---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-21-029461"
form_type: "8-K"
ticker: "OLLI"
cik: "0001639300"
company_name: "Ollie's Bargain Outlet Holdings, Inc."
filed_at: "2021-08-26T23:59:59+00:00"
generated_at: "2026-06-29T07:35:30.730729+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Ollie's Q2 net sales drop 21.4% to $415.9M; diluted EPS $0.52 vs $1.50 last year

## Summary
- Comparable store sales -28.0% YoY, but two-year stack +15.3% from 2019 record.
- Adjusted EBITDA $54.1M, down 45.6% from $99.4M; margin 13.0% vs 18.8%.
- Opened 12 new stores, ending quarter with 409 stores in 28 states.
- No FY2021 guidance provided due to COVID uncertainty and supply chain challenges.
- Repurchased 319,556 shares for $25.7M during Q2; $164.7M remaining on buyback program.

## SEC filing metadata
- accession: 0001140361-21-029461
- form_type: 8-K
- ticker: OLLI
- cik: 0001639300
- company_name: Ollie's Bargain Outlet Holdings, Inc.
- filed_at: 2021-08-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1639300/000114036121029461/0001140361-21-029461-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1639300/000114036121029461/brhc10028422_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-21-029461
- JSON: https://secwatch.observer/filing/0001140361-21-029461.json
- Plain text: https://secwatch.observer/filing/0001140361-21-029461.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.