Ollie's Bargain Outlet Holdings Inc. (OL6)
XDUS 
Summary
OL6 Chart
OLLI's New $500M Buyback Authorization Signals Cash Flow Confidence
OLLI's new $500M buyback authorization reflects strong cash flow and financial flexibility as shares outperform the industry and trade at a discount.
Ollie's Bargain Outlet (OLLI) Just Reclaimed the 200-Day Moving Average
After reaching an important support level, Ollie's Bargain Outlet (OLLI) could be a good stock pick from a technical perspective. OLLI surpassed resistance at the 200-day moving average, suggesting a long-term bullish trend.
Why Ollie's Bargain Outlet (OLLI) is a Top Momentum Stock for the Long-Term
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Ollie's Bargain Outlet Holdings Inc. Profile
| Specialty Retail Industry | Consumer Discretionary Sector | Eric van der Valk CEO | XDUS Exchange | US6811161099 ISIN |
| US Country | 13,000 Employees | - Last Dividend | - Last Split | 16 Jul 2015 IPO Date |
Overview
Ollie's Bargain Outlet Holdings, Inc., based in Harrisburg, Pennsylvania, is a prominent retailer known for offering brand name merchandise at discount prices in the United States. Since its inception in 1982, the company has grown to become a trusted destination for shoppers looking for value deals. Initially known as Bargain Holdings, Inc., it underwent a name change to Ollie's Bargain Outlet Holdings, Inc. in March 2015. The company markets an extensive range of products through its distinctive branding strategies, which include slogans like "Good Stuff Cheap" and "Real Brands Real Cheap!" Ollie's Bargain Outlet has cultivated a strong customer base, known as Ollie's Army, by providing consistent value on a wide array of merchandise.
Products and Services
Ollie's Bargain Outlet Holdings, Inc. offers a diverse selection of products across many categories, making it a one-stop shop for bargain hunters. Each product category caters to specific customer needs, from everyday household items to specialty goods.
- Housewares: This category includes a variety of home essentials, ranging from cookware and utensils to decorative items. Customers can find quality housewares items at significantly reduced prices.
- Bed and Bath: Customers can shop for bed linens, bath towels, and other related products. Ollie's provides an affordable range for those looking to refresh their bed and bath essentials.
- Food: The food section offers a selection of packaged foods, including snacks, cereals, and canned goods. Shoppers can find both staple pantry items and unique treats.
- Floor Coverings: Ollie's Bargain Outlet carries a variety of floor coverings, from area rugs to carpet tiles, offering an inexpensive way to update any room.
- Health and Beauty Aids: This section includes health and personal care products, such as vitamins, over-the-counter medicines, and beauty products, all at discounted prices.
- Books and Stationery: A wide range of books, including bestsellers and children's books, along with stationery items for home, school, or office use can be found at Ollie's.
- Toys: Ollie's offers toys for children of all ages, from educational toys to popular playthings, making it a go-to place for gifts and entertainment.
- Electronics: Shoppers can find deals on a small selection of electronic items, including gadgets and accessories.
- Other Products: The company also offers a variety of other products such as hardware, clothing, candy, sporting goods, pet and lawn, and garden products. These items are provided under house brands such as Sarasota Breeze, Steelton Tools, American Way, and Middleton Home, making it easy for customers to get great deals on a wide range of merchandise.
Contact Information
