Mail Stop 3561

                                                               October 11, 2018

   Jay Stasz
   Chief Financial Officer
   Ollie's Bargain Outlet Holdings, Inc.
   6295 Allentown Boulevard, Suite 1
   Harrisburg, Pennsylvania 17112

           Re:    Ollie's Bargain Outlet Holdings, Inc.
                  Form 10-K for the Fiscal Year Ended February 3, 2018
                  Response Dated October 3, 2018
                  File No. 001-37501

   Dear Mr. Stasz:

           We have reviewed your October 3, 2018 response to our comment letter
and have the
   following comment. In our comment, we may ask you to provide us with
information so we may
   better understand your disclosure.

          Please respond to this comment within ten business days by providing
the requested
   information or advise us as soon as possible when you will respond. If you
do not believe our
   comment applies to your facts and circumstances, please tell us why in your

          After reviewing your response to this comment, we may have additional
   Unless we note otherwise, our references to prior comments are to comments
in our September
   19, 2018 letter.

   Form 10-K for the Fiscal Year Ended February 3, 2018

   Item 7. Management's Discussion and Analysis of Financial Condition and
Results of

   Critical Accounting Policies and Estimates, page 39

       1. We have read your response to comment 1. Although you indicate that
          assumptions and estimates relating to your accounting policies more
recently have
          reduced elements of management subjectivity or uncertainty, these
assumptions and
          estimates appear susceptible to change and the resulting change(s)
could materially
          impact your financial statements in the future. Accordingly, please
revise future filings
          to include, at a minimum, critical accounting policies for inventory
and goodwill and
          intangible asset impairment. We note that these items represent
approximately 90% of
 Jay Stasz
Ollie's Bargain Outlet Holdings, Inc.
October 11, 2018
Page 2

        your total assets as of fiscal year-end 2017. It appears there are
accounting estimates and
        assumptions related to inventory valuation that are susceptible to
change given the nature
        of your business and your exposure to general economic conditions which
could have a
        material effect on your financial condition or operating performance.
In addition to the
        page 48 disclosure cited in our previous comment, your risk factor
disclosure on page 21
        cautions investors that if higher levels of shrinkage were to occur it
could have a material
        effect on your results of operations. In regards to impairment testing,
there are numerous
        assumptions, events and circumstances that are susceptible to change.
Examples of such
        events and circumstances include macroeconomic conditions, access to
capital markets,
        adverse changes in equity or credit markets, changes in the market for
your products, cost
        or expense factors that could negatively impact your earnings and cash
flows, company-
        specific events, or a sustained decline in your market capitalization.

        You may contact Robert Babula, Staff Accountant at (202) 551-3339, or
Andrew Blume,
Staff Accountant at (202) 551-3254 if you have questions regarding this comment
on the
financial statements and related matters. Please contact me at (202) 551-3737
with any other


                                                             /s/ Jennifer

                                                             Jennifer Thompson
                                                             Accounting Branch
                                                             Office of Consumer