Ollie’s Bargain Outlet Holdings, Inc. Announces Secondary Public Offering
J.P. Morgan,
The offering will be made only by means of a prospectus. A copy of the preliminary prospectus relating to this offering, when available, may be obtained from any of the following sources:
J.P. Morgan Securities LLC , Attention: Prospectus Department, c/oBroadridge Financial Solutions ,1155 Long Island Avenue ,Edgewood, NY 11717, or via telephone: 1-866-803-9204Jefferies LLC , Attention: Prospectus Department,520 Madison Avenue , 2nd Floor,New York, NY , 10022, via telephone: 877-547-6340, or via email: Prospectus_Department@Jefferies.com- BofA Merrill Lynch, NC1-004-03-43,
200 North College Street , 3rd floor,Charlotte NC 28255-0001, Attn: Prospectus Department, or via email: dg.prospectus_requests@baml.com
A registration statement relating to these securities has been filed with the
About Ollie’s
We are a highly differentiated and fast growing, extreme value retailer of brand name merchandise at drastically reduced prices. We are known for our assortment of merchandise offered as Good Stuff Cheap®. We offer name brand products,
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as “could,” “may,” “might,” “will,” “likely,” “anticipates,” “intends,” “plans,” “seeks,” “believes,” “estimates,” “expects,” “continues,” “projects” and similar references to future periods. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, by their nature, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. As a result, our actual results may differ materially from those contemplated by the forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include regional, national or global political, economic, business, competitive, market and regulatory conditions, including risk regarding when we can complete this offering, and the following: our failure to adequately manage our inventory or anticipate consumer demand; changes in consumer confidence and spending; risks associated with fluctuations in energy and gasoline prices; risks associated with intense competition; our failure to open new profitable stores, or successfully enter new markets, on a timely basis or at all; our ability to manage our inventory balances; our failure to hire and retain key personnel and other qualified personnel; our inability to obtain favorable lease terms for our properties; the loss of, or disruption in the operations of, our centralized distribution centers; fluctuations in comparable store sales and results of operations, including on a quarterly basis; risks associated with our lack of operations in the growing online retail marketplace; our inability to successfully implement our marketing, advertising and promotional efforts; the seasonal nature of our business; the risks associated with doing business with international manufacturers; changes in government regulations, procedures and requirements; our ability to service our indebtedness and to comply with our financial covenants; and risks related to the offering together with the other factors set forth under “Risk Factors” in the registration statement on Form S-1 and incorporated by reference into the Form S-1 from our Annual Report on Form 10-K for the fiscal year ended
Investor Relations Contact:John Rouleau ICR 203-682-8200 John.Rouleau@icrinc.com Media Contact:Dan Haines VicePresident , Marketing & Advertising (717) 657-2300 dhaines@ollies.us