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🇺🇸 SECOllie's Bargain Outlet Holdings, Inc.Doubao · 实盘不做把握 6/10不做原因:风险收益比不佳
北京时间·🕒 发布 19:05:13·⟳ 抓取 19:05:39 +26s·⚡ 决策 10-13 19:47:48 +42m09s·14.5 天前

Ollie's 董事会新增5亿美元回购授权,总回购能力约5.61亿美元

这是可信的一手资本回报利好,但只是非约束性授权、没有即时回购或ASR安排;盘前低成交量下已重定价约3.9%,超过可用来校准幅度的零售同业对齐先例首日涨幅,开盘买入缺少足够剩余edge。

📄 原文Ollie's Bargain Outlet Holdings, Inc.↗ 原文
----- ef20083658_8k.htm ----- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8‑K CURRENT RE…
不做 Ollie's Bargain Outlet Holdings, Inc.(OLLI.US)
回购授权方向正面但非强制执行;盘前已涨约3.9%,高于最相似零售同业DLTR的首日+2.4%对齐反应,且DLTR第5日已转负。开盘追高风险收益不足,若开盘后成交量放大且涨幅回落至可控区间,可作为另一次右侧机会重新评估。
展开详情(成交明细 / 研究档案 / 原文全文 / 决策记录链)

研究档案

结论摘要

OLLI新增5亿美元授权、总额度约5.61亿美元,约占市值10.9%,短期信号正面;但盘前已涨约3.9%,历史零售回购案例多为首日小幅正收益且持续性有限,因此不追高。

🔎 新鲜度:最早出现 2026-10-13 · 扩散 low · price-in 风险 medium ↗ ↗

消息传播链

  1. 2026-10-13 07:05 EDT官方披露SEC EDGAR Form 8-K / Exhibit 99.1一手源原文 ↗
    公司正式披露董事会批准新增5亿美元回购授权,并在附件新闻稿中说明总回购能力约5.61亿美元。
    市场反应:截至07:39 EDT,OLLI盘前价89.77美元,较上一正规时段收盘86.44美元上涨3.85%,盘前成交量793股。

关键理由

  • 新增授权使总回购能力达到约5.61亿美元,约占公司51.35亿美元市值的10.9%,体现管理层对现金流和估值的信心。
  • 公司自2019年以来已回购约6.79亿美元,本次授权说明资本回报政策具有延续性,而非一次性口号。

主要风险

  • 该计划无到期日且不强制购买,不能等同于5亿美元即时需求或每股EPS立即增厚。
  • Q2财报存在收入不及预期、同店偏软及利润受关税退税帮助的瑕疵,若市场转回基本面交易,回购利好可能迅速消退。

反向证据

  • 做多前查反向 · 来源 web · 日期 2026-09-03 · 影响 weakens
    Zacks经Nasdaq发布的报道称OLLI Q2盈利超预期部分受关税退税帮助,但销售不及预期,显示基本面并非全面加速。
    检索:Ollie's Q2 2026 sales miss comparable sales soft tariff refunds guidance 原文 ↗
  • 做多前查反向 · 来源 filing · 日期 2026-10-13 · 影响 weakens
    8-K和新闻稿均明确公司可随时暂停、修改或终止计划,且没有义务购买任何股份,因此授权金额不是确定的近期股票需求。
    检索:share repurchase program no obligation suspended discontinued OLLI 500 million October 13 2026 原文 ↗
  • 做多前查反向 · 来源 futu · 日期 2026-10-13 · 影响 weakens
    盘前价格已上涨3.85%,但截至07:39仅成交793股,涨幅尚未被高流动性正式交易确认。
    检索:OLLI stock premarket volume October 13 2026 repurchase price reaction

先例如何影响了这次决策

对本次决策的影响:由于OLLI盘前已经上涨约3.85%、高于最可靠DLTR对齐先例的首日涨幅,最终不做开盘追买;若已跌破较深的基本面趋势,再考虑右侧承接。

方向:干净先例均指向回购授权公告首日方向偏正,4个案例首日胜率为100%,但样本只有4个且置信区间很宽。

涨幅量级:唯一高相似对齐案例DLTR首日+2.39%、3日+1.24%、5日-0.19%;类比案例首日中位数约4.08%,但行业和公告前走势差异较大,不能据此上调目标涨幅。

形态:DLTR次日高开后回落,WIX更是5日显著下跌,说明非约束性回购授权容易出现首日兑现和追高回落。

历史先例(按相似度)

