Ollie's Bargain Outlet Q3 Results: Record Expansion & Loyalty Boost
Update: 2025-12-10
Description
Ollies Bargain Outlet, a discount retailer, reported strong third-quarter results for 2025, meeting revenue expectations and slightly exceeding profit estimates. The companys success was driven by significant store expansion and a growing loyalty program. Ollies opened a record 32 new stores, bringing their total to 645 locations, and saw a 12% increase in Ollies Army loyalty program membership. The company plans to continue rapid expansion, aiming for 1,300 stores and opening 75 new locations next year, many in former Big Lots sites. Ollies is also shifting its marketing strategy to digital platforms. Despite potential challenges, management is confident in their strategy for sustained growth.
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