Ollie's Sees Earnings, Same-Store Sales Fall
After Ollie's Bargain Outlet Holdings, Inc (NASDAQ: OLLI) reported its 2019 second-quarter earnings recently, shares took a 27% tumble the next day. Investors seemed surprised and displeased that same-store sales and earnings per share (EPS) fell, seemingly changing Ollie's from a high-flying growth stock to a turnaround story overnight. Let's take a look at the highlights to see how it did.
Data source: Ollie's Bargain Outlet Holdings, Inc.
Ollie's Bargain Outlet saw shares fall after earnings and same-store sales both decreased year over year. Image source: Getty Images.
Source Fool.com
