The Latest Breaking News from Ollie Bargain Outlet

The Dow Jones Industrial Average surged 460 points on cool CPI inflation data. Elon Musk sold nearly $7 billion worth of Tesla stock.

The Dow Jones Industrial Average fell Tuesday ahead of Wednesday's key inflation report. Vaccine maker Novavax crashed on earnings results.

Dow Jones futures were lower after Monday's stock market action ahead of Wednesday's inflation report — the consumer price index.

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Tesla led the market rally Thursday, with a few more stocks setting up. But the Snap crash highlights this big risk.

Discount retail stocks are holding up as economists flag a recession risk. Several, including OLLI stock, are near buy points.

Over the past 3 months, 9 analysts have published their opinion on Ollie's Bargain Outlet (NASDAQ:OLLI) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Upgrades

Pulled from Benzinga Pro data, Ollie's Bargain Outlet (NASDAQ:OLLI) posted Q1 earnings of $12.52 million, an increase from Q4 of 72.0%. Sales dropped to $406.67 million, a 18.85% decrease between quarters.

Ollie’s Bargain Outlet shows rising price performance, earning an upgrade to its IBD Relative Strength Rating from 67 to 87.

Ollie's Bargain Outlet (NASDAQ:OLLI) has observed the following analyst ratings within the last quarter: