About the Company
Ollie's Bargain Outlet is an American chain of discount closeout retailers. It was founded in Mechanicsburg, Pennsylvania in 1982 by Morton Bernstein and Mark L. Butler with backing from Harry Coverman and Oliver E. "Ollie" Rosenberg; the latter of whom is the namesake of the company. As of February 2023, the chain has 468 locations in 29 states. Its selection of merchandise comprises a variety of discounted household goods, apparel, pet supplies, kitchen pantry staples, and seasonal products (holiday, gardening, patio, pool and beach supplies); a majority of these items are unsold or overstocked merchandise that is purchased in bulk from other retailers and sold at discounted prices. Ollie's stores feature its namesake co-founder Ollie Rosenberg, in the form of humorous caricatures throughout its stores' interiors, merchandising displays and on its logo and exterior signage. Rosenberg, a Harrisburg area realtor and entrepreneur, died in 1996 at age 75.
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Nasdaq
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Latest $OLLI News
A Look At The Intrinsic Value Of Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI)
Key Insights The projected fair value for Ollie's Bargain Outlet Holdings is US$62.74 based on 2 Stage Free Cash ...
Ollie's Bargain Outlet: Beneficiary Of This Tough Macro Backdrop
I gave a buy rating due to OLLI's ability to benefit from the weak macro backdrop and consumers' desire for value buys.
Ollie's Bargain (OLLI) Thrives on Customer-Centric Endeavors
Ollie's Bargain Outlet Holdings, Inc. OLLI thrives on its distinctive business model, characterized by the strategy of "buying cheap and selling cheap." This strategy, complemented by initiatives to ...
Ollie's Bargain Outlet (OLLI) Down 9.2% Since Last Earnings Report: Can It Rebound?
It has been about a month since the last earnings report for Ollie's Bargain Outlet (OLLI). Shares have lost about 9.2% in that time frame, underperforming the S&P 500. Will the recent negative trend ...
Spring Into Savings at Ollie's Bargain Outlet
Lifestyle contributor Limor Suss takes a trip to Ollie’s for National Lawn and Garden Month.
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