Ollie's Bargain Outlet Holdings, Inc.
For the period ended Jan 31, 2026. Filed Mar 19, 2026.
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FY2026 · Filed Mar 19, 2026
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Item 2. Properties
| Item 2. | Properties |
|---|
As of January 31, 2026, we operated 645 retail stores across 34 states in the eastern and central United States. We lease the majority of our retail stores, often in second generation sites ranging in size from 18,000 to 50,000 square feet.
Our corporate headquarters, located in Harrisburg, PA, is 58,200 square feet and is leased under an agreement that expires in February 2033, with options to renew for three successive five-year periods. Our owned corporate data center and additional office space is 19,800 square feet.
We operate the following distribution centers, which we own or lease as indicated:
| Distribution Center Location | Owned or Leased | Approximate Square Footage |
|---|---|---|
| Commerce, GA | Leased | 962,000 |
| York, PA | Leased | 804,000 |
| Lancaster, TX | Owned | 615,000 |
| Princeton, IL | Owned | 615,000 |
The original terms of the leases for our distribution centers range from 10 to 15 years with options to renew for successive five-year periods.
In fiscal 2024, we completed construction of our fourth distribution center in Princeton, IL and began shipping product in July 2024.
We maintain a focused and disciplined approach to entering lease arrangements. All leases are approved by our real estate committee, which is comprised of senior management and executive officers. Our leases generally have an initial term of approximately seven years with options to renew for three to five successive five-year periods and may require us to pay a proportionate share of real estate taxes, insurance, and common area or other charges.
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