Ollie's Bargain Outlet (OLLI) Misses Q1 EPS by 10c, FY EPS Guidance Falls Short of Consensus
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Ollie’s Bargain Outlet Holdings, Inc. Reports First Quarter Fiscal 2022 Financial Results
June 8, 2022 7:30 AM EDTHARRISBURG, Pa., June 08, 2022 (GLOBE NEWSWIRE) -- Ollies Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the Company) today reported financial results for the first quarter ended April 30, 2022.
First Quarter Summary:
Total net sales decreased 10.1% to $406.7 million.Comparable store sales decreased 17.3% from the prior year increase of 18.8%.The Company opened 9 new stores and closed one store in connection with a relocation, ending the quarter with 439 stores in 29 states, a... More