Ollie's Bargain Outlet Holdings Inc
NASDAQ:OLLI
Operating Margin
Ollie's Bargain Outlet Holdings Inc
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| US |
|
Ollie's Bargain Outlet Holdings Inc
NASDAQ:OLLI
|
7.5B USD |
11%
|
|
| AU |
|
Wesfarmers Ltd
ASX:WES
|
94.5B AUD |
9%
|
|
| US |
|
Target Corp
NYSE:TGT
|
43.4B USD |
6%
|
|
| CA |
|
Dollarama Inc
TSX:DOL
|
52.1B CAD |
25%
|
|
| US |
|
Dollar General Corp
NYSE:DG
|
24.5B USD |
4%
|
|
| US |
|
Dollar Tree Inc
NASDAQ:DLTR
|
20.7B USD |
7%
|
|
| JP |
|
Pan Pacific International Holdings Corp
TSE:7532
|
2.9T JPY |
7%
|
|
| JP |
|
Ryohin Keikaku Co Ltd
TSE:7453
|
1.8T JPY |
9%
|
|
| CA |
|
Canadian Tire Corporation Ltd
TSX:CTC.A
|
10.1B CAD |
9%
|
|
| CN |
M
|
MINISO Group Holding Ltd
HKEX:9896
|
42.4B HKD |
19%
|
|
| AU |
|
Harvey Norman Holdings Ltd
ASX:HVN
|
6.6B AUD |
18%
|
Ollie's Bargain Outlet Holdings Inc
Glance View
Ollie's Bargain Outlet Holdings Inc., a well-regarded player in the retail discount sector, has built its business model upon the principle of offering customers a "Good Stuff Cheap" shopping experience. Its stores resemble treasure troves, where customers explore overflowing aisles in search of high-quality name-brand merchandise at significantly discounted prices. The company thrives on its opportunistic purchasing strategy, acquiring excess, discontinued, or overstocked inventory from various suppliers, manufacturers, and other retailers. By consistently buying goods at below-market rates, Ollie's passes these savings on to customers, fostering a loyal following eager to discover deals on items ranging from housewares to toys, flooring to food. A crucial element of Ollie’s success lies in its no-frills store environment and straightforward business operations, enabling it to maintain operational efficiency and avoid unnecessary costs. Eschewing costly grand displays and heavy marketing expenditures, Ollie’s focuses on leveraging word-of-mouth endorsement and customer curiosity to draw traffic to its outlets. Its efficient supply chain management ensures that despite the variable nature of surplus goods, stores are well-stocked. By maintaining strategic focus on controlling costs while consistently offering competitive pricing, Ollie's has carved out a niche in the competitive retail landscape, appealing to value-oriented shoppers and securing a steady revenue stream as it expands its footprint across the United States.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Ollie's Bargain Outlet Holdings Inc's most recent financial statements, the company has Operating Margin of 10.7%.
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