Ollie's Bargain Outlet (OLLI) stock rises as lower supply chain costs boost Q3 earnings

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Ollie’s Bargain Outlet Holdings, Inc. Reports Third Quarter Fiscal 2023 Financial Results

December 6, 2023 7:30 AM EST

~ Raising Fiscal Year Sales and Earnings Outlook ~

~ Net Sales increased 14.8% ~

~ Comparable Store Sales increased 7.0% ~

~ Earnings per Share increased 37.8% to $0.51 ~

HARRISBURG, Pa., Dec. 06, 2023 (GLOBE NEWSWIRE) -- Ollies Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the Company) today reported financial results for the third quarter ended October 28, 2023.

Third Quarter Summary:     

Total net sales increased 14.8% to $480.1... More