Sell Alert: Larry Kraus Cashes Out $231K In Ollie's Bargain Outlet Stock

Larry Kraus , VP at Ollie's Bargain Outlet (NASDAQ: OLLI ), reported an insider sell on March 28, according to a new SEC filing. What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Thursday outlined that Kraus executed a sale of 2,928 shares of Ollie's Bargain Outlet with a total value of $231,312. During Friday's morning session, Ollie's Bargain Outlet shares up by 0.95%, currently priced at $79.57. All You Need to Know About Ollie's Bargain Outlet Ollie's Bargain Outlet Holdings Inc is a retailer of brand-name merchandise at drastically reduced prices. It offers customers a selection of brand-name products, including housewares, food, books and stationery, bed and bath, floor coverings, toys, and hardware. It operates stores across the Eastern half of the United States. Its differentiated go-to-market strategy is characterized by a unique, fun, and engaging treasure hunt shopping experience, compelling customer value proposition, and witty, humorous in-store signage and advertising campaigns. These attributes have driven rapid growth and strong and consistent store performance for the company. Ollie's Bargain Outlet's Economic Impact: An Analysis Revenue Growth: Ollie's Bargain Outlet displayed positive results in 3 months. As of 31 January, 2024, the company achieved a solid revenue growth rate of approximately 18.04% . This ... Full story available on Benzinga.com