Ollie’s Bargain Outlet Holdings: How Are They Leveraging Industry Consolidation? 

Ollie’s Bargain Outlet Holdings, Inc. has reported a robust performance in the second quarter of the fiscal year 2024, surpassing expectations with a notable increase in sales and earnings. The company’s same-store sales grew by 5.8%, driven by an increase in both transaction volume and average basket size. This growth was highlighted by strong performances in the room air and housewares departments, among others, benefiting from effective execution and favorable responses from customers to the company’s value offerings.