Ollie's Bargain Outlet shares are trading higher after the company reported better-than-expected Q2 financial results and raised FY23 adjusted EPS and sales guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
Ollie's Bargain Outlet reported better-than-expected Q2 financial results and raised its FY23 adjusted EPS and sales guidance above estimates. This has led to a rise in the company's share prices.
August 31, 2023 | 3:24 pm
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Ollie's Bargain Outlet's shares are trading higher due to better-than-expected Q2 results and raised FY23 guidance.
Ollie's Bargain Outlet reported better-than-expected Q2 results and raised its FY23 guidance, which is a positive signal to investors. This has led to increased demand for the company's shares, pushing the share price higher.
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