|Bid||0.00 x 1000|
|Ask||0.00 x 900|
|Day's Range||58.83 - 60.75|
|52 Week Range||53.60 - 103.03|
|Beta (3Y Monthly)||0.89|
|PE Ratio (TTM)||28.87|
|Earnings Date||Dec 10, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||73.67|
Ollie's Bargain Outlet (OLLI) delivered earnings and revenue surprises of 5.13% and 1.31%, respectively, for the quarter ended October 2019. Do the numbers hold clues to what lies ahead for the stock?
Ollie's Bargain Outlet Holdings Inc. shares rallied 12% in the extended session Tuesday after the retailer reported third-quarter results above Wall Street expectations and named a new chief executive. Ollie's said its board has appointed John Swygert as the company's president and CEO, effective immediately. Swygert has been interim CEO since Dec. 2 after the death of company's founder Mark Butler. Swygert, Ollie's former chief operating officer and chief financial officer, worked alongside Butler for nearly 16 years, the company said. In a separate press release, the company reported third-quarter earnings that topped analyst views. Ollie's said it earned $27 million, or 41 cents a share, in the quarter, compared with $24.8 million, or 38 cents a share, in the year-ago quarter. Adjusted for one-time items, Ollie's earned $26.8 million, or 41 cents a share, compared with $21 million, or 32 cents a share, in the year-ago quarter. Sales rose 15% to $327 million, from $284 million a year ago. Analysts polled by FactSet had expected the company to report GAAP and adjusted earnings of 38 cents a share on sales of $323 million.
HARRISBURG, Pa., Dec. 10, 2019 -- Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) today reported financial results for the third quarter ended November 2, 2019 and.
Ollie’s Bargain Outlet Holdings, Inc. (OLLI) today announced that its board of directors has named John Swygert President and Chief Executive Officer and member of its board of directors, effective immediately. Mr. Swygert has been interim President and Chief Executive Officer since December 2, 2019 after the unexpected passing of the Company’s founder, Mark Butler.
Revisions to Q3 Productivity and Unit Labor Cost both came in lower than expected, while AutoZone (AZO) beat estimates on top and bottom lines.
Ollie's Bargain Outlet (NASDAQ: OLLI ) announces its next round of earnings this Tuesday, December 10. Here is Benzinga's everything-that-matters guide for the Q3 earnings announcement. Earnings and Revenue ...
Is Ollie's Bargain Outlet Holdings Inc (NASDAQ:OLLI) a good equity to bet on right now? We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks among hedge fund investors have historically outperformed the […]
Ollie's Bargain Outlet (OLLI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
(Bloomberg) -- Ollie’s Bargain Outlet Holdings Inc. fell the most since August after the discount chain’s chief executive and founder Mark Butler died suddenly over Thanksgiving.Butler, who was 61, had led the company as CEO since 2003. The stock had more than tripled since its 2015 listing, reaching a peak market capitalization value of $6.4 billion in May.A disappointing second quarter has sent shares down by more than 20% since late August. Missteps included a decline in same-store sales and earnings that fell short of estimates. Loop Capital said at the time that Ollie’s needs to “right the ship” after management failed to foresee supply chain issues. Now, the death of its founder may exacerbate these concerns.“It’s difficult to argue that Mr. Butler wasn’t a key operational figure in the Ollie’s organization,” RBC analyst Scot Ciccarelli wrote in a note to clients, although he said the retailer had been working on a succession plan for the last two years. Ollie’s operating chief, John Swygert, will take over as interim president and CEO, the company said on Monday.Bearish bets against the company represent almost 18% of available shares, or $638 million, according to data from financial analytics firm, S3 Partners. Short sellers have made roughly $52 million off today’s stock drop, S3’s Matthew Unterman said by phone. That’s in addition to the $42 million they had made so far this year through last week.Ollie’s shares fell as much as 10% to as low as $58.84, the lowest since Oct. 14. The stock, which has 11 buy recommendations, four holds and zero sell recommendations by analysts, has fallen about 10% so far this year.While “Butler’s presence and deep knowledge of the closeout business will be missed,” Ciccarelli wrote, “it is highly unlikely to derail the company’s long-term performance or growth potential.”To contact the reporters on this story: Cristin Flanagan in New York at firstname.lastname@example.org;Janet Freund in New York at email@example.comTo contact the editors responsible for this story: Catherine Larkin at firstname.lastname@example.org, Jonathan Roeder, Sally BakewellFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. We'll look at Ollie's...
The board of directors of Ollie’s Bargain Outlet Holdings, Inc. (OLLI) today announced with profound sadness that Founder, Chairman of the Board, President and CEO Mark Butler, 61, passed away unexpectedly yesterday while spending the Thanksgiving Holiday weekend with his family. “Mark was an exceptional entrepreneur, merchant, leader, philanthropist, friend and family man,” said board member Richard Zannino on behalf of the entire board of directors. Effective immediately, the board of directors has named John Swygert as interim President and CEO.
Ollie's Bargain Outlet shares slumped on Monday after the discount retailer said Chairman, President and CEO Mark Butler died unexpectedly on Sunday. Butler was 61; a statement from Ollie's didn't disclose a cause of death.
HARRISBURG, Pa., Nov. 27, 2019 -- Ollie’s Bargain Outlet Holdings, Inc. (Nasdaq: OLLI) announced today that it will release its financial results for the third quarter of.
Ollie's Bargain's (OLLI) business model of "buying cheap and selling cheap", focus on store productivity and expansion of customer reward program are likely to fuel the fiscal third-quarter top line.
NEW YORK, NY / ACCESSWIRE / November 18, 2019 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate ...
NEW YORK , Nov. 18, 2019 /PRNewswire/ -- Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Ollie's Bargain Outlet Holdings, ...
NEW YORK, NY / ACCESSWIRE / November 18, 2019 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. To determine ...
LOS ANGELES, CA / ACCESSWIRE / November 18, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Ollie's Bargain Outlet Holdings, Inc. ("Ollie's" or "the Company") (NASDAQ:OLLI) for violations of the Federal securities laws.Investors who purchased the Company's shares between June 6, 2019 and August 28, 2019, inclusive (the ''Class Period''), are encouraged to contact the firm before November 18, 2019. You can also reach us through the firm's website at www.schallfirm.com, or by email at email@example.com.
NEW YORK, Nov. 18, 2019 -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) from.
NEW YORK, NY / ACCESSWIRE / November 18, 2019 / Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Ollie's Bargain Outlet Holdings, Inc. ("Ollie's" ...
NEW YORK, Nov. 18, 2019 -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies..
SAN FRANCISCO, CA / ACCESSWIRE / November 18, 2019 / Hagens Berman alerts Ollie's Bargain Outlet (NASDAQ:OLLI) investors of today's deadline to move for lead plaintiff in a securities fraud class action ...