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Ollie's Celebrates Grand Opening of its 600th Store and Expansion into 34th State

1. Ollie's opens its 600th store in Belmont, NH, marking substantial growth. 2. The company offers brand name goods at up to 70% off retail prices. 3. Ollie's creates 50-60 new jobs with each store, enhancing local employment. 4. This expansion signifies Ollie's market penetration into 34 states. 5. Ollie's emphasizes value and quality for budget-conscious consumers.

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FAQ

Why Bullish?

Ollie's consistent expansion and job creation could drive positive investor sentiment, similar to previous store openings that have led to stock price increases.

How important is it?

New store openings suggest ongoing growth potential, which is critical for stock performance.

Why Short Term?

The immediate impact is likely reflected in sales and investor interest following the store's opening.

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Bargains Coming to Belmont, NH , /PRNewswire/ -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) today celebrates the Grand Opening of its 600th store in Belmont and expansion into New Hampshire, its 34th state. Ollie's is America's largest retailer of brand name closeout merchandise and excess inventory at up to 70% off the fancy stores' prices every day! You'll find bargains on books, flooring, food, housewares, toys, electronics, bed and bath, health and beauty, pet supplies, and so much more! The Grand Opening of Ollie's 600th store will take place today, Thursday, July 17th at the Belmont, New Hampshire store located at 96 Daniel Webster Highway in the old Big Lots location. "We are thrilled to bring our huge selection of brand name household merchandise at prices up to 70% below the fancy stores to the great city of Belmont and state of New Hampshire," said Eric van der Valk, President and Chief Executive Officer of Ollie's Bargain Outlet. "At a time when many people are trying to stretch their hard-earned dollars, we are delivering unprecedented value through an ever-changing assortment of everyday household products that combines quality, national brands, and pricing in a way that can only be found at Ollie's. To the great people of New Hampshire, if you have never been to an Ollie's store, we invite you to come to Belmont and see what we are all about. We are passionate about what we do, the people we serve and the communities in which we operate." Ollie's brings about 50 to 60 new jobs to the local community with each new store it opens, ranging from cashiers to team leaders. Ollie's employs over 13,000 associates across the company. For more information about Ollie's, visit www.ollies.com and like us on Facebook. About Ollie's Ollie's is a leading off-price retailer of brand name household products. Since our founding in 1982, our mission has been to sell Good Stuff Cheap®. We do this through a flexible buying model that focuses on closeout merchandise and excess inventory from suppliers and manufacturers around the world. Our stores offer Real Brands! Real Bargains! ® in a treasure hunt environment at prices up to 70% below other retailers. As of May 3, 2025, we operated 584 stores in 32 states and growing! For more information, visit www.ollies.com. SOURCE Ollie's Bargain Outlet Holdings, Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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