Notable Hit 1: On Tuesday June 3, 2025 Ollie’s Bargain Outlet Holdings, Inc. (OLLI) posted revenues of $576.77M surpassing the analysts estimates by 2.07% and in the same direction of Advan’s implied sales (1.96%). Advan’s data showed a 13.5% increase YoY in overall foot traffic across all Ollie’s locations in Q1 2025; the company’s revenue increased 13.4% YoY. Advan’s foot traffic data has a correlation of 0.91 on a YoY basis with OLLI’s top-line revenue over the last 20 quarters.

By Thomas Paulson, Head of Market Insights Ollie’s Bargain Outlet Holdings reported solid FQ4 results with adjusted sales growth of +9% to $667M (just shy of Advan’s estimate of $672M). Growth was driven by a +2.8% comp-sales increase and 47 (+9%) more stores over the past year, including locations taken over from Big Lots and 99 Cents Only. The earnings release quoted CEO Eric van der Valk saying, “With so many retailers closing stores or going bankrupt in the past year, there are a considerable number of abandoned customers, merchandise, real estate, and talent in the marketplace.