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Ollie’s Bargain Outlet delivered a strong Q2 FY2025, beating expectations on revenue and earnings, supported by robust store growth and a rise in comparable store sales.
Ollie’s Bargain Outlet delivered solid Q1 FY25 results with revenue and earnings exceeding expectations. Store expansion played a key role, including 18 locations acquired from Big Lots.
Ollie’s Bargain Outlet Holdings, Inc. saw a 2.8% increase in net sales and comparable store sales in Q4 2024. Despite this growth, operating income and net income were lower due to higher SG&A and pre-opening expenses. The company continued its expansion with 13 new stores and maintains a strong balance sheet.