Ollies Bargain Outlet Holdings Inc
For the period ended Nov 2, 2024. Filed Dec 10, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Nov 2, 2024 · Filed Dec 10, 2024
OLLI$90.40-2.8%Stored close · as of Nov 6, 2026
Contents
Item 1. Financial Statements
ITEM 1 – CONDENSED CONSOLIDATEDFINANCIAL STATEMENTS (UNAUDITED)
Condensed ConsolidatedStatements of Income
(In thousands, except per share amounts)
| Thirteen weeks ended | Thirty-nine weeks ended | |||
|---|---|---|---|---|
| November 2, | October 28, | November 2, | October 28, | |
| 2024 | 2023 | 2024 | 2023 | |
| Net sales | $517,428 | $480,050 | $1,604,621 | $1,453,713 |
| Cost of sales | 302,969 | 285,939 | 961,773 | 884,347 |
| Gross profit | 214,459 | 194,111 | 642,848 | 569,366 |
| Selling, general, and administrative expenses | 154,467 | 141,684 | 442,559 | 406,575 |
| Depreciation and amortization expenses | 8,296 | 7,065 | 24,016 | 20,203 |
| Pre-opening expenses | 7,174 | 6,293 | 14,495 | 12,443 |
| Operating income | 44,522 | 39,069 | 161,778 | 130,145 |
| Interest income, net | (4,028) | (3,977) | (12,257) | (10,054) |
| Income before income taxes | 48,550 | 43,046 | 174,035 | 140,199 |
| Income tax expense | 12,666 | 11,243 | 42,827 | 35,235 |
| Net income | $35,884 | $31,803 | $131,208 | $104,964 |
| Earnings per common share: | ||||
| Basic | $0.59 | $0.52 | $2.14 | $1.70 |
| Diluted | $0.58 | $0.51 | $2.13 | $1.69 |
| Weighted average common shares outstanding: | ||||
| Basic | 61,330 | 61,682 | 61,341 | 61,807 |
| Diluted | 61,764 | 62,068 | 61,742 | 62,110 |
Index
CondensedConsolidated Balance Sheets
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