# EDGAR Filing Document

**Accession Number:** 0001639300
**File Stem:** 0001140361-26-023811
**Filing Date:** 2026-6
**Character Count:** 23672
**Document Hash:** 6afdd243f0362d4fdb56e6d701fe43ec
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001140361-26-023811.hdr.sgml**: 20260603

**ACCESSION NUMBER**: 0001140361-26-023811

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20260603

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260603

**DATE AS OF CHANGE**: 20260603

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ollie's Bargain Outlet Holdings, Inc.
- **CENTRAL INDEX KEY:** 0001639300
- **STANDARD INDUSTRIAL CLASSIFICATION:** RETAIL-VARIETY STORES [5331]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 800848819
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0131

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-37501
- **FILM NUMBER:** 261058905

**BUSINESS ADDRESS:**
- **STREET 1:** 6295 ALLENTOWN BOULEVARD, SUITE 1
- **CITY:** HARRISBURG
- **STATE:** PA
- **ZIP:** 17112
- **BUSINESS PHONE:** 717 657-2300

**MAIL ADDRESS:**
- **STREET 1:** 6295 ALLENTOWN BOULEVARD, SUITE 1
- **CITY:** HARRISBURG
- **STATE:** PA
- **ZIP:** 17112

?xml version='1.0' encoding='ASCII'?

------

### UNITED STATES

### SECURITIES AND EXCHANGE COMMISSION

#### WASHINGTON, DC 20549

### FORM 8-K

#### CURRENT REPORT

#### Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

#### Date of report: June 3, 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**<br>| **80-0848819**<br>|
| (Commission File Number) | (IRS Employer Identification No.) |

---

---

| | |
|:---|:---|
| **6295 Allentown Boulevard**<br>|  |
| **Suite 1**<br>|  |
| **Harrisburg, Pennsylvania** | **17112**<br>|
| (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:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp; Title of Each Class | &nbsp;&nbsp; Trading Symbol | &nbsp;&nbsp; Name of each exchange on which registered |
| &nbsp;&nbsp; Common Stock, $0.001 par value<br>| &nbsp;&nbsp; OLLI<br>| 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 2.02** | **Results of Operations and Financial Condition.** |

---

On June 3, 2026, Ollie's Bargain Outlet Holdings, Inc. (the "Company") issued a press release announcing its financial results for the quarter ended May 2, 2026. A copy of the press release is furnished as Exhibit 99.1 to this current report and is incorporated by reference herein.

The information furnished in this Item 2.02 of on this Form 8-K, including the exhibit attached, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing.

---

| | |
|:---|:---|
| **Item 9.01** | **Financial Statements and Exhibits.** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Exhibits . The following exhibits are filed with this report:

<u> Exhibit No. </u> <u> Description </u> <br> 99.1 Press Release issued on June 3, 2026 of Ollie's Bargain Outlet Holdings, Inc. <br> 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.

------

#### 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.** | **OLLIE'S BARGAIN OUTLET HOLDINGS, INC.** | **OLLIE'S BARGAIN OUTLET HOLDINGS, INC.** |
|  | By: | /s/ Robert Helm | /s/ Robert Helm |
|  |  | Name: <br>| Robert Helm |
|  |  | Title: <br>| Executive Vice President and |
|  |  |  | Chief Financial Officer |
| Date: June 3, 2026 |  |  |  |

---

------

#### EXHIBIT INDEX
<u> Exhibit No. </u> <u> Description </u> <br> [99.1](ef20075441_ex99-1.htm) Press Release issued on June 3, 2026 of Ollie's Bargain Outlet Holdings, Inc. <br> 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.

------

## Exhibit 99.1

------

**Exhibit 99.1**<br>

![](image1.jpg)

#### <br>

#### Ollie's Bargain Outlet Holdings, Inc. Announces

#### First Quarter Fiscal 2026 Results

#### Earnings Ahead of Expectations

#### Net Sales Increased 14%, Earnings Per Share Increased 19%,

#### and Adjusted Earnings Per Share Increased 21%

#### <br>

#### Raising Fiscal 2026 Earnings Per Share Outlook

**HARRISBURG, PA – June 3, 2026** – Ollie's Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the "Company") today announced financial results for the first quarter ended May 2, 2026.

