Ollie's Bargain Outlet (OLLI) - 2023 Q4 - Earnings Call Transcript

Turning to the balance sheet, our cash position remains strong, with $353 million between cash on hand and short-term investments, and no outstanding borrowings under our revolving credit facility, which we extended for another five years at favorable economics to the current market conditions. For the full year, we generated $254 million in cash from operations. Inventory increased 7.5% to $506 million, primarily driven by new store growth, partially offset by the impact of lower capitalized freight costs. ...