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Ollie's Bargain Outlet (OLLI) Stock Pops in After-Hours Trading on Strong Q2 Results

NEW YORK (TheStreet) -- Ollie's Bargain Outlet (OLLI) stock was jumping 8.18% to $27.50 in after-hours trading on Wednesday after the company posted higher-than-expected results for the 2016 fiscal second quarter.

After the market close, the Harrisburg, PA-based discount retailer reported adjusted earnings of 21 cents per diluted share, which surpassed Wall Street's projections of 18 cents per share.

Revenue grew 16.1% year-over-year to $211.3 million and beat analysts' estimates of $207.6 million.

Comparable-store sales rose 3.5% in the...


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