  • 相似度 8/10 DLTR 2026-07-02 Dollar Tree盘前宣布25亿美元回购授权;公告日收涨2.39%,次日高开至126.45美元后收于121.46美元。 原文 ↗
    事件后 +1日 +2.4% · +2日 +0.3% · +3日 +1.2% · +4日 +2.0% · +5日 -0.2%
    ⚠未核对目标相位 — 该行涨幅别用来定止盈止损
    相似度依据:同为美国折扣零售商、同为盘前新增大额回购授权;差异是Dollar Tree市值更大、25亿美元额度占市值比例更低。
    经验:零售回购授权首日有约2.4%正反应,但次日高开后回落,第5日收益接近转负,持续性有限。
  • 相似度 6/10 ETSY 2025-12-18 Etsy宣布新增7.5亿美元回购授权及首席独立董事任命。 原文 ↗
    事件后 +1日 +1.6% · +2日 +2.8% · +3日 +5.4% · +4日 +4.1% · +5日 +5.9%
    相似度依据:同为美国可选消费零售相关公司且为盘前回购授权,但Etsy是电商平台,同时夹带独立董事事项。
    经验:回购公告可带来温和正收益并在数日延续,但首日涨幅仅约1.6%。
  • 相似度 5/10 UPWK 2026-02-18 Upwork宣布3亿美元新回购授权,累计授权自2023年11月达到6亿美元。 原文 ↗
    事件后 +1日 +7.6% · +2日 +4.4% · +3日 +3.2% · +4日 -2.0% · +5日 +2.0%
    相似度依据:同为美国上市公司盘前宣布3亿美元回购授权,但Upwork属于服务平台且公告前股价大幅下跌,均值回归因素较强。
    经验:超跌后的回购授权可能触发较大首日反弹,但第5日大部分涨幅收敛,不宜把高位案例的涨幅直接外推。
  • 相似度 4/10 WIX 2026-01-28 Wix宣布2026-2027两年20亿美元股票/债券回购计划,首日上涨后5日大幅回落。 原文 ↗
    事件后 +1日 +5.8% · +2日 +2.3% · +3日 -1.3% · +4日 -5.5% · +5日 -11.9%
    相似度依据:同为美股盘前大额回购授权,但Wix属于软件行业且计划可覆盖股票和债券,来源层级在工具校验中被标记为媒体而非纯IR。
    经验:即使首日大涨,缺少基本面新增支撑的回购消息也可能在5日内明显反转,是追高风险的反例。
工具执行结果 · 成功 26 · 降级 1 · 失败 0 · 取消 0
  1. search_processed_events 成功 stock_tools HTTP · 10 ms
    {"result": "search_processed_events:agent query=`olli 8-k $561 million aggregate repurchase capacity october 2026 | ollie's bargain outlet new buyback program 2026 eric van der valk | ollie's bargain outlet olli $500 million shar`;结构化索引覆盖完整 72 小时;旧记录兼容扫描近 0.0/72 小时、0 条本臂决策(完整),返回 0 条候选。未命中只表示这些 agen
  2. fetch_decision_experience 成功 stock_tools_inprocess · 2 ms
    {
  3. stock_quote 成功 stock_tools HTTP · 111 ms
    {
  4. web_search 成功 doubao_search · 1,654 ms
    豆包搜索结果(原始查询:Ollie's Bargain Outlet OLLI share repurchase authorization history 2023 2024 2025 $500 million;API SearchType:web)
  5. web_search 成功 doubao_search · 1,565 ms
    豆包搜索结果(原始查询:retailer announces new share repurchase authorization stock reaction next day buyback authorization US retailer;API SearchType:web)
  6. direct_instrument_candidates 成功 stock_tools HTTP · 8 ms
    {
  7. web_search 成功 doubao_search · 537 ms
    web_search「site:investors.ollies.us "share repurchase" "$500 million" "Ollie" 2022 OR 2023 OR 2024」无结果。
  8. web_search 成功 doubao_search · 464 ms
    web_search「site:investors.dollartree.com "share repurchase" "$2.5 billion" July 2026 Dollar Tree press release」无结果。
  9. web_search 成功 doubao_search · 1,793 ms
    豆包搜索结果(原始查询:off price retailer announces share repurchase authorization Burlington Ross Stores TJX press release buyback 2024 2025;API SearchType:web)
  10. web_search 成功 doubao_search · 1,618 ms
    豆包搜索结果(原始查询:OLLI stock October 13 2026 buyback reaction analyst guidance tariffs consumer weakness;API SearchType:web)
