Highest-materiality recent filing
Ollie's Bargain Outlet stockholders elect 10 directors, approve say-on-pay, ratify KPMG
All 10 director nominees elected; votes for ranged from 50.8M (Fleishman) to 55.5M (van der Valk).
Ollie's Q1 EPS beats; net sales up 14.2%; raises FY2026 adjusted EPS outlook to $4.45-$4.55
Net sales $658.9M (+14.2% YoY); comparable store sales +1.7%; net income $56.4M vs $47.6M.
Ollie's SVP/GM Kevin McLain to retire May 1; Shane Thornton named successor
Kevin McLain's retirement as SVP, General Merchandise Manager effective May 1, 2026.
Ollie's Q4 earnings beat; EPS up 25%, comp sales +3.6%; FY 2026 outlook provided
Q4 net sales $779.3M (+16.8% YoY); diluted EPS $1.39 vs $1.11; adjusted EPS $1.39 vs $1.19.
Ollie's Bargain Outlet Q3 net sales +18.6% to $613.6M; raises FY2025 outlook
Diluted EPS $0.75 (+29.3% YoY); adjusted EPS $0.75 vs $0.58 last year.
Ollie's Q2 beats; net sales +17.5%, EPS $0.99, raises FY 2025 outlook
Net sales rose 17.5% to $679.6M; comparable store sales +5.0%; net income $61.3M ($0.99 diluted).
Ollie's shareholders approve 2025 equity plan, elect all directors, ratify KPMG
All 10 director nominees elected; votes for each ranged from 53.7M to 57.6M.
Ollie's Q1 net sales up 13.4% to $576.8M; comp store sales +2.6%; adjusted EPS $0.75
Net income per diluted share $0.77; adjusted EPS $0.75, ahead of expectations.
Ollie's Q4 adj EPS $1.19; FY2025 guide $3.65-3.75, 75 new stores, $300M buyback
Q4 net sales $667.1M (+2.8% vs prior year, +8.5% excl 53rd wk); adj EPS $1.19; comp store sales +2.8%.
Ollie’s Bargain Outlet completes CEO succession; Swygert to Exec Chairman, van der Valk CEO
John Swygert transitions from CEO to Executive Chairman effective Feb 2, 2025; base salary $600k, bonus target 75%.
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.
Ollie's Bargain Outlet Q2 beat: EPS $0.79, comps +5.8%, raises FY guidance
Q2 net sales $578.4M (+12.4% YoY); comp store sales +5.8%; operating income $60.8M (+15.6%).
Nine directors elected including Alissa Ahlman, Mary Baglivo, Robert Fisch, and others with vote totals ranging from 50.8M to 57.4M for.
Ollie's Q1 beats: EPS $0.75 (+50%), comps +3.0%; raises FY guidance; leadership succession
Q1 net sales $508.8M (+10.8% YoY); comp store sales +3.0%; diluted EPS $0.75 (+50% YoY); adjusted EPS $0.73 (+49%).
Ollie's announces CEO succession: van der Valk to become CEO in early 2025
John Swygert to transition from CEO to Executive Chairman in early 2025.
Ollie's Q4 EPS $1.23 up 44.7% YoY; raises long-term store target to 1,300
Q4 net sales $648.9M (+18.0% YoY); comp store sales +3.9%; operating margin 15.0%.
Ollie's extends credit facility maturity to January 2029; adds 0.0% SOFR floor
Maturity date extended to January 9, 2029 (five years from effective date).
Ollie's Q3 earnings beat; comps up 7.0%; raises FY sales and earnings guidance
Net sales $480.1M (+14.8% YoY); comp store sales +7.0% (vs +1.9% prior year).
Ollie's Bargain Outlet appoints Mary Baglivo to Board effective Nov 30, 2023
Mary Baglivo appointed as independent director effective Nov 30, 2023; also joins Nominating and Corporate Governance Committee.
Net sales $514.5M (+13.7% YoY); comp store sales +7.9% vs +1.2% prior year.
Alissa Ahlman, Robert Fisch, Stanley Fleishman, Thomas Hendrickson, Abid Rizvi, John Swygert, Stephen White, Richard Zannino elected as directors.
Ollie's Q1 net sales +12.9% to $459.2M, comps +4.5%, EPS $0.50; raises FY guidance
Comparable store sales +4.5% (prior year -17.3%); net sales $459.2M up from $406.7M.
Ollie's Q4 net sales up 9.7%, comp +3.0%; EPS $0.85; initiates FY23 guidance
Q4 net sales $549.8M (+9.7% YoY); comparable store sales +3.0% vs -10.5% prior year.
