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
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/18/2024 10:09:32 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/16/2024 08:43:13 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/29/2024 08:30:52 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/29/2024 11:35:33 AM
- Ollie’s Bargain Outlet Holdings, Inc. Reports Second Quarter Fiscal 2024 Financial Results • GlobeNewswire Inc. • 08/29/2024 11:30:00 AM
- U.S. Futures Rise; Oil Prices Dip Amid Libyan Supply Concerns and Inventory Drop • IH Market News • 08/29/2024 10:11:58 AM
- OLLIE'S CELEBRATES GRAND OPENING AND RIBBON CUTTING AT NEW ILLINOIS DISTRIBUTION CENTER • PR Newswire (US) • 08/21/2024 07:01:00 PM
- OLLIE'S CELEBRATES GRAND OPENING OF PRINCETON, IL DISTRIBUTION CENTER • PR Newswire (US) • 08/21/2024 07:00:00 PM
- Ollie’s Bargain Outlet Holdings, Inc. Announces Second Quarter Fiscal 2024 Release Date and Conference Call Information • GlobeNewswire Inc. • 08/15/2024 11:30:00 AM
- 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
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