Ollie's Bargain Outlet (OLLI) Tops Q3 EPS by 1c, Revenues Beat; Offers FY EPS/Revenue Guidance

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Go back to Ollie's Bargain Outlet (OLLI) Tops Q3 EPS by 1c, Revenues Beat; Offers FY EPS/Revenue Guidance

Ollie’s Bargain Outlet Holdings, Inc. Reports Third Quarter Fiscal 2018 Financial Results

December 4, 2018 4:10 PM EST

HARRISBURG, Pa., Dec. 04, 2018 (GLOBE NEWSWIRE) -- Ollies Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) today reported financial results for the third quarter ended November 3, 2018 and raised sales and earnings guidance for the full-year fiscal 2018.

Third Quarter Summary:

Total net sales increased 19.1% to $283.6 million.Comparable store sales increased 4.6% on top of a 2.1% increase in the third quarter last year.Store count increased 12.1% year-over-year with the opening of 17 stores, including one relocation, totaling 297 stores in 23... More