Ollie’s Beats Wall Street In Q4

For the fourth quarter ending January 28, Ollie’s Bargain Outlets posted net income of $24.4 million, or 39 cents per diluted share, versus $16.1 million, or 26 center per diluted share, in the period a year earlier.

Lifetime Urges Caution After Acquisition Bid

Lifetime Brands has confirmed the receipt of an unsolicited non-binding indication of interest from Mill Road Capital Management LLC as regards acquiring all of Lifetimes outstanding shares that it does not already own, cautioning at the same time that its board of directors has made no decisions regarding that communication.