Ollie's Bargain Outlet amends credit agreement to replace LIBOR with SOFR
First Amendment to Credit Agreement dated Jan 24, 2023; replaces LIBOR-based rates with SOFR-based rates.
Ollie's Q3 sales up 9% to $418M, comps +1.9%; FY comp guidance negative -3.8% to -3.3%
Net sales $418.1M (+9.0% YoY); comparable store sales +1.9%.
Ollie's appoints Abid Rizvi (CEO of AriZona Beverages) to board, expanding to 8 members
Appointed as independent director effective Nov 29, 2022; board expands from 7 to 8.
Ollie's names Rob Helm CFO; base salary $450K, equity grant $650K
Robert F. Helm appointed SVP and CFO, effective Oct 17, 2022; reports to CEO John Swygert.
Ollie's Q2: net income $14.1M ($0.22/sh) vs $34.3M; gross margin down 750 bps
Net sales $452.5M (+8.8% YoY); comparable store sales +1.2%.
Ollie's enters employment agreement with VP/CIO Lawrence Kraus; $275K base salary
Base salary of at least $275,000; annual cash bonus of 0%–80% based on EBITDA targets.
Ollie's Bargain Outlet amends Eric van der Valk's employment: salary to $525k, bonus targets raised
Base salary increased from $400,000 to $525,000 per year (31% raise).
Ollie's Bargain Outlet shareholders elect 7 directors, ratify KPMG
All seven director nominees were elected with majority votes; highest vote total was John Swygert at 56.3M for.
Ollie's Q1 sales down 10%, comps -17.3%; CFO Stasz resigns, CEO Swygert interim CFO
Net sales $406.7M (-10.1% YoY); comp store sales -17.3% (prior year +18.8%).
Ollie's Q4 adjusted EPS $0.69 beats expectations; revenue down 2.8%; FY2022 guidance issued
Q4 net sales $501.1M (-2.8% YoY); comparable store sales -10.5%; adjusted EPS $0.69 vs $0.97 prior year.
Ollie's Q3 net sales down 7.5% to $383.5M, comp store sales -15.5%; announces $200M buyback
Net sales $383.5M vs $414.4M YoY, down 7.5%; comparable store sales fell 15.5%.
Ollie's Q2 net sales drop 21.4% to $415.9M; diluted EPS $0.52 vs $1.50 last year
Comparable store sales -28.0% YoY, but two-year stack +15.3% from 2019 record.
Ollie's SVP of Supply Chain Daugherty to depart Aug 27; COO to lead function
Ray Daugherty, SVP of Supply Chain, leaving Ollie's effective Aug 27, 2021.
the effectiveness of the previously disclosed transition of John Swygert from Chief Executive Officer to Executive Chairman
the promotion of Eric van der Valk from President to President and Chief Executive Officer of the Company
the Board fixed the number of directors at 10 and appointed Mr. van der Valk as a member of the Board
The promotion of Robert Helm to Executive Vice President and Chief Financial Officer from Senior Vice President and Chief Financial Officer, effective as of June 5, 2024
The promotion of Eric van der Valk to the role of President, which will include additional oversight responsibilities, from the role of Chief Operating Officer, effective as of June 5, 2024
The hiring and appointment of Chris Zender as Executive Vice President and Chief Operating Officer, effective June 17, 2024
The transition of John Swygert to Executive Chairman from the role of Chief Executive Officer in early 2025
On November 30, 2023, the Board of Directors (the “Board”) of Ollie’s Bargain Outlet Holdings, Inc., a Delaware corporation (NASDAQ: OLLI) (the “Company”) fixed the number of directors at nine (9), appointed Mary Baglivo as a member of the Board as an independent director
The Board: fixed the number of directors at eight (8); appointed Abid Rizvi as a member of the Board, as an independent director; and also appointed Mr. Rizvi to serve on the Audit Committee, both effective immediately.
On October 17, 2022, Ollie’s Bargain Outlet Holdings, Inc. (the “Company”) announced its hiring of Robert F. Helm as Senior Vice President and Chief Financial Officer of the Company.
On June 6, 2022, Jay Stasz, the Company’s Senior Vice President and Chief Financial Officer (“CFO”), notified the Company that he intends to resign effective June 30, 2022 (the “resignation date”) to pursue another opportunity.
On June 8, 2022, the Company announced that John Swygert, 53, the Company’s President and Chief Executive Officer (“CEO”), will assume the additional role of Interim CFO effective June 30, 2022 until the position, which is the subject of a nationwide search, is permanently filled.
Max materiality 0.85 · Median 0.73 · Most common event earnings