secwatch.observer — SEC 8-K summary
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Issuer:     Ollie's Bargain Outlet Holdings, Inc. (OLLI)
CIK:        0001639300
Form:       8-K
Filed at:   2021-08-26T23:59:59+00:00
Accession:  0001140361-21-029461
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1639300/000114036121029461/0001140361-21-029461-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1639300/000114036121029461/brhc10028422_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-21-029461

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer