Ollie's Bargain Outlet Holdings, Inc. Dividend History (OLLI)
Ollie's Bargain Outlet Holdings, Inc. does not pay dividends currently 😔
They might in the future, check back soon!
About Ollie's Bargain Outlet Holdings, Inc.
Ollie's Bargain Outlet Holdings, Inc. is a prominent American retail chain that specializes in offering deeply discounted merchandise. Founded in 1982, the company has cemented its place in the market by providing shoppers with a wide range of products, including housewares, books, toys, electronics, and more, all at bargain prices. Ollie's operates under the mantra "Good Stuff Cheap," which reflects its commitment to delivering value to customers. Headquartered in Harrisburg, Pennsylvania, the company has expanded its footprint with hundreds of locations across the United States. Its treasure hunt shopping experience attracts budget-conscious consumers who enjoy finding quality products at significantly reduced prices. As of 2023, Ollie's is led by CEO John Swygert, who has been steering the company towards further growth and expansion. In the most recent financial reports, the company generated a revenue of approximately $1.8 billion, emphasizing its strong presence in the discount retail sector. With its mix of great deals and a no-frills shopping environment, Ollie's continues to be a favorite destination for bargain hunters.
Ollie's Bargain Outlet Holdings (OLLI) is acquiring seven former Big Lots store leases, expanding its retail footprint. The acquisition aligns with OLLI's focus on value-oriented customers and growth potential in the Midwest region. OLLI's strong performance and growth initiatives position the company for sustained growth.
Benzinga · Published on Wed Oct 02 2024