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:   2023-03-22T23:59:59+00:00
Accession:  0001140361-23-012944
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ollie's Q4 net sales up 9.7%, comp +3.0%; EPS $0.85; initiates FY23 guidance
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- Q4 net sales $549.8M (+9.7% YoY); comparable store sales +3.0% vs -10.5% prior year.
- Q4 diluted EPS $0.85 (+19.7% YoY); adjusted EPS $0.84 (+21.7% YoY).
- Gross margin expanded 110 bps to 37.6% on lower supply chain costs.
- FY23 guidance: net sales $2.036-2.058B, comp +1-2%, adj. EPS $2.49-2.58, 45 new stores.
- FY22 ended with $270.8M cash, $41.8M in share repurchases, no debt drawn on revolver.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1639300/000114036123012944/0001140361-23-012944-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1639300/000114036123012944/brhc10050096_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-012944

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