---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-044663"
form_type: "8-K"
ticker: "OLLI"
cik: "0001639300"
company_name: "Ollie's Bargain Outlet Holdings, Inc."
filed_at: "2022-12-07T23:59:59+00:00"
generated_at: "2026-06-21T08:09:17.381577+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ollie's Q3 sales up 9% to $418M, comps +1.9%; FY comp guidance negative -3.8% to -3.3%

## Summary
- Net sales $418.1M (+9.0% YoY); comparable store sales +1.9%.
- Operating income $29.5M (-2.3%); operating margin 7.1% down 80 bps.
- Adjusted EPS $0.37 vs $0.34 prior year; adjusted EBITDA $39.5M (+4.1%).
- Fiscal 2022 outlook: net sales $1.817-1.827B, comp store sales -3.8% to -3.3%, adjusted EPS $1.57-1.62.
- Q4 outlook: net sales $540-550M, comp store sales flat to +2%, adjusted EPS $0.78-0.83.

## SEC filing metadata
- accession: 0001140361-22-044663
- form_type: 8-K
- ticker: OLLI
- cik: 0001639300
- company_name: Ollie's Bargain Outlet Holdings, Inc.
- filed_at: 2022-12-07T23:59:59+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/1639300/000114036122044663/0001140361-22-044663-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1639300/000114036122044663/brhc10045146_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-044663
- JSON: https://secwatch.observer/filing/0001140361-22-044663.json
- Plain text: https://secwatch.observer/filing/0001140361-22-044663.txt

## Key facts
- Earnings Releases
  Ollie's Bargain Outlet Holdings, Inc. reported the third quarter ended October 29, 2022 results: revenue $418.1 million, net income $23.1 million, EPS $0.37 per diluted share.
  - Period: the third quarter ended October 29, 2022
  - Revenue: $418.1 million
  - Net income: $23.1 million
  - EPS: $0.37 per diluted share
  - Result: reported results
  source text: Ollie’s Bargain Outlet Holdings, Inc. Reports Third Quarter Fiscal 2022 Financial Results HARRISBURG, PA – December 7, 2022 – Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) today reported financial results for the third quarter ended October 29, 2022. Third Quarter Summary: • Total net sales increased 9.0% to $418.1 million. • Comparable store sales increased 1.9%. • The Company opened 15 new stores and closed one store, ending the quarter with 463 stores in 29 states, a year-over-year increase in store count of 8.7%. • Operating income decreased 2.3% to $29.5 million and operating margin decreased 80 basis points to 7.1%. • Net income was $23.1 million, or $0.37 per diluted share, as compared with $23.2 million, or $0.36 per diluted share, in the prior year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1639300/000114036122044663/0001140361-22-044663-index.htm

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