"We are very pleased with our first quarter results and the outstanding performance of our team," said Eric van der Valk, President and Chief Executive Officer. "We delivered strong earnings growth driven by solid top line results and unit growth, robust margins, and disciplined expense control. These results underscore the durability of our business model, the strength of our value proposition, and our ability to execute through a challenging consumer backdrop."

Mr. van der Valk continued, "On top of delivering strong earnings growth in the quarter, we continue to execute well against our strategic initiatives. We opened 27 new stores, grew our Ollie's Army membership base by 13%, made progress on our category productivity initiatives, reinvested in our supply chain, and returned $53 million to shareholders through share repurchases in the first quarter. Based on our solid start to the year, we are raising our earnings per share outlook for fiscal 2026."

---

| | | |
|:---|:---|:---|
|  | **Thirteen weeks ended** | **Thirteen weeks ended** |
| **Dollars in thousands, except per share data** | **May 2,**<br> **2026** | **May 3,<br> 2025** |
| Net sales | $658928 | $576767 |
| &nbsp;&nbsp;&nbsp; Yr/yr change | 14.2% | 13.4% |
| Comparable store sales change <sup>(1)</sup> | 1.7% | 2.6% |
| Net income | $56400 | $47560 |
| Net income per diluted share | $0.92 | $0.77 |
| Adjusted net income per diluted share | $0.91 | $0.75 |
| &nbsp;&nbsp;&nbsp; Yr/yr change | 21.3% | 2.7% |
| Adjusted EBITDA | $87892 | $72159 |
| &nbsp;&nbsp;&nbsp; % of net sales | 13.3% | 12.5% |
| Store openings | 27 | 25 |
| Store growth, yr/yr change | 15.1% | 13.2% |

---

<sup>(1)</sup> Calculated based on the comparable number of weeks from the prior year.

------

![](image00002.jpg)<br>

#### First Quarter 2026 Highlights and Year-Over-Year Comparisons
• Opened 27 new stores and ended the quarter with 672 stores in 35 states, an increase of 15.1%.

• Ollie's Army loyalty members increased 12.6% to 17.5 million members.

• Net sales increased 14.2% to $658.9 million, driven by new store unit growth and an increase in comparable store sales.

• Comparable store sales increased 1.7%, driven primarily by an increase in basket.

• Gross margin increased 80 basis points to 41.9%. This was above our expectation and driven by lower supply chain costs and a modest increase in merchandise margin.

• Selling, general, and administrative ("SG&A") expenses as a percentage of net sales was flat at 28.6%.

• Pre-opening expenses decreased 3.2% to $6.4 million, primarily driven by lower dark rent expense associated with the bankruptcy acquired stores, partially offset by an increase in store openings.

• Adjusted net income increased 21.3% to $55.9 million and adjusted net income per diluted share increased 21.3% to $0.91.

• Total cash and investments increased 26.7%, or $110.7 million, to $525.6 million. This included cash and cash equivalents of $197.7 million, short-term investments of $51.9 million, and long-term investments of $276.0 million.

• The Company invested $53.4 million of cash to repurchase 542,486 shares of its common stock. At the end of the first quarter, $205.4 million remained available for future share repurchases under the current share repurchase authorization.

------

---

| | |
|:---|:---|
| **2** | &nbsp;&nbsp;&nbsp;&nbsp;Page |

---

------

![](image00002.jpg)<br>

#### Outlook
The Company is raising its earnings per share outlook for the 2026 fiscal year ending January 30, 2027. A table comparing the current outlook metrics to the previous outlook metrics is below. These metrics do not assume any impact from IEEPA tariff refunds.