  11. web_search 成功 doubao_search · 1,630 ms
    豆包搜索结果(原始查询:Ollie's Bargain Outlet second quarter fiscal 2026 results guidance comparable sales August 2026;API SearchType:web)
  12. web_search 成功 doubao_search · 1,005 ms
    豆包搜索结果(原始查询:"Ollie's" "Announces" "$" "Share Repurchase Authorization" -2026;API SearchType:web)
  13. web_search 成功 doubao_search · 1,699 ms
    豆包搜索结果(原始查询:"Ollie's Bargain Outlet" "repurchase authorization" "2025";API SearchType:web)
  14. web_search 成功 doubao_search · 1,432 ms
    豆包搜索结果(原始查询:"Ollie's Bargain Outlet" "repurchase authorization" "2024";API SearchType:web)
  15. web_search 成功 doubao_search · 1,540 ms
    豆包搜索结果(原始查询:"Dollar Tree" "restores" "$2.5 billion" repurchase authorization July 2026;API SearchType:web)
  16. web_search 成功 doubao_search · 1,603 ms
    豆包搜索结果(原始查询:"Burlington Stores" "share repurchase authorization" announces million 2025 2024;API SearchType:web)
  17. web_search 成功 doubao_search · 1,605 ms
    豆包搜索结果(原始查询:"Ross Stores" "new" "share repurchase authorization" "$" billion announces;API SearchType:web)
  18. web_search 成功 doubao_search · 975 ms
    豆包搜索结果(原始查询:site:corporate.dollartree.com "July 2, 2026" "$2.5 billion" "repurchase";API SearchType:web)
  19. web_search 成功 doubao_search · 815 ms
    web_search「site:sec.gov/Archives/edgar/data Dollar Tree July 2 2026 8-K share repurchase $2.5 billion」无结果。
  20. web_search 成功 doubao_search · 1,072 ms
    豆包搜索结果(原始查询:"Announces New $300 Million Share Repurchase Authorization" "March 19, 2025" OLLI 8-K;API SearchType:web)
  21. web_search 成功 doubao_search · 1,695 ms
    豆包搜索结果(原始查询:"Announces New" "Million Share Repurchase Authorization" retailer GlobeNewswire 2025 NASDAQ buyback;API SearchType:web)
  22. web_search 成功 doubao_search · 1,647 ms
    豆包搜索结果(原始查询:"Board of Directors" "share repurchase authorization" "NASDAQ" retailer "2025" "GlobeNewswire" "$300 million";API SearchType:web)
  23. web_search 成功 doubao_search · 1,573 ms
    豆包搜索结果(原始查询:Wix $2 billion share repurchase January 29 2026 official press release;API SearchType:web)
  24. web_search 成功 doubao_search · 1,933 ms
    豆包搜索结果(原始查询:Ollie's March 19 2025 8-K 300 million repurchase SEC accession ef20045708 filing time;API SearchType:web)
  25. web_search 成功 doubao_search · 1,739 ms
    豆包搜索结果(原始查询:Etsy December 18 2025 $750 million share repurchase official SEC 8-K;API SearchType:web)
  26. web_search 成功 doubao_search · 1,743 ms
    豆包搜索结果(原始查询:Upwork February 18 2026 $300 million share repurchase SEC 8-K;API SearchType:web)
  27. event_study 降级 stock_tools HTTP · 1,867 ms
    1 precedent(s) rejected; 0 benchmark warning(s)

