Ollie's Bargain Outlet delivered a strong Q3 performance, achieving record store openings and significant growth in its loyalty program, resulting in revised upward guidance for sales and earnings.

• Opened 32 new stores in Q3, bringing total store count to 86 for the year, representing 18% growth.
• Loyalty program memberships surged by 30% year-over-year, enhancing customer acquisition and engagement.
• Comp store transactions increased mid-single digits, driven by a value-focused product mix amid challenging retail conditions.
• Strong performance in seasonal categories, particularly in holiday decor and gift programs, contributed to robust sales growth.
• Full-year sales and earnings outlook raised due to better-than-expected results and positive momentum heading into the holiday season.