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Ollie’s Bargain Outlet (OLLI) operates a unique treasure hunt retail model, offering brand-name closeout merchandise at significant discounts across the Eastern U.S. This page serves as the definitive source for verified company news, providing investors and industry observers with timely updates directly from official channels.
Access real-time press releases, financial disclosures, and strategic announcements covering earnings results, store expansions, leadership updates, and supply chain developments. Our curated collection ensures you stay informed about OLLI’s market positioning in the competitive discount retail sector without promotional bias.
Key content includes acquisition announcements, operational milestones, and analyses of consumer trends impacting the closeout merchandise industry. Bookmark this page for efficient tracking of OLLI’s growth initiatives and financial health indicators, all presented in compliance with financial reporting standards.
Ollie’s Bargain Outlet Holdings (NASDAQ: OLLI) will announce its third quarter financial results for fiscal 2021 on December 2, 2021, after market close. A conference call hosted by management is scheduled for 4:30 p.m. ET to discuss the results. Investors can join the call by dialing (800) 219-7052 or (574) 990-1029, using conference ID #4675969. The call will also be available via a live webcast on the Company’s Investor Relations website, where additional information about the company is provided.
Ollie’s Bargain Outlet, Inc. is set to host a nationwide hiring event on September 8th, aiming to fill over 3,000 positions across its 400+ stores and three distribution centers. The event will run from 10 a.m. to 7 p.m. with on-the-spot interviews available. CEO John Swygert emphasized Ollie's rapid growth and job creation, expanding to 28 states this year. Employees benefit from competitive wages, benefits, and promotion opportunities. Interested applicants can apply in-person or text for information.
Ollie’s Bargain Outlet Holdings (Nasdaq: OLLI) will participate in the 28th Annual Goldman Sachs Virtual Retailing Conference on September 9, 2021, at 3:20 PM ET. John Swygert, President and CEO, and Jay Stasz, Senior VP and CFO, will represent the company. The event will be webcast live, accessible via the Investor Relations section of Ollie’s website, with an archive available for 90 days post-event. Ollie’s is known for offering brand name merchandise at discounted prices, operating 416 stores across 28 states.
Ollie’s Bargain Outlet reported a second quarter net income of $34.3 million, or $0.52 per diluted share, reflecting a significant decline of 65.5% from $99.4 million, or $1.50 per share, in the same period last year. Total net sales fell by 21.4% to $415.9 million, attributed to a 28.0% decrease in comparable store sales. Despite these challenges, the company achieved a two-year comparable store sales growth of 15.3%. The adjusted EBITDA decreased 45.6% to $54.1 million, with an adjusted EBITDA margin of 13.0%.
Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) will release its financial results for Q2 fiscal 2021 on August 26, 2021, after market close. A conference call to discuss the results will follow at 4:30 p.m. ET, with participation available via phone or a live webcast on the Investor Relations section of the Company’s website. Ollie’s operates 413 stores across 28 states, specializing in brand name merchandise at significantly reduced prices, branded as Good Stuff Cheap®.
Ollie’s Bargain Outlet Holdings (NASDAQ: OLLI) announced the departure of Senior Vice President of Supply Chain, Ray Daugherty, effective August 27. The company has initiated a search for a new Head of Supply Chain, with Executive Vice President Eric van der Valk temporarily overseeing the function. CEO John Swygert expressed gratitude for Daugherty’s contributions. Ollie’s operates 413 stores across 28 states, offering a wide range of merchandise at discounted prices, emphasizing their concept of Good Stuff Cheap.
Ollie’s Bargain Outlet Holdings (Nasdaq: OLLI) will participate in a fireside chat at the 2021 Jefferies Virtual Consumer Conference on June 23, 2021, at 2:40 PM ET. The event will feature John Swygert, CEO, and Jay Stasz, CFO. Investors can access the live webcast via the Company’s Investor Relations website, with an archive available for 90 days post-event. Ollie's is recognized for offering brand name merchandise at reduced prices across various departments, currently operating 408 stores in 28 states.
Ollie's Bargain Outlet Holdings (Nasdaq: OLLI) will participate in a fireside chat at the 2021 Jefferies Virtual Consumer Conference on June 22, 2021, at 2:05 PM ET. The discussion will feature President and CEO John Swygert and Senior Vice President and CFO Jay Stasz. Investors can access the live audio webcast through the Company’s Investor Relations website, with an archive available for 90 days post-event. Ollie’s operates 407 stores across 28 states, offering brand name products at reduced prices.
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