globenewswire.com· 2024-05-22 11:30
To access the live conference call, please pre-register here. Registrants will receive a confirmation with dial-in instructions. Interested parties can also listen to a live webcast or replay of the conference call by logging on to the Investor Relations section on the Company's website at https://investors.ollies.us/. About Ollie's We are America's largest retailer of Closeout merchandise and excess inventory, offering Real Brands and Real Bargain prices®! We offer extreme value on brand name products in a ...
Why Ollie's Bargain Outlet (OLLI) is a Top Growth Stock for the Long-Term
zacks.com· 2024-05-21 14:46
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Growth Score While good value is important, growth investors are more focused on a company's fi ...
Ollie's Bargain (OLLI) Rides on Business Model, Customer Reach
Zacks Investment Research· 2024-05-13 14:55
Ollie's Bargain Outlet Holdings, Inc. (OLLI) continues to excel due to its unique business model of "buying cheap and selling cheap." This approach, combined with cost-containment efforts, a focus on store productivity and the expansion of its customer loyalty program, Ollie's Army, has solidified its position in the market. The company's success can be attributed to its ability to offer compelling deals that resonate well with consumers. No wonder, Ollie's Bargain's favorable vendor relationships are also ...
Why Ollie's Bargain Outlet (OLLI) Could Beat Earnings Estimates Again
Zacks Investment Research· 2024-05-06 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 9.68%.For the last reported quarter, Ollie's Bargain Outlet came out with ...
OLLIE'S RAISES OVER $791,000 FOR FEEDING AMERICA®
Prnewswire· 2024-05-03 12:30
Extreme Value Retailer Fundraising Campaign Benefits 132 Partner Food Banks HARRISBURG, Pa., May 3, 2024 /PRNewswire/ -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ: OLLI), America's largest retailer of brand name closeout merchandise and excess inventory, is proud to announce that it raised more than $791,000 for Feeding America through an in-store fundraising campaign, which ran from March 10th to April 14th. Collected by 513 participating Ollie's stores in 30 states, these donations will benefit 132 Fe ...
Ollie's Bargain Outlet (OLLI) - 2024 Q4 - Annual Report
2024-03-27 21:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 Form 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 3, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number: 001-37501 Ollie's Bargain Outlet Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 80-0848819 (Stat ...
Ollie's Bargain Outlet (OLLI) - 2023 Q4 - Earnings Call Transcript
2024-03-20 14:43
Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Q4 2023 Earnings Conference Call March 20, 2024 8:30 AM ET Company Participants John Rouleau - IR John Swygert - President & CEO Eric van der Valk - EVP, COO Rob Helm - SVP, CFO Conference Call Participants Brad Thomas - KeyBanc Capital Markets Kate McShane - Goldman Sachs Peter Keith - Piper Sandler Edward Kelly - Wells Fargo Jeremy Hamblin - Craig-Hallum Capital Group Eric Cohen - Gordon Haskett Matthew Boss - JPMorgan Scot Ciccarelli - Truist Simeon Gut ...