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Wednesday, August 31, 2016 9:13:54 PM
Aug 31, 2016 17:51:00 (ET)
17:51 ET - Shares of Ollie's Bargain Outlet (OLLI) rise in extended trading as the discount retailer beats Wall Street's 2Q EPS and revenue expectations. Comp-store sales of 3.5% also surpassed the 1% consensus. CEO Mark Butler says, "Our growing size, scale and visibility in the marketplace is giving us better access to merchandise, expanding our vendor base, and building stronger direct relationships with manufacturers." He adds that greater size and scale allows OLLI's buyers to offer "even better bargains on great quality branded merchandise." For the year, OLLI raises EPS and revenue forecasts. OLLI up 8.6% at $27.60 in after-hours trading and finished the regular session with a YTD gain of 49%. (patrick.sheridan@wsj.com)
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Recent OLLI News
- Ollie’s Partners with Sunbit to Offer a New Co-Branded Visa Credit Card • GlobeNewswire Inc. • 07/23/2024 11:30:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/19/2024 10:00:06 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 07/16/2024 08:17:30 PM
- OLLIE'S RAISES OVER $625,000 FOR CHILDREN'S MIRACLE NETWORK HOSPITALS® • PR Newswire (US) • 07/02/2024 12:00:00 PM
- OLLIE'S CELEBRATES 31st STATE WITH GRAND OPENING IN WISCONSIN • PR Newswire (US) • 06/19/2024 11:00:00 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/17/2024 08:09:13 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/07/2024 09:20:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/07/2024 09:20:13 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/07/2024 09:19:58 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/05/2024 09:12:44 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/05/2024 09:03:09 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 06/05/2024 08:43:13 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/05/2024 08:26:52 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/05/2024 08:26:28 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/05/2024 11:35:24 AM
- U.S. Index Futures Rise Ahead of Economic Data; Oil Prices Edge Higher • IH Market News • 06/05/2024 11:34:26 AM
- Ollie’s Bargain Outlet Reports First Quarter Fiscal 2024 Financial Results • GlobeNewswire Inc. • 06/05/2024 11:30:00 AM
- Ollie’s Bargain Outlet Announces Executive Promotions and Appointments as Part of Anticipated Leadership Succession • GlobeNewswire Inc. • 06/05/2024 11:28:00 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/03/2024 08:58:41 PM
- Ollie’s Bargain Outlet Winning Bidder in Bankruptcy Auction to Acquire Eleven Former 99 Cents Only Stores • GlobeNewswire Inc. • 05/24/2024 11:30:00 AM
- Ollie’s Bargain Outlet Holdings, Inc. Announces First Quarter Fiscal 2024 Release Date and Conference Call Information • GlobeNewswire Inc. • 05/22/2024 11:30:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/07/2024 10:04:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/07/2024 10:04:26 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/06/2024 08:30:33 PM
- OLLIE'S RAISES OVER $791,000 FOR FEEDING AMERICA® • PR Newswire (US) • 05/03/2024 12:30:00 PM
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