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:   2024-08-29T23:59:59+00:00
Accession:  0001140361-24-039085
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ollie's Bargain Outlet Q2 beat: EPS $0.79, comps +5.8%, raises FY guidance
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- Q2 net sales $578.4M (+12.4% YoY); comp store sales +5.8%; operating income $60.8M (+15.6%).
- GAAP diluted EPS $0.79 (up 16.2% YoY); adjusted EPS $0.78 (up 16.4% YoY).
- Raised FY2024 outlook: net sales $2.276-$2.291B, comp +2.7% to +3.2%, adj. EPS $3.22-$3.30.
- Opened 9 new stores in Q2; total 525 stores; plans 50 net new stores for FY.
- Repurchased 81,340 shares for $6.4M; $54.2M remaining under share repurchase program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1639300/000114036124039085/0001140361-24-039085-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1639300/000114036124039085/ef20035010_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-039085

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