---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-031854"
form_type: "8-K"
ticker: "OLLI"
cik: "0001639300"
company_name: "Ollie's Bargain Outlet Holdings, Inc."
filed_at: "2022-09-01T23:59:59+00:00"
generated_at: "2026-06-23T17:35:29.368491+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ollie's Q2: net income $14.1M ($0.22/sh) vs $34.3M; gross margin down 750 bps

## Summary
- Net sales $452.5M (+8.8% YoY); comparable store sales +1.2%.
- Gross margin 31.7% (down from 39.2%) on higher supply chain costs and lower merch margin.
- Operating income $16.5M, down 63.8%; operating margin 3.7% vs 11.0%.
- FY2022 guidance: net sales $1.843-1.861B, comp sales -2.5% to -1.5%.
- Q3 comp sales expected +3.5% to +5.5%; repurchased $10M stock in Q2.

## SEC filing metadata
- accession: 0001140361-22-031854
- form_type: 8-K
- ticker: OLLI
- cik: 0001639300
- company_name: Ollie's Bargain Outlet Holdings, Inc.
- filed_at: 2022-09-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1639300/000114036122031854/0001140361-22-031854-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1639300/000114036122031854/brhc10041502_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-031854
- JSON: https://secwatch.observer/filing/0001140361-22-031854.json
- Plain text: https://secwatch.observer/filing/0001140361-22-031854.txt

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