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Western Standard and other funds increase stakes in Ollie’s Bargain Outlet

Ollie's Bargain Outlet logoOllie's Bargain Outlet
Sig1.55Sen+0.85Env0.00Soc0.00Gov0.00

Peregrine Capital Management, TimesSquare Capital Management, Capital World Investors and Capital Research Global Investors increased holdings in Ollie’s Bargain Outlet, with Western Standard LLC also buying a new stake. The company reported quarterly EPS of $0.91 versus $0.87 expected and revenue up 14.2% year over year. Truist cut its price target to $80 but maintained a buy rating.

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