Ollie's (OLLI) Q1 2025 Earnings Call Transcript
Image source: The Motley Fool.Need a quote from one of our analysts? Email pr@fool.comThe Ollie's Bargain Outlet (NASDAQ:OLLI) call provided strategic clarity on aggressive expansion, with management highlighting that the majority of new stores this year derive from former Big Lots sites and have outperformed initial expectations. Management disclosed a meaningful shift in promotional strategy by making both June and December special shopping events exclusive to loyalty members, further strengthening customer engagement. The company confirmed actions to mitigate tariff impact by diversifying sourcing and reducing reliance on China, while fully incorporating tariff-related costs in the annual guidance.Continue reading
Image source: The Motley Fool.
Need a quote from one of our analysts? Email pr@fool.com
The Ollie's Bargain Outlet (NASDAQ:OLLI) call provided strategic clarity on aggressive expansion, with management highlighting that the majority of new stores this year derive from former Big Lots sites and have outperformed initial expectations. Management disclosed a meaningful shift in promotional strategy by making both June and December special shopping events exclusive to loyalty members, further strengthening customer engagement. The company confirmed actions to mitigate tariff impact by diversifying sourcing and reducing reliance on China, while fully incorporating tariff-related costs in the annual guidance.
