2024-03-20 13:10:30 ET
Summary
- Ollie's Bargain Outlet Holdings, Inc. reported strong Q4 performance with net income and sales growth.
- Forward guidance for 2024 shows positive growth opportunities, but slightly mixed guidance.
- The company has a strong balance sheet, pretty much no debt, and is buying back shares, making it a good long-term investment to hold here.
We have continued to have a hold rating on Ollie's Bargain Outlet Holdings, Inc. ( OLLI ). We think a Hold rating is still appropriate given the growth and valuation mix here. The company continues to execute, but the stock remains in a sideways pattern....
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Ollie's Bargain Outlet Holdings Continues To Execute