Why Ollie's Bargain Outlet Stock Hit Its Highest Price in 3 Years Today
Ollie's Bargain Outlet (OLLI) The Motley Fool·2024-06-05 17:07A surge in profitability is rewarding patient shareholders. Shares of Ollie's Bargain Outlet (OLLI 10.51%) are hitting their highest prices in almost three years on Wednesday after the company reported financial results for its fiscal first quarter of 2024. As of 11:50 a.m. ET, Ollie's stock was up about 10%. A rebound year ahead for Ollie's Ollie's offers closeout merchandise to its customers at low prices, which can be quite appealing when consumers are stretched thin. And it seems that consumers are look ...