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home / news releases / OLLI - Ollie's capitalizes on cash-strapped consumer as Q1 profits rise ~50%

OLLI - Ollie's capitalizes on cash-strapped consumer as Q1 profits rise ~50%

Ollie's Bargain Outlet Holdings Inc.

2024-06-05 08:57:15 ET

Shares of Ollie’s Bargain Outlet ( NASDAQ: OLLI ) were set to open at a 3-year high and trade in the green for the ninth time in ten days as price-sensitive consumers continued to flock to the discount retailer, evidenced by an 11% increase in Q1 sales and as the company’s profit swelled by nearly 50% from a year ago. ...

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Ollie's capitalizes on cash-strapped consumer as Q1 profits rise ~50%
Stock Information
Company Name: Ollie's Bargain Outlet Holdings Inc.
Stock Symbol: OLLI
Market: NASDAQ
Website: ollies.us
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