Ollie’s Bargain Outlet Holdings, Inc. Reports First Quarter Fiscal 2020 Financial Results
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Ollie's Bargain Outlet (OLLI) Tops Q1 EPS by 18c, Revenues Beat
May 28, 2020 4:06 PM EDTOllie's Bargain Outlet (NASDAQ: OLLI) reported Q1 EPS of $0.49, $0.18 better than the analyst estimate of $0.31. Revenue for the quarter came in at $349.4 million versus the consensus estimate of $315.02 million. Comparable store sales decreased 3.3% compared with a 0.8% increase in the prior year.
John Swygert, President and Chief Executive Officer, stated, We are pleased with and proud of our first quarter performance in light of the challenges we faced from COVID-19 and the current... More
