Ollie's Bargain Outlet Holdings Inc Stock News

Ollie's Bargain Outlet got a double upgrade Wednesday and a huge price target hike amid a possible Trump tariffs benefit. OLLI stock rose.

I recommend a buy rating for Ollie's Bargain Outlet due to its solid growth outlook and market willingness to attach a premium multiple. OLLI's fundamentals remain strong despite temporary headwinds, with new store openings driving growth and potential real estate acquisitions from Big Lots. Investors should note the high valuation risk; any earnings miss could lead to a sharp share price decline.

US consumer prices increased 0.3% for the month to bump the annual rate of inflation to 2.7% in November, as per data the Bureau of Labour Statistics reported on Wednesday. Higher inflation tends to weigh on consumer spending which can negatively affect retail sales.

Garmin stock, along with Ollie's Bargain Outlet, are among the best stocks to watch on the stock market today. The post One Of IBD's Best Screens Identifies These Four Market Leaders, Including Garmin, Ollie's appeared first on Investor's Business Daily.

Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI ) Q3 2024 Earnings Conference Call December 10, 2024 8:30 AM ET Company Participants John Swygert - Chief Executive Officer Eric van der Valk - President Robert Helm - Executive Vice President & Chief Financial Officer Conference Call Participants Matthew Boss - JPMorgan Peter Keith - Piper Sandler Bradley Thomas - KeyBanc Capital Markets Chuck...

Ollie's Bargain Outlet and United Natural Foods both topped earnings estimates, lifting the retail stocks early Tuesday. The post Ollie's Rockets On Earnings; United Natural Foods Beats And Raises appeared first on Investor's Business Daily.

The bankruptcy of Big Lots is helping Ollie's Bargain Outlet's new store pipeline as the discount retailer's bottom line benefits from an increased number of locations.

~ Net Sales increased 7.8% ~ ~ Earnings per Share increased 13.7% to $0.58 ~ ~ Opened Record 24 new stores this quarter ~ HARRISBURG, Pa., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) today reported financial results for the third quarter ended November 2, 2024.