---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-056448"
form_type: "8-K"
ticker: "OLLI"
cik: "0001639300"
company_name: "Ollie's Bargain Outlet Holdings, Inc."
filed_at: "2023-12-06T23:59:59+00:00"
generated_at: "2026-06-07T17:07:59.692575+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Ollie's Q3 earnings beat; comps up 7.0%; raises FY sales and earnings guidance

## Summary
- Net sales $480.1M (+14.8% YoY); comp store sales +7.0% (vs +1.9% prior year).
- Diluted EPS $0.51 (+37.8% YoY); adjusted EPS $0.51; adjusted EBITDA $51.1M (+29.5%).
- Raised FY23 guidance: net sales $2.097-2.104B, comp sales +5.3-5.6%, adj. EPS $2.77-2.83.
- Opened 23 new stores in Q3; total store count 505 in 30 states (+9.1% YoY).
- Share repurchase authorization extended to March 31, 2026; $98.4M remaining capacity.

## SEC filing metadata
- accession: 0001140361-23-056448
- form_type: 8-K
- ticker: OLLI
- cik: 0001639300
- company_name: Ollie's Bargain Outlet Holdings, Inc.
- filed_at: 2023-12-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1639300/000114036123056448/0001140361-23-056448-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1639300/000114036123056448/ef20016093_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-056448
- JSON: https://secwatch.observer/filing/0001140361-23-056448.json
- Plain text: https://secwatch.observer/filing/0001140361-23-056448.txt

## Key facts
- Earnings Releases
  Ollie's Bargain Outlet Holdings, Inc. reported the third quarter ended October 28, 2023 results: revenue $480.1 million, net income $31.8 million, or $0.51 per diluted share, EPS $0.51 per diluted share. Guidance raised.
  - Period: the third quarter ended October 28, 2023
  - Revenue: $480.1 million
  - Net income: $31.8 million, or $0.51 per diluted share
  - EPS: $0.51 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: Inc. (NASDAQ: OLLI) (the “Company”) today reported financial results for the third quarter ended October 28, 2023. Third Quarter Summary: • Total net sales increased 14.8% to $480.1 million. • Comparable store sales increased 7.0% from the prior year increase of 1.9%. • The Company opened 23 new stores, ending the quarter with 505 stores in 30 states, a
  evidence_url: https://www.sec.gov/Archives/edgar/data/1639300/000114036123056448/0001140361-23-056448-index.htm

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