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The Latest Breaking News from OLLI

3 Retail Stocks to Avoid Following Walmart's Profit Warning

Amid soaring prices and simultaneous rate hikes, retail giant Walmart (WMT) reduced its profit estimates drastically, anticipating an eventual contraction in demand. Therefore, it could be wise to avoid fundamentally weak retail stocks Ollie's Bargain Outlet (OLLI), Five Below (FIVE), and Wesfarmers (WFAFY). Keep reading….

Cutting Losses In Swing Trading Doesn't Mean Giving Up

Cutting Losses In Swing Trading Doesn't Mean Giving Up

Cutting losses quickly is so important for swing trading because you will be wrong. A lot. So protect yourself.

Investors Business Daily

OLLI Stock Pops, Discount Retail Stocks Rise As Recession Risk Grows

OLLI Stock Pops, Discount Retail Stocks Rise As Recession Risk Grows

Discount retail stocks are holding up as economists flag a recession risk. Several, including OLLI stock, are near buy points.

Investors Business Daily

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Is Ollie's Bargain Outlet a Good Stock to Buy Now?

Shares of leading discount chain Ollie's Bargain Outlet (OLLI) surged recently after the company reported a better-than-expected second-quarter, same-store sales outlook. However, the retailer’s disappointing financial performance in the first quarter could rattle investors. Moreover, given that blistering inflation and declining consumer sentiment can weigh heavy on the retail chain,…

Ollie's Bargain Outlet Gets Boost From RBC, Citing 'Increase' In Quality Of Deals

Although Ollie's Bargain Outlet Holdings Inc. (NASDAQ: OLLI) reported another tough quarter, its fundamentals are poised to improve in the second half of the year and beyond, according to RBC Capital Markets.

Stock Market Shows Weakness In Late Trading; Roku And Ollie's Up

Indexes are trading in a range in choppy action.

Investors Business Daily

Q1 Miss, FY22 Outlook Cut, CFO Departure: Lots Going On With Ollie's Bargain Outlet

Ollie's Bargain Outlet Holdings Inc (NASDAQ:OLLI) reported a first-quarter FY22 sales decline of 10.1% year-on-year to $406.67 million, missing the consensus of $417.24 million. Comparable store sales decreased 17.3% in Q1 versus an 18.8% increase last year. Gross profit fell 22.6% Y/Y to $141.3 million, with the margin contracting 560 basis points to…

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Why This Analyst Believes Ollie's Bargain Outlet Is Headed For A Spike

Why This Analyst Believes Ollie's Bargain Outlet Is Headed For A Spike

Ollie's Bargain Outlet Holdings Inc’s (NASDAQ: OLLI) momentum could turn positive in the coming quarters, according to Wells Fargo.

Ollie's Bargain Outlet Down After Q4 Results Miss Revenue Estimate, Weak Margins; Provides FY22 Guidance

Ollie's Bargain Outlet Down After Q4 Results Miss Revenue Estimate, Weak Margins; Provides FY22 Guidance

Ollie's Bargain Outlet Holdings Inc (NASDAQ:OLLI) reported a fourth-quarter sales decline of 2.8% year-over-year to $501.1 million, missing the consensus of $513.13 million. Comparable store sales decreased 10.5% from the prior year's increase of 8.8%. Comparable store sales decreased 2% compared with the fourth quarter of fiscal 2019. OLLI opened…

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