Ollie's Bargain Outlet (OLLI) - 2023 Q1 - Earnings Call Transcript

Rob Helm Operator Yes, Randy. I'll take the first part of your question related to remodels and Rob will take the second part about CapEx in total. For remodels, the CapEx portion is less than 50% on average. Depends a little bit on the store and its condition, but it's less than 50%. The majority of the spend is on relocating and remerchandising the store -- relocating the merchandise and remerchandising the store, moving existing fixtures around and not necessarily investing in replacement fixtures or new ...