Ollie's Bargain Outlet Hldg (NASDAQ: OLLI) — Company Overview, News & Financial Data
Ollie's Bargain Outlet is a discount retailer offering a variety of merchandise at reduced prices.
Ollie's Bargain Outlet Hldg
Ollie's Bargain Outlet (NASDAQ:OLLI) operates as a discount retailer offering a variety of merchandise, including housewares, food, books, and toys, often at significantly reduced prices. With a chain of stores across the United States, Ollie's Bargain Outlet's business model focuses on purchasing overstock and out-of-season goods from suppliers and selling them at a bargain to value-conscious consumers. The company's projects include expanding its store footprint, enhancing its supply chain efficiency, and continually updating its inventory to keep offerings fresh and appealing. Objectives for Ollie's Bargain Outlet include driving sustainable growth, expanding its customer base, and maintaining its position as a go-to destination for bargain hunters looking for quality goods at discounted prices.
Snapshot
Operations
Products and/or services of Ollie's Bargain Outlet Hldg
- Deep discount retail stores with a rotating inventory of bargain merchandise, emphasizing closeouts and overstock deals.
- Ollie's Army loyalty program, rewarding frequent shoppers with special discounts and offers.
- Direct-to-consumer online sales platform, allowing customers to access bargain deals remotely.
- Private label products, offering customers lower-priced alternatives under the Ollie's brand.
- Seasonal events and promotional sales, targeting holidays and special occasions to drive foot traffic and increase sales.
- Expansion and renovation of store locations, enhancing the shopping experience and reaching new markets.
Ollie's Bargain Outlet Hldg executive team
- John W. Swygert Jr.Executive Chairman
- Eric van der ValkPresident, CEO & Director
- Robert F. HelmExecutive VP & CFO
- Christopher M. ZenderExecutive VP & COO
- Larry KrausSenior VP & Chief Information Officer
- Jared E. ShureSenior VP, General Counsel & Corporate Secretary
- John P. RouleauManaging Director of Corporate Communications & Business Development
- Tom KuypersSenior Vice President of Marketing & Advertising
- Shane ThorntonSenior Vice President & General Merchandise Manager
- Lyn Rhoads WaltherExecutive
Key financials
Reported results for Ollie's Bargain Outlet Hldg, in USD.
- Market cap
- 5.5B
- Revenue (TTM)
- 2.8B
- P/E ratio
- 20.7
- EPS (diluted, TTM)
- 4.5
- Dividend yield
- —
- Profit margin
- 9.8%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 2.6B | 322.9M | 240.6M | |
| 2.3B | 249.5M | 199.8M | |
| 2.1B | 227.8M | 181.4M | |
| 1.8B | 130.9M | 102.8M |