Ollie's Bargain Outlet (OLLI) Tops Q4 EPS by 2c, Offers Guidance
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Ollie’s Bargain Outlet Holdings, Inc. Reports Record Fourth Quarter and Fiscal 2017 Financial Results
April 4, 2018 4:10 PM EDTHARRISBURG, Pa., April 04, 2018 (GLOBE NEWSWIRE) -- Ollies Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) today reported financial results for the fourth quarter and full year of fiscal 2017 ended February 3, 2018 (fiscal 2017), both of which contained one additional week (53rd week) as compared to the fourth quarter and full year ended January 28, 2017 (fiscal 2016).
Fourth Quarter Summary: Â Â Â Â Â Â Â
Total net sales increased 25.9% to $356.7 million. Excluding the impact of the 53rd week, net sales increased 20.0%.Net sales in the 53rd week were $16.5 million and contributed less than $0.01 to diluted earnings per... More