Reported 2 days ago
Ollie's Bargain Outlet Holdings, Inc. announced impressive second-quarter fiscal 2025 results, with earnings of 99 cents per share surpassing estimates, and net sales increasing by 17.5% year over year. The company saw a 5% rise in comparable store sales and expanded its gross margin, prompting a raised full-year outlook. With 29 new store openings, a growing loyalty program, and a strong consumer response to promotional strategies, Ollie's is well-positioned for growth amid a challenging retail environment.
Source: YAHOO