Trade Ollie's Bargain Outlet Holdings Inc - OLLI CFD

Ollies Bargain Outlet Holdings Inc Company profile

About Ollie's Bargain Outlet Holdings Inc

Ollie's Bargain Outlet Holdings, Inc. is a retailer of brand name merchandise. The Company principally buys overproduced, overstocked, and closeout merchandise from manufacturers, wholesalers and other retailers. It offers customers a range of brand name products, including housewares, bed and bath, food, floor coverings, health and beauty aids, books and stationery, toys and electronics. Its warehouse format stores feature a range of categories including housewares, bed and bath, food, floor coverings, health and beauty aids, books and stationery, toys and electronics, as well as other products, including hardware, candy, clothing, sporting goods, pet and lawn and garden products. The Company operates approximately 409 retail locations in 28 states in the United States. Its retail locations are located in Alabama, Arkansas, Connecticut, Delaware, Florida, Georgia, Indiana, Kansas, Kentucky, Louisiana and other areas.

Financial summary

BRIEF: For the 39 weeks ended 30 October 2021, Ollie's Bargain Outlet Holdings Inc revenues decreased 3% to $1.25B. Net income decreased 37% to $112.7M. Revenues reflect Retail Sales - Total decrease of 3% to $1.25B. Net income also reflects Merchandise Margins - Total - % decrease of 1% to 39.8%, Depreciation and amortization expenses increase of 15% to $14.1M (expense).