
Should Ollie's Expansion Into Former Big Lots Stores Prompt a Closer Look From OLLI Investors?

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Ollie's Bargain Outlet plans to open nine new stores in seven states, acquiring former Big Lots locations. This expansion aims to enhance revenue through rapid growth in available retail spaces. The company projects $3.6 billion in revenue and $341.3 million in earnings by 2028, requiring 13.3% annual growth. While the expansion is a positive catalyst, risks include potential overextension and underperformance of new stores. Fair value estimates for Ollie's stock vary widely, reflecting differing opinions on long-term performance and growth potential.
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