Ollie's Bargain Outlet (OLLI) Misses Q3 EPS by 3c, Guidance Misses

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Ollie’s Bargain Outlet Holdings, Inc. Reports Third Quarter Fiscal 2022 Financial Results

December 7, 2022 7:30 AM EST

HARRISBURG, Pa., Dec. 07, 2022 (GLOBE NEWSWIRE) -- Ollies Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the Company) today reported financial results for the third quarter ended October 29, 2022.

Third Quarter Summary:

Total net sales increased 9.0% to $418.1 million.  Comparable store sales increased 1.9%.  The Company opened 15 new stores and closed one store, ending the quarter with 463 stores in 29 states, a year-over-year increase in store count of... More