John Swygert
the effectiveness of the previously disclosed transition of John Swygert from Chief Executive Officer to Executive Chairman
Highest-materiality recent filing
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 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%).
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 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).
Net sales $514.5M (+13.7% YoY); comp store sales +7.9% vs +1.2% prior year.
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 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 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 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.
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