Ollie's Bargain Outlet (OLLI) Holiday Comps Increased 7.1%
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Ollie’s Bargain Outlet Holdings, Inc. Reports Strong Holiday Sales, Raises Full Year Outlook, and Pays Off Remaining Term Loan Balance
January 11, 2019 7:30 AM ESTHARRISBURG, Pa., Jan. 11, 2019 (GLOBE NEWSWIRE) -- Ollies Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (Ollies or the Company) today commented on its holiday sales and full year outlook ahead of its participation at the 2019 ICR Conference. For the nine-week period ended January 5, 2019, total sales increased 16.6%, with a comparable store sales increase of 7.1%.
Mark Butler, Chairman, President and Chief Executive Officer, stated, We had an exceptional holiday period driven by strong deal flow with particular strength in our toy and housewares categories. In keeping with our 36-year tradition of offering Good... More