---

| | | |
|:---|:---|:---|
|  | **Current** | **Previous** |
| New store openings | 75 | 75 |
| Net sales | $2.980 to $3.000 billion | $2.985 to $3.013 billion |
| Comparable store sales growth | ~2% | ~2% |
| Gross margin | ~40.7% | ~40.5% |
| Operating income | $340 to $348 million | $339 to $348 million |
| Adjusted net income <sup>(1)(2)</sup> | $271 to $277 million | $270 to $277 million |
| Adjusted net income per diluted share<sup>(1)(2)</sup> | $4.45 to $4.55 | $4.40 to $4.50 |
| Annual effective tax rate<sup>(2)</sup> | ~25% | ~25% |
| Diluted weighted average shares outstanding | ~60.9 million | ~61.4 million |
| Capital expenditures | $103 to $113 million | $103 to $113 million |
| Share repurchases | ~$125 million | ~$100 million |

---

<sup>(1)</sup> Includes interest income of approximately $21 million.

<sup>(2)</sup> Excludes the excess tax benefits related to stock-based compensation, as the Company cannot predict such estimates without unreasonable effort.

#### Conference Call Information
A conference call to discuss first quarter 2026 financial results is scheduled for today, June 3, 2026, at 8:30 a.m. Eastern Time. To access the live conference call, please preregister <u>here</u><u>.</u> Registrants will receive a confirmation with dial-in instructions. Interested parties can also listen to a live webcast or replay of the conference call by logging on to the Investor Relations section on the Company's website at <u>https://investors.ollies.com/</u>. A replay of the conference call webcast will be available on the investor relations website for one year.

#### 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 May 2, 2026, we operated 672 stores in 35 states and growing! For more information, visit <u>www.ollies.com</u>.

#### Non-GAAP Reconciliation
The Company's results are reported in this press release on a GAAP and as adjusted, non-GAAP basis. Adjusted net income (loss), Adjusted net income (loss) per diluted share, EBITDA, and Adjusted EBITDA are non-GAAP measures, and are not intended to replace GAAP financial information, and may be different from non-GAAP measures reported by other companies. The Company believes the income and expense items excluded as non-GAAP adjustments are not reflective of the performance of its core business, and that providing this supplemental disclosure to investors will facilitate comparisons of the past and present performance of its core business.

Please refer to the "Reconciliation of GAAP to Non-GAAP Financial Measures" table included in this press release, which sets forth the non-GAAP operating adjustments for the 13-week periods ended May 2, 2026 and May 3, 2025.

------

---

| | |
|:---|:---|
| **3** | &nbsp;&nbsp;&nbsp;&nbsp;Page |

---

------

![](image00002.jpg)<br>

#### Forward-Looking Statements
This press release contains certain forward-looking statements, which includes but is not limited to statements regarding industry trends, value creation, customer trends, new stores, distribution centers, and various financial outlook figures, including new store openings, net sales, comparable store sales, gross margin, SG&A, operating income, net income, adjusted net income, adjusted net income per diluted share, effective tax rate, diluted weighted average shares outstanding and capital expenditures. All forward-looking statements are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, are subject to the finalization of the Company's quarterly financial and accounting procedures, and may be affected by certain risks and uncertainties, any one, or a combination, of which could materially affect the results of the Company's operations. Forward-looking statements are usually identified by or are associated with such words as "could", "may", "might", "will," "likely", "anticipates", "intends", "plans", "believes", "estimates", "expects", "continues", "projects", "forecasts", and similar terminology. Actual results could vary materially from the expectations reflected in these statements. As with any business, all phases of our operations are subject to factors outside of our control. These factors include, without limitation, the impact of the recent tariff announcements and the corresponding macroeconomic pressures and those factors discussed in the "Risk Factors" section of the Company's Annual Reports or Form 10-K and other filings with the Securities and Exchange Commission. Forward-looking statements made by or on behalf of the Company are based on knowledge of its business and the environment in which it operates, but because of the factors listed above, actual results could differ materially from those reflected by any forward-looking statements. Consequently, all of the forward-looking statements made are qualified by these cautionary statements and those contained in the Company's Annual Report on Form 10-K, quarterly reports on Form 10-Q, and other filings with the Securities and Exchange Commission. There can be no assurance that the results or developments anticipated by the Company will be realized or, even if substantially realized, that they will have the expected consequences to or effects on the Company or its business and operations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not undertake any obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, except as required by law.

