Ollie's Bargain Outlet (OLLI) Misses Q4 EPS by 1c

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Go back to Ollie's Bargain Outlet (OLLI) Misses Q4 EPS by 1c

Ollie’s Bargain Outlet Holdings, Inc. Reports Fourth Quarter and Fiscal 2019 Financial Results

March 19, 2020 4:05 PM EDT

~ Based on Market Study, Increases U.S. Store Opportunity to 1,050 Locations ~

HARRISBURG, Pa., March 19, 2020 (GLOBE NEWSWIRE) -- Ollies Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) today reported financial results for the fourth quarter and full-year fiscal 2019. 

Fourth Quarter Summary:

Total net sales increased 7.2% to $422.4 million. Comparable store sales decreased 4.9% from a 5.4% increase in the prior year.The Company ended the year with a total of 345 stores in 25 states, a 13.9% year-over-year increase in store count. Operating income increased 4.3% to... More