Ollie's Bargain Outlet Holdings, Inc. operates as a retailer of brand name merchandise. The company offers housewares, bed and bath, food, floor coverings, health and beauty aids, books and stationery, toys, and electronics; and other products, including hardware, candy, clothing, sporting goods, pet and lawn, and garden products. It provides its products primarily under the Ollie's, Ollie's Bargain Outlet, Good Stuff Cheap, Ollie's Army, Real Brands Real Cheap!, Real Brands! Real Bargains, Sarasota Breeze, Steelton Tools, American Way, and Middleton Home names. As of January 30, 2021, it operated 388 stores in 25 states in the eastern half of the United States. The company was formerly known as Bargain Holdings, Inc. and changed its name to Ollie's Bargain Outlet Holdings, Inc. in March 2015. Ollie's Bargain Outlet Holdings, Inc. was founded in 1982 and is headquartered in Harrisburg, Pennsylvania.
IPO Year: 2015
Exchange: NASDAQ
Website: ollies.us
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/26/2024 | $105.00 → $107.00 | Accumulate → Buy | Gordon Haskett |
| 6/17/2024 | $105.00 | Neutral → Overweight | JP Morgan |
| 5/6/2024 | $92.00 | Buy | BofA Securities |
| 5/3/2024 | $80.00 → $86.00 | Hold → Buy | Truist |
| 4/5/2024 | $80.00 → $90.00 | Hold → Buy | Loop Capital |
| 10/17/2023 | $75.00 → $83.00 | Neutral → Buy | Goldman |
| 4/17/2023 | $56.00 → $66.00 | Underweight → Neutral | JP Morgan |
| 3/27/2023 | $52.00 → $49.00 | Neutral → Sell | Citigroup |
| 12/8/2022 | $53.00 | Buy → Accumulate | Gordon Haskett |
| 10/24/2022 | $60.00 | Buy | Gordon Haskett |
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SC 13G/A - Ollie's Bargain Outlet Holdings, Inc. (0001639300) (Subject)
SC 13G/A - Ollie's Bargain Outlet Holdings, Inc. (0001639300) (Subject)
SC 13G/A - Ollie's Bargain Outlet Holdings, Inc. (0001639300) (Subject)
Gordon Haskett upgraded Ollie’s Bargain Outlet from Accumulate to Buy and set a new price target of $107.00 from $105.00 previously
JP Morgan upgraded Ollie’s Bargain Outlet from Neutral to Overweight and set a new price target of $105.00
BofA Securities resumed coverage of Ollie’s Bargain Outlet with a rating of Buy and set a new price target of $92.00
Truist upgraded Ollie’s Bargain Outlet from Hold to Buy and set a new price target of $86.00 from $80.00 previously
Loop Capital upgraded Ollie’s Bargain Outlet from Hold to Buy and set a new price target of $90.00 from $80.00 previously
Goldman upgraded Ollie’s Bargain Outlet from Neutral to Buy and set a new price target of $83.00 from $75.00 previously
JP Morgan upgraded Ollie’s Bargain Outlet from Underweight to Neutral and set a new price target of $66.00 from $56.00 previously
Citigroup downgraded Ollie’s Bargain Outlet from Neutral to Sell and set a new price target of $49.00 from $52.00 previously
Gordon Haskett downgraded Ollie’s Bargain Outlet from Buy to Accumulate and set a new price target of $53.00
Gordon Haskett initiated coverage of Ollie’s Bargain Outlet with a rating of Buy and set a new price target of $60.00
10-Q - Ollie's Bargain Outlet Holdings, Inc. (0001639300) (Filer)
8-K - Ollie's Bargain Outlet Holdings, Inc. (0001639300) (Filer)
144 - Ollie's Bargain Outlet Holdings, Inc. (0001639300) (Subject)
8-K - Ollie's Bargain Outlet Holdings, Inc. (0001639300) (Filer)
8-K - Ollie's Bargain Outlet Holdings, Inc. (0001639300) (Filer)
10-Q - Ollie's Bargain Outlet Holdings, Inc. (0001639300) (Filer)
144 - Ollie's Bargain Outlet Holdings, Inc. (0001639300) (Subject)
8-K - Ollie's Bargain Outlet Holdings, Inc. (0001639300) (Filer)
ARS - Ollie's Bargain Outlet Holdings, Inc. (0001639300) (Filer)
DEFA14A - Ollie's Bargain Outlet Holdings, Inc. (0001639300) (Filer)
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4 - Ollie's Bargain Outlet Holdings, Inc. (0001639300) (Issuer)
4 - Ollie's Bargain Outlet Holdings, Inc. (0001639300) (Issuer)
4 - Ollie's Bargain Outlet Holdings, Inc. (0001639300) (Issuer)
4 - Ollie's Bargain Outlet Holdings, Inc. (0001639300) (Issuer)
4 - Ollie's Bargain Outlet Holdings, Inc. (0001639300) (Issuer)
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HARRISBURG, Pa., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) (the "Company") today announced that it was the winning bidder in the latest bankruptcy sale process to acquire eight additional former Big Lots store leases. The eight stores were part of a bankruptcy auction for the second wave of Big Lots store closures, which included 170 stores. The acquisition of the eight additional store leases are subject to final bankruptcy court approval and customary closing conditions. Including these eight additional Big Lots locations, the Company has acquired a total of 15 former Big Lots store leases to date. Eric van der Valk, President of Ollie's state