#### Investor Contact
John Rouleau

Managing Director of Corporate Communication & Business Development

<u>JRouleau@ollies.us</u>

#### Media Contact
Tom Kuypers

Senior Vice President, Marketing

<u>tkuypers@ollies.us</u>

------

---

| | |
|:---|:---|
| **4** | &nbsp;&nbsp;&nbsp;&nbsp;Page |

---

------

![](image00002.jpg)<br>

#### Ollie's Bargain Outlet Holdings, Inc.

#### Condensed Consolidated Statements of Income (unaudited)

#### (In thousands except for per share amounts)

---

| | | |
|:---|:---|:---|
|  | **Thirteen weeks ended** | **Thirteen weeks ended** |
|  | **May 2,**<br> **2026** | **May 3,**<br> **2025** |
| Net sales | $658928 | $576767 |
| Cost of sales | 382964 | 339736 |
| **Gross profit** | 275964 | 237031 |
| Selling, general and administrative expenses | 188682 | 164832 |
| Depreciation and amortization expenses | 11283 | 9357 |
| Pre-opening expenses | 6442 | 6656 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Operating income** | 69557 | 56186 |
| Interest income, net | (4966) | (4788) |
| Income before income taxes | 74523 | 60974 |
| Income tax expense | 18123 | 13414 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Net income** | $56400 | $47560 |
| **Earnings per common share:** |  |  |
| &nbsp;&nbsp;&nbsp; Basic | $0.93 | $0.78 |
| &nbsp;&nbsp;&nbsp; Diluted | $0.92 | $0.77 |
| **Weighted average common shares outstanding:** |  |  |
| &nbsp;&nbsp;&nbsp; Basic | 60884 | 61343 |
| &nbsp;&nbsp;&nbsp; Diluted | 61191 | 61816 |
| **Percentage of net sales:** |  |  |
| Net sales | 100.0% | 100.0% |
| Cost of sales | 58.1 | 58.9 |
| Gross profit | 41.9 | 41.1 |
| Selling, general and administrative expenses | 28.6 | 28.6 |
| Depreciation and amortization expenses | 1.7 | 1.6 |
| Pre-opening expenses | 1.0 | 1.2 |
| Operating income | 10.6 | 9.7 |
| Interest income, net | (0.8) | (0.8) |
| Income before income taxes | 11.3 | 10.6 |
| Income tax expense | 2.8 | 2.3 |
| Net income | 8.6% | 8.2% |

---

Components may not add to totals due to rounding.

