Ollie's Bargain Outlet Holdings, Inc. is a holding company, which engages in the retail of closeouts, excess inventory, and salvage merchandise. It offers overstocks, package changes, manufacturer refurbished goods, and irregulars. The company's products include housewares, food, books and stationery, bed and bath, floor coverings, electronics and toys. The company was founded by Mark Butler, Mort Bernstein, Oliver Rosenberg and Harry Coverman on July 29, 1982 and is headquartered in Harrisburg, PA.
Industry, Sector and Symbol
Industry Variety stores
Sub-IndustryN/A
SectorConsumer Staples
Phone717-657-2300
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.08 billion
Profitability
Miscellaneous
Employees6,700
Next Earnings Date3/26/2019 (Confirmed)
OptionableOptionable
Ollie's Bargain Outlet (NASDAQ:OLLI) Frequently Asked Questions
What is Ollie's Bargain Outlet's stock symbol?
Ollie's Bargain Outlet trades on the NASDAQ under the ticker symbol "OLLI."
How were Ollie's Bargain Outlet's earnings last quarter?
Ollie's Bargain Outlet Holdings Inc (NASDAQ:OLLI) announced its earnings results on Wednesday, September, 5th. The company reported $0.40 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.36 by $0.04. The firm earned $288.10 million during the quarter, compared to analyst estimates of $284.19 million. Ollie's Bargain Outlet had a net margin of 12.89% and a return on equity of 12.66%. Ollie's Bargain Outlet's revenue was up 13.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.27 EPS. View Ollie's Bargain Outlet's Earnings History.
When is Ollie's Bargain Outlet's next earnings date?
How can I listen to Ollie's Bargain Outlet's earnings call?
Ollie's Bargain Outlet will be holding an earnings conference call on Tuesday, March 26th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8002197052.
What guidance has Ollie's Bargain Outlet issued on next quarter's earnings?
Ollie's Bargain Outlet issued an update on its FY19 earnings guidance on Friday, January, 11th. The company provided earnings per share (EPS) guidance of $1.81 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.77. The company issued revenue guidance of $1.245 billion, compared to the consensus revenue estimate of $1.23 billion.
What price target have analysts set for OLLI?
14 brokers have issued 1-year target prices for Ollie's Bargain Outlet's stock. Their forecasts range from $69.00 to $108.00. On average, they expect Ollie's Bargain Outlet's stock price to reach $88.00 in the next twelve months. This suggests a possible upside of 10.2% from the stock's current price. View Analyst Price Targets for Ollie's Bargain Outlet.
What is the consensus analysts' recommendation for Ollie's Bargain Outlet?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ollie's Bargain Outlet in the last year. There are currently 7 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ollie's Bargain Outlet.
Has Ollie's Bargain Outlet been receiving favorable news coverage?
News headlines about OLLI stock have been trending very negative recently, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ollie's Bargain Outlet earned a news sentiment score of -3.6 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near term.
Who are some of Ollie's Bargain Outlet's key competitors?
What other stocks do shareholders of Ollie's Bargain Outlet own?
Who are Ollie's Bargain Outlet's key executives?
Ollie's Bargain Outlet's management team includes the folowing people:
- Mark Butler, Chairman, President & Chief Executive Officer
- John W. Swygert, Chief Operating Officer, Secretary & Executive VP
- Jay Stasz, CFO, Principal Accounting Officer & Senior VP
- Robert Bertram, Vice President & General Counsel
- Howard Freedman, Vice President-Merchandising
When did Ollie's Bargain Outlet IPO?
(OLLI) raised $125 million in an IPO on Thursday, July 16th 2015. The company issued 8,900,000 shares at $13.00-$15.00 per share. J.P. Morgan, Jefferies and BofA Merrill Lynch acted as the underwriters for the IPO and Credit Suisse, Piper Jaffray, KeyBanc Capital Markets and RBC Capital Markets were co-managers.
Who are Ollie's Bargain Outlet's major shareholders?
Ollie's Bargain Outlet's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.18%), FMR LLC (3.66%), Kayne Anderson Rudnick Investment Management LLC (3.23%), Eagle Asset Management Inc. (1.70%), Bank of New York Mellon Corp (1.57%) and Dimensional Fund Advisors LP (1.34%). Company insiders that own Ollie's Bargain Outlet stock include Howard Freedman, Jay Stasz, John W Swygert, Kenneth Robert Bertram, Kevin Mclain, Mark L Butler, Omar Segura and Thomas Hendrickson. View Institutional Ownership Trends for Ollie's Bargain Outlet.
Which major investors are selling Ollie's Bargain Outlet stock?
OLLI stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Kayne Anderson Rudnick Investment Management LLC, Bank of America Corp DE, Prudential Financial Inc., Eagle Asset Management Inc., Cookson Peirce & Co. Inc., New York State Common Retirement Fund and Dimensional Fund Advisors LP. Company insiders that have sold Ollie's Bargain Outlet company stock in the last year include Jay Stasz, John W Swygert, Kenneth Robert Bertram, Kevin Mclain, Mark L Butler and Omar Segura. View Insider Buying and Selling for Ollie's Bargain Outlet.
Which major investors are buying Ollie's Bargain Outlet stock?
OLLI stock was bought by a variety of institutional investors in the last quarter, including Squarepoint Ops LLC, Norges Bank, Millennium Management LLC, Massachusetts Financial Services Co. MA, Canada Pension Plan Investment Board, Mackenzie Financial Corp, Geode Capital Management LLC and Geode Capital Management LLC. View Insider Buying and Selling for Ollie's Bargain Outlet.
How do I buy shares of Ollie's Bargain Outlet?
Shares of OLLI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Ollie's Bargain Outlet's stock price today?
One share of OLLI stock can currently be purchased for approximately $79.89.
How big of a company is Ollie's Bargain Outlet?
Ollie's Bargain Outlet has a market capitalization of $5.02 billion and generates $1.08 billion in revenue each year. The company earns $127.59 million in net income (profit) each year or $1.25 on an earnings per share basis. Ollie's Bargain Outlet employs 6,700 workers across the globe.
What is Ollie's Bargain Outlet's official website?
How can I contact Ollie's Bargain Outlet?
Ollie's Bargain Outlet's mailing address is 6295 ALLENTOWN BOULEVARD SUITE 1, HARRISBURG PA, 17112. The company can be reached via phone at 717-657-2300 or via email at [email protected]
MarketBeat Community Rating for Ollie's Bargain Outlet (NASDAQ OLLI)
MarketBeat's community ratings are surveys of what our community members think about Ollie's Bargain Outlet and other stocks. Vote "Outperform" if you believe OLLI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OLLI will underperform the S&P 500 over the long term. You may vote once every thirty days.
