Ollie's Bargain Outlet (OLLI) Tops Q2 EPS by 14c

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

August 27, 2020 4:05 PM EDT

~ Comparable Store Sales Increase 43.3% ~~ Operating Margin Increases 820 Basis Points to 17.4% ~~ Diluted EPS Increases 294.7% to $1.50 ~~ Adjusted Diluted EPS Increases 197.1% to $1.04 ~

HARRISBURG, Pa., Aug. 27, 2020 (GLOBE NEWSWIRE) -- Ollies Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) today reported financial results for the second quarter ended August 1, 2020. 

Second Quarter Summary:

Total net sales increased 58.5% to $529.3 million. Comparable store sales increased 43.3%. The Company opened 6 stores, ending the quarter with 366... More