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Stock impact report

Ollie's Bargain Outlet: A Net Beneficiary Of The Coronavirus Crisis [Seeking Alpha]

Ollie's Bargain Outlet Holdings, Inc. (OLLI) 
Last ollie's bargain outlet holdings, inc. earnings: 3/19 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.ollies.us
Company Research Source: Seeking Alpha
SummaryStrong pre-coronavirus performance with above-average profitability, a well-managed growth strategy and diligent inventory management.Increased bankruptcies and consumers' taste towards discount shopping should serve as tailwinds for the company's closeout business model.Conservative balance sheet and ample liquidity to survive 90 days without any revenue, cost-cutting or borrowing.Valuation unattractive at current price levels, but patient investors should get another chance in the next selloff.The coronavirus crisis has created unprecedented pressure in the already battered retail sector where e-commerce, price competition and changing consumer taste have contributed to a highly distressed environment. However, one discount retailer by the name of Ollie's Bargain Outlet (OLLIBusiness Model and Track RecordEstablished in 1982, Ollie's specializes in the operation of no-frills, warehouse-style stores selling heavily discounted products in 9 different categories: housewares, foo Show less Read more
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