secwatch.observer — SEC 8-K summary
======================================

Issuer:     Ollie's Bargain Outlet Holdings, Inc. (OLLI)
CIK:        0001639300
Form:       8-K
Filed at:   2024-12-10T23:59:59+00:00
Accession:  0001140361-24-048855
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 Q3 net sales up 7.8%, EPS $0.58, comp sales -0.5%; acquires Big Lots stores
--------------------------------------------------------------------------------

- Q3 net sales $517.4M (+7.8% YoY); comp store sales -0.5% vs +7.0% prior year.
- Net income $35.9M ($0.58 diluted EPS, +13.7%); adjusted EBITDA $59.8M (+17.0%).
- Opened record 24 stores; ended with 546 stores in 31 states.
- Acquired 15 former Big Lots stores in Q3, plus 2 after quarter; won bid for 7 more.
- FY2024 guidance: net sales $2.27-2.28B (narrowed); comp store sales 2.7-3.0%; EPS $3.22-3.30.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1639300/000114036124048855/0001140361-24-048855-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1639300/000114036124048855/ef20039794_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-048855

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