Mail Stop 3561

                                                                September 19,

   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 August 31, 2018
                  File No. 001-37501

   Dear Mr. Stasz:

           We have reviewed your August 31, 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 August 21,
   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 and are still unclear how you
determined that
          you do not have any critical accounting policies or estimates. You
previously disclosed
          on page 21 of your January 28, 2017 Form 10-K that, "Our operating
results may be
          adversely affected if our assumptions change or if actual
circumstances differ from those
          in our assumptions, which could cause our operating results to fall
below the expectations
          of securities analysts and investors, resulting in a decline in our
stock price. Significant
          assumptions and estimates used in preparing our consolidated
financial statements
 Jay Stasz
Ollie's Bargain Outlet Holdings, Inc.
September 19, 2018
Page 2

        include those related to inventory valuation, impairment of goodwill
and intangible
        assets, impairment of long-lived assets, stock-based compensation
expense and
        accounting for income taxes including deferred tax assets and
liabilities." In regards to
        inventory, you further disclose on page 48 of the current Form 10-K
that "The retail
        inventory method uses estimates for shrinkage and markdowns to
calculate ending
        inventory. These estimates made by management could significantly
impact the ending
        inventory valuation at cost and the resulting gross margin." Please
explain to us in
        greater detail how you determined that each of these accounting
policies do not involve
        estimates and assumptions that could have a material impact on your
financial condition
        and operating performance and on the comparability of such reported
information over
        different reporting periods. Ensure you tell us what changed from your
prior year
        assessment and identify for us any comparable registrants that
similarly do not disclose
        any critical accounting policies.

        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