: Ollie’s Bargain Outlet’s stock gains as retailer hikes its profit view

Ollie’s Bargain Outlet Holdings Inc.’s stock OLLI was up 4.6% in premarket trading Wednesday after the retailer’s third-quarter earnings beat the FactSet consensus estimate. The company also raised its 2023 earnings outlook to between $2.77 a share and $2.83 a share, beating the analyst estimate of $2.73 a share. Ollie’s said its third-quarter sales and margins were ahead of expectations. Ollie’s Bargain Outlet said its third-quarter net income rose to $31.8 million, or 51 cents a share,...