Ollie's Bargain Outlet (OLLI) Tops Q3 EPS by 1c
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Ollie’s Bargain Outlet Holdings, Inc. Announces Fiscal 2017 Third Quarter Financial Results
December 6, 2017 4:10 PM ESTHARRISBURG, Pa., Dec. 06, 2017 (GLOBE NEWSWIRE) -- Ollies Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) today announced financial results for the third quarter ended October 28, 2017.
Third Quarter Summary:
Total net sales increased 17.9% to $238.1 million;Comparable store sales increased 2.1%;The Company opened 15 new stores during the quarter, ending the quarter with a total of 265 stores in 20 states, an increase in store count of 14.2% year over year;Operating income increased 29.8% to $24.2 million;Net income increased 80.3% to $18.9 million and Net income per diluted share increased 70.6% to... More