Ollie’s Bargain Outlet (OLLI) is really excited about its toy buyouts, as Toys-R-Us going out of business helps get inventory — and locations.
Ollie’s Bargain Outlet’s (OLLI) profits rose a sizzling 64% last qtr as a lower tax rate and lower debt helped boost results.
Toys R Us is closing, which might mean more business for Ollie’s Bargain Outlet (OLLI) which could buy some of the merchandise at a discount.
Olli’s Bargain Outlet (OLLI) is growing profits between 25% and 29%. That’s great! What’s better is growth is expected to accelerate to 32% in coming qtrs.
Ollie’s Bargain Outlet (OLLI) is putting out some fantastic numbers, such as 25% to 29% profit growth. But it carries a P/E of 38, double its Estimated Long-Term Growth Rate.