HARRISBURG, Pa., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) (the "Company") today announced that it was the winning bidder in a bankruptcy sale process to acquire seven former Big Lots, Inc. ("Big Lots") store leases. The seven stores were part of a bankruptcy auction for the first wave of Big Lots store closures, which included 143 stores. Six of the seven stores have already completed the sale hearing process and received final approval from the United States Bankruptcy Court for the District of Delaware. The remaining one store is subject to final bankruptcy court approval and customary closing conditions. John Swygert, Chief Executive Officer
Bargains Coming to Dallas, Houston, McAllen, San Antonio HARRISBURG, Pa., Sept. 23, 2024 /PRNewswire/ -- Ollie's, America's largest retailer of closeout merchandise and excess inventory, announced the Grand Openings of 10 new stores in Texas! The new locations, all former 99₵ Stores, will bring even more brand name bargains to the Dallas, Houston, McAllen, and San Antonio markets. Shoppers will find everyday low prices on books, flooring, food, housewares, toys, electronics, stuff for your bedroom and bathroom, health and beauty products, pet supplies, and so much more for up to 70% off the fancy store prices!
~ Comparable Store Sales increased 5.8% ~ ~ Earnings per Share increased 16.2% to $0.79 ~ ~ Adjusted Earnings per Share increased 16.4% to $0.78 ~ ~ Raising Fiscal Year Sales and Earnings Outlook ~ HARRISBURG, Pa., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) (the "Company") today reported financial results for the second quarter ended August 3, 2024. Second Quarter Summary: Total net sales increased 12.4% to $578.4 million. Comparable store sales increased 5.8% from the prior year increase of 7.9%.The Company opened nine new stores, ending the quarter with 525 stores in 31 stat
New Facility Brings More Jobs and Economic Growth to Princeton HARRISBURG, Pa., Aug. 21, 2024 /PRNewswire/ -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) gathered today with officials from the Illinois Department of Commerce and Economic Opportunity and the city of Princeton to celebrate the grand opening and ribbon cutting of the new Ollie's distribution center in Princeton, Illinois. The more than 615,000 square foot facility is now open and is a crucial part of Ollie's growth plan in support of the company's nationwide expansion efforts to open more than 1,300 stores. Ollie's new facility, representing a capital investment of over $75 million, brings more than 200 new full-time j
New Distribution Center to Support Growth and Create Jobs in the Midwest HARRISBURG, Pa., Aug. 21, 2024 /PRNewswire/ -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) proudly announces the grand opening and ribbon-cutting ceremony of its newest distribution center located in Princeton, Illinois. The new facility is the Company's fourth distribution center and will play a critical role in the company's growth in the Midwest region and national expansion westward. "The opening of our fourth distribution center in Princeton, Illinois is a significant moment for Ollie's as we
HARRISBURG, Pa., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) (the "Company") announced today that it will release its financial results for the second quarter of fiscal year 2024 on Thursday, August 29, 2024, before the market opens. Following the release, at 8:30 a.m. Eastern Time, the Company's management team will host a conference call to discuss its results. To access the live conference call, please pre-register here. Registrants will receive a confirmation with dial-in instructions. Interested parties can also listen to a live webcast or replay of the conference call by logging on to the Investor Relations section on the Company's websi
HARRISBURG, Pa., July 23, 2024 (GLOBE NEWSWIRE) -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) (the "Company") today announced that it has partnered with Sunbit, a leading financial technology company, to launch a co-branded Visa® credit card. "We are excited to launch our first-ever credit card to our customers. Our card makes it easier for customers to shop with us, earn even more rewards, and receive exclusive benefits," said Eric van der Valk, President of Ollie's. "This program builds on our industry leading Ollie's Army loyalty program, offering greater flexibility to our customers and enhancing loyalty with our members." Ollie's cardholders earn points for purchases at Oll
Extreme Value Retailer Raises Funds for Children's Hospitals Across 30 States HARRISBURG, Pa., July 2, 2024 /PRNewswire/ -- Ollie's Bargain Outlet, Inc., America's largest retailer of closeout merchandise and excess inventory, is proud to announce that it has raised more than $625,000 for Children's Miracle Network Hospitals through an in-store fundraising campaign which ran from May 19th through June 15th. Customer donations were collected by 517 Ollie's locations in 30 states and will benefit 94 local hospitals in communities Ollie's serves. "We believe every child deserves
