Market Exclusive

Ollies Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Files An 8-K Results of Operations and Financial Condition

Ollies Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Files An 8-K Results of Operations and Financial Condition

Item 2.02

Results of Operations and Financial Condition.
On March 28, 2017, Ollies Bargain Outlet Holdings, Inc. (the
Company) issued a press release announcing its financial results
for the fiscal quarter and year ended January 28, 2017.
A copy of the press release is furnished as Exhibit 99.1 to this
current report and is incorporated by reference herein.
Item 7.01
Regulation FD Disclosure
On March 23, 2017, the Company paid down $40.0 million of its
term loan debt, and, as a result, the Company expects to incur a
$300,000 pre-tax loss on extinguishment of debt expense in the
first quarter of 2017.
The information furnished on this Form 8-K, including the exhibit
attached, shall not be deemed filed for purposes of Section 18 of
the Securities Exchange Act of 1934, as amended (the Exchange
Act), or otherwise subject to the liabilities of that section,
nor shall it be deemed incorporated by reference into any filing
under the Securities Act of 1933, as amended, or the Exchange
Act, regardless of any general incorporation language in such
filing.
Item 9.01
Financial Statements and Exhibits.
(d)
Exhibits. The following exhibits are filed with
this report:
Exhibit No.
Description
99.1
Press Release issued on March 28, 2017 of Ollies Bargain
Outlet Holdings, Inc.

About Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI)
Ollie’s Bargain Outlet Holdings, Inc. is a retailer of brand name merchandise. The Company offers deals on closeouts, excess inventory and salvage merchandise. The Company’s product offerings include food, such as packaged food, including coffee, bottled non-carbonated beverages, salty snacks, condiments, sauces, spices, dry pasta, canned goods, cereal and cookies; housewares, such as cooking utensils, dishes, appliances, storage and garbage bags, detergents and cleaning supplies, cookware and glassware, frames and giftware; books and stationery, such as novels, business, cooking, inspirational and coffee table books along with digital versatile discs (DVDs), greeting cards and various office supplies and party goods, and bed and bath, such as household goods, including bedding, towels, curtains and associated hardware. It operates approximately 200 stores averaging over 33,000 square feet across approximately 20 contiguous states in the Eastern half of the United States. Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) Recent Trading Information
Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) closed its last trading session up +0.15 at 33.10 with 834,632 shares trading hands.

Exit mobile version