Ollie's Bargain Outlet Holdings Inc. (OLLI)

Profile

https://www.ollies.com

Ollie’s Bargain Outlet Holdings Inc. is a U.S. discount retailer focused on closeout merchandise, excess inventory, and salvage goods. The company offers brand-name products at reduced prices across a broad assortment that includes housewares, food, bed and bath items, books and stationery, toys, electronics, flooring, health and beauty products, and seasonal merchandise. Its store model is built around opportunistic buying from manufacturers, retailers, and distributors, which allows it to stock changing inventories and create a treasure-hunt shopping experience for value-oriented consumers. Ollie’s Bargain Outlet Holdings Inc. serves shoppers looking for everyday essentials and general merchandise at lower prices while operating a format centered on low-frills presentation and frequent assortment turnover. Based in Harrisburg, Pennsylvania, the company is a notable participant in the off-price retail segment and plays a role in moving surplus and discontinued goods through the U.S. retail market.