Bargains Coming to Kenosha HARRISBURG, Pa., June 19, 2024 /PRNewswire/ -- Ollie's Bargain Outlet, Inc., America's largest retailer of closeout merchandise, celebrates another growth milestone with the grand opening of a brand-new store in Wisconsin, their 31st state! Ollie's is known for unbeatable brand name closeouts at up to 70% off the fancy stores' prices every day! You'll find bargains on books, flooring, food, housewares, toys, electronics, stuff for your bedroom and bathroom, health and beauty products, pet supplies, and so much more! Wisconsin's first Ollie's will officially open its doors in Kenosha on Wednesday, June 19th at 9 am. Find us off 80th Street next to CVS in the old Pi
HARRISBURG, Pa., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) (the "Company") today announced that it was the winning bidder in the latest bankruptcy sale process to acquire eight additional former Big Lots store leases. The eight stores were part of a bankruptcy auction for the second wave of Big Lots store closures, which included 170 stores. The acquisition of the eight additional store leases are subject to final bankruptcy court approval and customary closing conditions. Including these eight additional Big Lots locations, the Company has acquired a total of 15 former Big Lots store leases to date. Eric van der Valk, President of Ollie's state
HARRISBURG, Pa., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) (the "Company") today announced that it was the winning bidder in a bankruptcy sale process to acquire seven former Big Lots, Inc. ("Big Lots") store leases. The seven stores were part of a bankruptcy auction for the first wave of Big Lots store closures, which included 143 stores. Six of the seven stores have already completed the sale hearing process and received final approval from the United States Bankruptcy Court for the District of Delaware. The remaining one store is subject to final bankruptcy court approval and customary closing conditions. John Swygert, Chief Executive Officer
~ Comparable Store Sales increased 5.8% ~ ~ Earnings per Share increased 16.2% to $0.79 ~ ~ Adjusted Earnings per Share increased 16.4% to $0.78 ~ ~ Raising Fiscal Year Sales and Earnings Outlook ~ HARRISBURG, Pa., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) (the "Company") today reported financial results for the second quarter ended August 3, 2024. Second Quarter Summary: Total net sales increased 12.4% to $578.4 million. Comparable store sales increased 5.8% from the prior year increase of 7.9%.The Company opened nine new stores, ending the quarter with 525 stores in 31 stat
HARRISBURG, Pa., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) (the "Company") announced today that it will release its financial results for the second quarter of fiscal year 2024 on Thursday, August 29, 2024, before the market opens. Following the release, at 8:30 a.m. Eastern Time, the Company's management team will host a conference call to discuss its results. To access the live conference call, please pre-register here. Registrants will receive a confirmation with dial-in instructions. Interested parties can also listen to a live webcast or replay of the conference call by logging on to the Investor Relations section on the Company's websi
~ Comparable Store Sales increased 3.0% ~~ Earnings per Share increased 50.0% to $0.75 ~~ Adjusted Earnings per Share increased 49.0% to $0.73 ~~ Raising Fiscal Year Sales and Earnings Outlook ~ HARRISBURG, Pa., June 05, 2024 (GLOBE NEWSWIRE) -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) (the "Company") today reported financial results for the first quarter ended May 4, 2024. First Quarter Summary: Total net sales increased 10.8% to $508.8 million.Comparable store sales increased 3.0% from the prior year increase of 4.5%.The Company opened 4 new stores, ending the quarter with 516 stores in 30 states, a year-over-year increase in store count of 8.4%.Operating income increased 4
John Swygert to Transition to Executive Chairman in Early 2025 Eric van der Valk Promoted to President and Will Become CEO in Early 2025 Robert Helm Promoted to Executive Vice President Chris Zender Appointed to Executive Vice President and Chief Operating Officer HARRISBURG, Pa., June 05, 2024 (GLOBE NEWSWIRE) -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) ("Ollie's" or the "Company") today announced a number of executive promotions, appointments, and anticipated changes as part of the Company's succession plan, including: The transition of John Swygert to Executive Chairman in early 2025The promotion of Eric van der Valk to the role of President, effective immediat
HARRISBURG, Pa., May 22, 2024 (GLOBE NEWSWIRE) -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) (the "Company") announced today that it will release its financial results for the first quarter of fiscal year 2024 on Wednesday, June 5, 2024, before the market opens. Following the release, at 8:30 a.m. Eastern Time, the Company's management team will host a conference call to discuss its results. To access the live conference call, please pre-register here. Registrants will receive a confirmation with dial-in instructions. Interested parties can also listen to a live webcast or replay of the conference call by logging on to the Investor Relations section on the Company's website at ht
