OLLI - Ollie's Bargain Outlet: Solid Q1 2024 Performance Supports My Bullish View
2024-06-17 12:29:32 ET
Summary
- Remain bullish on OLLI as it should continue to benefit from the weak macro environment.
- OLLI reported strong 1Q24 results with sales and margin exceeding expectations.
- Expect OLLI to continue growing at 10% and expand margins, and should continue to trade at a premium to peers.