Ollie's Bargain Outlet Holdings, Inc.

Ollie's Bargain Outlet Holdings, Inc. is a retailer of closeout merchandise and excess inventory in the United States. The company offers a wide range of products including health and beauty aids, food, candy, beverages, pet food and treats, laundry products, and cleaning supplies. Its portfolio also includes housewares, kitchen items, home decor, furniture, household essentials, home maintenance and utility items, patio furniture, air conditioners, fans, space heaters, toys, lawn and garden products, outdoor items, holiday decor, gifts, decorations, books, stationery, small electronics and accessories, clothing, sporting goods, pet products, automotive products, luggage, and general merchandise. The company sells its products under brands such as Ollie's, Ollie's Bargain Outlet, Good Stuff Cheap, Ollie's Army, Real Brands! Real Bargains, Sarasota Breeze, and American Way.

Ollie's Bargain Outlet Holdings, Inc. is listed on the NasdaqGM exchange under the ticker symbol OLLI. The company's stock is traded in US Dollars (USD). As a US-based company, its financial reporting and stock trading are conducted in the local currency, making it accessible to investors on major US stock exchanges.

Ollie's Bargain Outlet operates in the Consumer Defensive sector, specifically within the Discount Stores industry. As a discount retailer, the company focuses on offering closeout merchandise and excess inventory at bargain prices. This sector is characterized by companies that provide essential consumer goods, often with a focus on value and cost savings. Ollie's business model aligns with the defensive nature of the sector, as it sells everyday necessities that remain in demand regardless of economic conditions.

Ollie's Bargain Outlet Holdings, Inc. is headquartered in Harrisburg, Pennsylvania, United States. The company serves the US market, operating retail stores across the country. Founded in 1982, Ollie's has grown to become a well-known discount retailer, offering a wide variety of closeout and excess inventory products. Its headquarters in Pennsylvania serves as the central hub for its operations, including corporate management, merchandising, and distribution.

Ollie's Bargain Outlet generates revenue by retailing closeout merchandise and excess inventory at discounted prices. The company sources products from manufacturers, distributors, and other retailers who have overstock, discontinued items, or packaging changes, allowing Ollie's to purchase these goods at low costs. It then sells them to consumers through its network of stores, offering a constantly changing assortment of products across categories such as health and beauty aids, food, housewares, home decor, toys, clothing, and more. The business model relies on high inventory turnover and the ability to offer significant discounts, attracting value-conscious shoppers. Ollie's also sells products under its own private labels, including Ollie's, Good Stuff Cheap, and Sarasota Breeze, which may provide higher margins.