What's Going On With Ollie's Bargain Outlet Stock On Thursday?

Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) shares are trading down on Thursday.

The company reported second-quarter adjusted earnings per share of 99 cents, beating the analyst consensus estimate of 94 cents. Quarterly sales of $679.556 million (+17.5% year over year) outpaced the Street view of $668.437 million.

OLLI stock is trending lower. Track the latest developments here.

Net sales were driven by new store unit growth and an increase in comparable store sales. Comparable store sales increased 5%, ...