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:   2024-03-20T23:59:59+00:00
Accession:  0001140361-24-014235
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1639300/000114036124014235/0001140361-24-014235-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1639300/000114036124014235/ef20024553_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-014235

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