Ollie's Bargain Outlet Reports Strong Q4 and Fiscal Year 2024 Results
March 19, 2025 - 20:56
Ollie's Bargain Outlet Holdings, Inc. has announced its financial performance for the fourth quarter and the entire fiscal year 2024, showcasing a solid increase in comparable store sales. For the fourth quarter, comparable store sales rose by 2.8%, reflecting a positive trend in customer engagement and purchasing behavior. The company reported total net sales of $667.1 million during this period.
Earnings per share for the fourth quarter stood at $1.11, while adjusted earnings per share were reported at $1.19, indicating robust profitability and effective cost management. These results demonstrate the company's resilience in a competitive retail landscape.
Looking ahead, Ollie's is setting ambitious goals for fiscal 2025, with plans to open 75 new stores. This expansion strategy aims to enhance its market presence and cater to a growing customer base, positioning the company for continued growth in the coming years.
MORE NEWS
July 7, 2026 - 01:06
Cybersecurity stocks are starting to catch up to chip growthAfter lagging behind the explosive growth of semiconductor companies for much of the past two years, cybersecurity stocks are now taking the lead in 2026. According to Yahoo Finance Markets and...
July 6, 2026 - 17:52
COVID Tax Returns: Are you eligible to get them and what is the deadline to apply for them?Millions of Americans may still be owed money from COVID-era tax credits, but claiming those funds requires action before a looming deadline. The Internal Revenue Service has been notifying...
July 5, 2026 - 17:25
Campaign finance ruling could tighten ties between donors, parties and candidatesMADISON, Wis. - The U.S. Supreme Court this week removed federal limits on how much money national political party committees can spend in direct coordination with their candidates, a decision that...
July 5, 2026 - 00:20
1 Unstoppable Stock to Buy Before It Joins Google, Apple, Microsoft, and Nvidia in the $3 Trillion ClubTaiwan Semiconductor Manufacturing Company, better known as TSMC, is quietly positioning itself to join the most exclusive club in the stock market. Right now, only four companies have reached a...