Ollie's Bargain Outlet (OLLI) Tops Q1 EPS by 4c, Revenues Beat; Boosts FY Guidance
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Ollie’s Bargain Outlet Holdings, Inc. Reports First Quarter Fiscal 2018 Financial Results
June 5, 2018 4:10 PM EDT~ Company Raises Full-Year Guidance ~
HARRISBURG, Pa., June 05, 2018 (GLOBE NEWSWIRE) -- Ollies Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) today reported financial results for the first quarter ended May 5, 2018 and raised sales and earnings guidance for the full year fiscal 2018.
First Quarter Summary: Â Â Â Â Â Â Â
Total net sales increased 21.1% to $275.7 million. Â Â Â Comparable store sales increased 1.9%.The Company opened eight stores and entered one new state during the quarter, ending the period with a total of 276 stores in 21 states, an increase in... More