Ollie's Bargain Outlet Holdings: Double-Digit Revenue Growth Is Doable

  • I rate OLLI a buy, driven by strong execution, robust new store growth, and tailwinds from Big Lots' exit, supporting double-digit growth. OLLI's scale and Ollie's Army loyalty program drive customer engagement, recurring sales, and provide valuable consumer insights for optimized assortments. The current retail environment, with excess inventory and store closures, allows OLLI to source goods at attractive prices, fueling margin stability and growth.