原文全文

展开原文 · 9,562 字
----- ef20083658_8k.htm -----
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM
8‑K
CURRENT REPORT
P
ursuant to Section 13 or 15(d) of the Securities Exchange Act of
1934
Date of report:
October 12, 2026
(Date of earliest event reported)
Ollie’s Bargain Outlet Holdings, Inc.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
001-37501
80-0848819
(Commission File Number)
(IRS Employer Identification No.)
6295 Allentown Boulevard
Suite 1
Harrisburg
,
Pennsylvania
17112
(Address of principal executive offices)
(Zip Code)
(
717
)
657-2300
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class
Trading Symbol
Name of each exchange on which registered
Common Stock, $0.001 par value
OLLI
The NASDAQ Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405)
or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2).
Emerging growth company
☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐.
Item 8.01
Other Events.
On October 13, 2026, the Company announced that its Board of Directors has approved a new $500 million share repurchase program, authorizing the Company to repurchase its common stock. Under the share repurchase program, the Company may repurchase shares in the open market at current market prices at the time of purchase or in privately negotiated transactions. The timing and actual number of shares repurchased under the program will depend on a variety of factors, including price, corporate and regulatory requirements, and other business and market conditions, and the Company may suspend or discontinue the share repurchase program at any time, and may thereafter reinstitute purchases, all without prior announcement. A copy of the press release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01
Financial Statements and Exhibits.
(d)
Exhibits
. The following exhibits are filed with this report:
Exhibit No.
Description
99.1
Press Release issued on October 13, 2026 of Ollie’s Bargain Outlet Holdings, Inc.
104
Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
Forward-Looking Statements
This Current Report on Form 8-K, including Exhibits 99.1, contains or may contain forward-looking statements
made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
Words such as “will,” “expect,” “anticipate,” “intend,” “may,” “could,” “should,” “plan,” “project,” “forecast,” “believe,” “estimate,” “guidance,” “outlook,” “trends,” “goals” and similar expressions generally identify these forward-looking statements. Forward-looking statements are based on the Company’s current expectations and assumptions regarding its business, capital market conditions, 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, the Company’s actual results may differ materially from those contemplated by the forward-looking statements. Factors or events that could cause the Company’s actual results to differ may emerge from time to time, and it is not possible for the Company to predict all of them. Any forward-looking statements made by the Company in this press release speak only as of the date on which they were made. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
OLLIE’S BARGAIN OUTLET HOLDINGS, INC.
By:
/s/ Jared Shure
Name:
Jared Shure
Title:
Senior Vice President, General Counsel and Corporate Secretary
Date: October 13, 2026
EXHIBIT INDEX
Exhibit No.
Description
99.1
Press Release issued on October 13, 2026 of Ollie’s Bargain Outlet Holdings, Inc.
104
Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
1

----- ef20083658_ex99-1.htm -----
EX-99.1
5
ef20083658_ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
Ollie’s Bargain Outlet Holdings, Inc. Announces
$500 Million Share Repurchase Authorization
HARRISBURG, PA – October 13, 2026
– Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) today announced that its Board of Directors has unanimously approved a new share repurchase authorization for the repurchase of an additional $500 million of the Company’s outstanding common stock. Including the Company’s existing share repurchase authorization, the Company now has approximately $561 million of aggregate share repurchase capacity.
“This new authorization underscores our conviction in the substantial long-term growth opportunity ahead.  It also demonstrates our confidence in the durability of Ollie’s business model, our ability to generate substantial cash flow over time, and in the strength of our financial position,” said Eric van der Valk, President and Chief Executive Officer. “We remain committed to our capital allocation priorities, including investing in new stores, strengthening the capabilities and infrastructure to support our growth, maintaining financial flexibility, and returning excess capital to shareholders through disciplined share repurchases. We believe this authorization reflects our confidence in the future of our business with our focus on creating long-term shareholder value.”
Since initiating its share repurchase program in 2019, the Company has returned approximately $679 million to shareholders through share repurchases while continuing to invest in new stores, supply chain capacity, and its strategic growth initiatives.
This new authorization has no expiration date and provides the Company with flexibility to execute repurchases over time, either through open market transactions, privately negotiated transactions, Rule 10b5-1 trading plans, or other permissible means, all at the Company’s discretion. The share repurchase program does not obligate the Company to repurchase any common stock and the program may be suspended, modified, or discontinued at any time.
About Ollie’s
Ollie’s is a leading off-price retailer of brand-name household products. Since our founding in 1982, our mission has been to sell Good Stuff Cheap®. We do this through a flexible buying model that focuses on closeout merchandise and excess inventory from suppliers and manufacturers around the world. Our stores offer Real Brands! Real Bargains!® in a treasure hunt environment at prices up to 70% below traditional retailers. As of August 1, 2026, we operated 686 stores in 36 states and growing! For more information, visit
www.ollies.com
.
Forward-Looking Statements
Statements in this press release may contain statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “will,” “expect,” “anticipate,” “intend,” “may,” “could,” “should,” “plan,” “project,” “forecast,” “believe,” “estimate,” “guidance,” “outlook,” “trends,” “goals” and similar expressions generally identify these forward-looking statements. Forward-looking statements are based on the Company’s current expectations and assumptions regarding its business, capital market conditions, 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, the Company’s actual results may differ materially from those contemplated by the forward-looking statements. Factors or events that could cause the Company’s actual results to differ may emerge from time to time, and it is not possible for the Company to predict all of them. Any forward-looking statements made by the Company in this press release speak only as of the date on which they were made. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
Investor Contact
John Rouleau
Managing Director, Corporate Communication & Business Development
JRouleau@ollies.us
Media Contact
Tom Kuypers
Senior Vice President, Marketing
tkuypers@ollies.us
2 | Page

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  1. 2ea1a8fe7c · 2026-10-13 19:47 · doubao / doubao-seed-evolving-latest-version · 策略包 2226518bfdee当前