---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-014235"
form_type: "8-K"
ticker: "OLLI"
cik: "0001639300"
company_name: "Ollie's Bargain Outlet Holdings, Inc."
filed_at: "2024-03-20T23:59:59+00:00"
generated_at: "2026-06-04T11:41:31.449365+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Ollie's Q4 EPS $1.23 up 44.7% YoY; raises long-term store target to 1,300

## Summary
- Q4 net sales $648.9M (+18.0% YoY); comp store sales +3.9%; operating margin 15.0%.
- FY 2023 net sales $2.103B (+15.1%); diluted EPS $2.92 vs $1.64; adjusted EPS $2.91.
- Raised long-term store target to 1,300 from 1,050; ended Q4 with 512 stores in 30 states.
- FY 2024 guidance: net sales $2.248-2.273B, comp +1-2%, adjusted EPS $3.10-$3.20.
- Repurchased $52.5M in shares in FY 2023; $85.7M remaining under buyback authorization.

## SEC filing metadata
- accession: 0001140361-24-014235
- form_type: 8-K
- ticker: OLLI
- cik: 0001639300
- company_name: Ollie's Bargain Outlet Holdings, Inc.
- filed_at: 2024-03-20T23:59:59+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/1639300/000114036124014235/0001140361-24-014235-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1639300/000114036124014235/ef20024553_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-014235
- JSON: https://secwatch.observer/filing/0001140361-24-014235.json
- Plain text: https://secwatch.observer/filing/0001140361-24-014235.txt

## Key facts
- Earnings Releases
  Ollie's Bargain Outlet Holdings, Inc. reported full-year fiscal 2023 results: net income $181.4 million, EPS $2.92 per diluted share. Guidance raised.
  - Period: full-year fiscal 2023
  - Net income: $181.4 million
  - EPS: $2.92 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: Net income totaled $181.4 million, or $2.92 per diluted share, as compared with net income of $102.8 million, or $1.64 per diluted share, in the prior year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1639300/000114036124014235/0001140361-24-014235-index.htm
- Earnings Releases
  Ollie's Bargain Outlet Holdings, Inc. reported fourth quarter of fiscal 2023 results: net income $76.5 million, EPS $1.23 per diluted share. Guidance raised.
  - Period: fourth quarter of fiscal 2023
  - Net income: $76.5 million
  - EPS: $1.23 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: Net income increased 44.1% to $76.5 million, or $1.23 per diluted share, in the fourth quarter of fiscal 2023 compared with net income of $53.1 million, or $0.85 per diluted share, in the fourth quarter of fiscal 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1639300/000114036124014235/0001140361-24-014235-index.htm

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