~ Q4 Net Sales increased 18.0%; Q4 Comparable Store Sales increased 3.9% ~ ~ Q4 Earnings per Share increased 44.7% to $1.23 ~ ~ Q4 Adjusted Earnings per Share increased 46.4% to $1.23 ~ ~ Raising long-term store target to 1,300 from 1,050 ~ HARRISBURG, Pa., March 20, 2024 (GLOBE NEWSWIRE) -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) (the "Company") today reported financial results for the fourth quarter and full-year fiscal 2023. Fourth Quarter Summary: Total net sales increased 18.0% to $648.9 million. Excluding the impact of the 53rd week, net sales increased 11.9%. Net sales in the 53rd week were $34.0 million and contributed approximately $0.04 to diluted earnings per s
HARRISBURG, Pa., March 06, 2024 (GLOBE NEWSWIRE) -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) (the "Company") announced today that it will release its financial results for the fourth quarter and full-year fiscal 2023 on Wednesday, March 20, 2024, before the market opens. Following the release, at 8:30 a.m. Eastern Time, the Company's management team will host a conference call to discuss its results. To access the live conference call, please pre-register here. Registrants will receive a confirmation with dial-in instructions. Interested parties can also listen to a live webcast or replay of the conference call by logging on to the Investor Relations section on the Company's
~ 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) -- Ollie's 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 million. Comparable store sales increased 7.0% from the prior year increase of 1.9%.The Company opened 23 new stores, ending the quarter with 505 stores in 30 states, a year-over-year increase in store count of 9.1%.Operating i
During the last three months, 14 analysts shared their evaluations of Ollie's Bargain Outlet (NASDAQ:OLLI), revealing diverse outlooks from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 8 3 3 0 0 Last 30D 1 0 0 0 0 1M Ago 2 1 0 0 0 2M Ago 4 2 3 0 0 3M Ago 1 0 0 0 0 In the assessment of 12-month price targets, analysts unveil insights for Ollie's Bargain Outlet, presenting an average target of $100.14, a high estimate of $110.00, and a low estimate of $86.00. M
Truist Securities analyst Scot Ciccarelli maintains Ollie's Bargain Outlet (NASDAQ:OLLI) with a Buy and raises the price target from $102 to $109.
Truist Securities analyst Scot Ciccarelli maintains Ollie's Bargain Outlet (NASDAQ:OLLI) with a Buy and maintains $102 price target.
Piper Sandler analyst Peter Keith maintains Ollie's Bargain Outlet (NASDAQ:OLLI) with a Overweight and raises the price target from $100 to $107.
Loop Capital analyst Anthony Chukumba maintains Ollie's Bargain Outlet (NASDAQ:OLLI) with a Buy and raises the price target from $100 to $110.
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16 analysts have shared their evaluations of Ollie's Bargain Outlet (NASDAQ:OLLI) during the recent three months, expressing a mix of bullish and bearish perspectives. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 8 3 5 0 0 Last 30D 0 0 0 0 0 1M Ago 4 2 3 0 0 2M Ago 1 0 0 0 0 3M Ago 3 1 2 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $94.94, a high estimate of $105.00, and a low estimate of $80.00. Surp
HARRISBURG, Pa., Dec. 01, 2023 (GLOBE NEWSWIRE) -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) (the "Company") today announced the appointment of Mary Baglivo as a member of its Board of Directors and as a member of the Nominating and Corporate Governance Committee. Ms. Baglivo is an independent director under applicable SEC and NASDAQ rules. Mary Baglivo is an experienced Chief Executive and Chief Marketing Officer, with deep expertise in brand strategy, marketing, advertising, strategic communications, and general business operations. She has held roles as Chief Executive Officer of global advertising agencies, Saatchi & Saatchi, Arnold Worldwide, Panoramic Marketing, and Euro R
HARRISBURG, Pa., Nov. 29, 2022 (GLOBE NEWSWIRE) -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) today announced the appointment of Abid Rizvi as a member of its Board of Directors. Mr. Rizvi currently serves as the Chief Executive Officer of AriZona Beverages, a position he has held since 2020. He joined the company behind the iconic 99c Big Can in 2016 and held other leadership positions before assuming the role of the CEO. Mr. Rizvi also brings over 20 years of experience in consumer investment banking, serving as Managing Director and Head of Consumer and Retail Mergers & Acquisitions at RBC Capital Markets, LLC, from 2014 to 2016, and the Americas Head of Consumer and Head of