Ollie’s Bargain Outlet Holdings, Inc. Q2 2024 Earnings Conference Call

Company Participants

• John Rouleau – IR
• John Swygert – CEO
• Eric van der Valk – President
• Robert Helm – EVP & CFO

Conference Call Participants

• Matthew Boss – JPMorgan
• Edward Kelly – Wells Fargo
• Peter Keith – Piper Sandler
• Kate McShane – Goldman Sachs
• Joshua Young – Truist Securities
• Bradley Thomas – KeyBanc Capital Markets
• Eric Cohen – Gordon Haskett
• Jeremy Hamblin – Craig-Hallum
• Melanie Nunez – Bank of America
• Simeon Gutman – Morgan Stanley
• Brandon Cheatham – Citigroup

Operator

Good morning, and welcome to Ollie’s Bargain Outlet Conference Call to discuss Financial Results for the Second Quarter of Fiscal Year 2024. Currently, all participants are in a listen-only mode.

Professionally, educated, profit focused, and intense – these are the key characteristics that define Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI). This powerhouse in the retail industry has continuously impressed investors with their strong financial performance and strategic growth initiatives.

In the recent Q2 2024 Earnings Conference Call, key company executives highlighted the impressive results achieved during the quarter. CEO John Swygert, President Eric van der Valk, and CFO Robert Helm shared insights on the company’s financial health, operational efficiency, and future outlook.

Analysts from top investment firms such as JPMorgan, Wells Fargo, and Goldman Sachs also participated in the call, showing the high level of interest and confidence in Ollie’s Bargain Outlet’s potential for growth and profitability.

With a focus on delivering value to customers and driving bottom-line results, Ollie’s Bargain Outlet continues to impress both investors and consumers alike. Their commitment to excellence and strategic vision sets them apart in a competitive retail landscape.

How This Will Affect Me

As a potential investor, the positive financial results and growth prospects presented during the conference call signal a promising future for Ollie’s Bargain Outlet Holdings, Inc. This could potentially lead to an increase in stock value and returns for shareholders, making it an attractive investment opportunity for individuals looking to grow their wealth.

How This Will Affect the World

On a broader scale, the success of Ollie’s Bargain Outlet reflects a thriving retail sector that is adapting to changing consumer preferences and market dynamics. By delivering high-quality products at discounted prices, Ollie’s Bargain Outlet is not only meeting consumer demand but also contributing to a more competitive and innovative retail industry overall.

Conclusion

In conclusion, the Q2 2024 Earnings Conference Call for Ollie’s Bargain Outlet Holdings, Inc. showcased a strong performance and strategic direction for the company. With a focus on profitability, growth, and customer satisfaction, Ollie’s Bargain Outlet continues to be a standout player in the retail industry.