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:   2021-12-02T23:59:59+00:00
Accession:  0001140361-21-040100
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ollie's Q3 net sales down 7.5% to $383.5M, comp store sales -15.5%; announces $200M buyback
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- Net sales $383.5M vs $414.4M YoY, down 7.5%; comparable store sales fell 15.5%.
- Diluted EPS $0.36 (GAAP), down from $0.68; adjusted EPS $0.34 vs $0.65.
- Operating income $30.2M, down 47.7%; adjusted operating margin 7.8% vs 13.9%.
- Supply chain headwinds, including import delays and higher costs, pressured results.
- Board authorized additional $200M share repurchase; Q3 saw $164.7M in buybacks.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1639300/000114036121040100/0001140361-21-040100-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1639300/000114036121040100/brhc10031458_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-21-040100

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