Ollie's Bargain Outlet (OLLI) Tops Q1 EPS by 18c, Revenues Beat

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/4/2026

1. AMD
2. BKNG
3. AMGN
4. DOX
5. DUOL
6. ANET
7. SWKS
8. SPY
9. XYZ
10. CVS

Go back to Ollie's Bargain Outlet (OLLI) Tops Q1 EPS by 18c, Revenues Beat

Ollie’s Bargain Outlet Holdings, Inc. Reports First Quarter Fiscal 2020 Financial Results

May 28, 2020 4:05 PM EDT

HARRISBURG, Pa., May 28, 2020 (GLOBE NEWSWIRE) -- Ollies Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) today reported financial results for the first quarter ended May 2, 2020. 

First Quarter Summary:

Total net sales increased 7.5% to $349.4 million. Comparable store sales decreased 3.3% compared with a 0.8% increase in the prior year. The Company opened 17 stores and closed two stores, ending the quarter with 360 stores in 25 states, an increase in store count of 11.1% year over year.Operating income increased 5.4% to $43.0 million. Adjusted operating income(1) increased 6.9%.Net income decreased... More