Ollie's Bargain (OLLI) Holiday Comps Up 5.6%, Boosts Outlook

Go back to Ollie's Bargain (OLLI) Holiday Comps Up 5.6%, Boosts Outlook

Ollie’s Bargain Outlet Holdings, Inc. Reports Strong Holiday Sales and Raises Full Year Outlook

January 11, 2016 7:30 AM EST

HARRISBURG, Pa., Jan. 11, 2016 (GLOBE NEWSWIRE) -- Ollies Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (Ollies or the Company) today commented on its holiday sales and full year outlook ahead of its participation at the ICR Conference. For the nine-week period ended January 2, 2016, total sales increased 23% with a comparable store sales increase of 5.6%.

Mark Butler, Chairman, President and Chief Executive Officer, stated, We are thrilled with our holiday sales results and the trends in the business over the past few months. Everyone across the Ollies team, from buying, distribution, store... More