Ollie's Bargain (OLLI) Q1 Earnings Beat Estimates, Guidance Up

Ollie's Bargain Outlet Holdings, Inc. (OLLI) reported first-quarter fiscal 2024 results, wherein both the top and bottom lines not only beat the Zacks Consensus Estimate but also increased year over year. This Harrisburg, PA-based company also witnessed an uptick in comparable store sales. The company's focus on value-driven merchandise assortments positioned it well to capitalize on opportunities in the marketplace and effectively meet consumer demand. The better-than-expected performance prompted manageme ...