Ollie's Bargain Outlet (OLLI) Misses Q3 EPS by 13c, Guidance Misses
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Ollie’s Bargain Outlet Holdings, Inc. Reports Third Quarter Fiscal 2021 Financial Results
December 2, 2021 4:05 PM ESTHARRISBURG, Pa., Dec. 02, 2021 (GLOBE NEWSWIRE) -- Ollies Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the Company) today reported financial results for the third quarter ended October 30, 2021.
Third Quarter Summary:
Total net sales decreased 7.5% to $383.5 million.Comparable store sales decreased 15.5% from the prior year increase of 15.3%. Comparable store sales decreased 1.3% compared with the third quarter of fiscal 2019.The Company opened 18 new stores, ending the quarter with 426 stores in 29 states, a year-over-year... More