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The Latest Breaking News from OLLI

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

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

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

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.

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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…

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 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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