------

---

| | |
|:---|:---|
| **5** | &nbsp;&nbsp;&nbsp;&nbsp;Page |

---

------

![](image00002.jpg)<br>

#### Ollie's Bargain Outlet Holdings, Inc.

#### Condensed Consolidated Balance Sheets (unaudited)

#### (In thousands)

---

| | | |
|:---|:---|:---|
| **Assets** | **May 2,**<br> **2026** | **May 3,**<br> **2025** |
| Current assets: |  |  |
| &nbsp;&nbsp;&nbsp; Cash and cash equivalents | $197673 | $199018 |
| &nbsp;&nbsp;&nbsp; Short-term investments | 51886 | 170490 |
| &nbsp;&nbsp;&nbsp; Inventories | 686922 | 611852 |
| &nbsp;&nbsp;&nbsp; Accounts receivable | 4887 | 2348 |
| &nbsp;&nbsp;&nbsp; Prepaid expenses and other current assets | 19621 | 14313 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total current assets** | 960989 | 998021 |
| Property and equipment, net | 398308 | 346151 |
| Operating lease right-of-use assets | 680820 | 639664 |
| Goodwill | 444850 | 444850 |
| Trade name | 230559 | 230559 |
| Long-term investments | 276038 | 45355 |
| Other assets | 2335 | 2379 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total assets** | $2993899 | $2706979 |
| **Liabilities and Stockholders' Equity** |  |  |
| Current liabilities: |  |  |
| &nbsp;&nbsp;&nbsp; Current portion of long-term debt | $844 | $566 |
| &nbsp;&nbsp;&nbsp; Accounts payable | 154751 | 137869 |
| &nbsp;&nbsp;&nbsp; Income taxes payable | 25952 | 14364 |
| &nbsp;&nbsp;&nbsp; Current portion of operating lease liabilities | 111764 | 99767 |
| &nbsp;&nbsp;&nbsp; Accrued expenses and other current liabilities | 120909 | 95238 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total current liabilities** | 414220 | 347804 |
| Long-term debt | 1513 | 925 |
| Deferred income taxes | 91905 | 81006 |
| Long-term portion of operating lease liabilities | 596175 | 547431 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total liabilities** | 1103813 | 977166 |
| Stockholders' equity: |  |  |
| &nbsp;&nbsp;&nbsp; Common stock | 68 | 68 |
| &nbsp;&nbsp;&nbsp; Additional paid-in capital | 760276 | 739333 |
| &nbsp;&nbsp;&nbsp; Retained earnings | 1664709 | 1415273 |
| &nbsp;&nbsp;&nbsp; Treasury - common stock | (534967) | (424861) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total stockholders' equity** | 1890086 | 1729813 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total liabilities and stockholders' equity** | $2993899 | $2706979 |

---

------

---

| | |
|:---|:---|
| **6** | &nbsp;&nbsp;&nbsp;&nbsp;Page |

---

------

![](image00002.jpg)<br>

#### Ollie's Bargain Outlet Holdings, Inc.

#### Condensed Consolidated Statements of Cash Flows (unaudited)

#### (In thousands)

---

| | | |
|:---|:---|:---|
|  | **Thirteen weeks ended** | **Thirteen weeks ended** |
|  | **May 2,**<br> **2026** | **May 3,**<br> **2025** |
| Net cash provided by operating activities | $45501 | $28702 |
| Net cash used in investing activities | (49561) | (18266) |
| Net cash used in financing activities | (57947) | (16541) |
| &nbsp;&nbsp;&nbsp; Net decrease in cash and cash equivalents | (62007) | (6105) |
| &nbsp;&nbsp;&nbsp; Cash and cash equivalents, beginning of the period | 259680 | 205123 |
| &nbsp;&nbsp;&nbsp; Cash and cash equivalents, end of the period | $197673 | $199018 |

---

#### Ollie's Bargain Outlet Holdings, Inc.

#### Reconciliation of GAAP to Non-GAAP Financial Measures (unaudited)

#### (In thousands except for per share amounts)

---

| | | |
|:---|:---|:---|
|  | **Thirteen weeks ended** | **Thirteen weeks ended** |
|  | **May 2,**<br> **2026** | **May 3,**<br> **2025** |
| Net income | $56400 | $47560 |
| Excess tax benefits related to stock-based compensation <sup>(1)</sup> | (494) | (1487) |
| Adjusted net income | $55906 | $46073 |
| Net income per diluted share | $0.92 | $0.77 |
| Adjustments as noted above, per dilutive share: |  |  |
| &nbsp;&nbsp;&nbsp; Excess tax benefits related to stock-based compensation <sup>(1)</sup> | (0.01) | (0.02) |
| Adjusted net income per diluted share | $0.91 | $0.75 |
| Diluted weighted-average common shares outstanding | 61191 | 61816 |
| Net income | $56400 | $47560 |
| Interest income, net | (4966) | (4788) |
| Depreciation and amortization expenses | 14934 | 12809 |
| Income tax expense | 18123 | 13414 |
| EBITDA | 84491 | 68995 |
| Non-cash stock-based compensation expense | 3401 | 3164 |
| Adjusted EBITDA | $87892 | $72159 |

---

------

Components may not add to totals due to rounding.

<sup>(1)</sup> Amount represents the impact from the recognition of excess tax benefits pursuant to Accounting Standards Update 2016-09, Stock Compensation

------

---

| | |
|:---|:---|
| **7** | &nbsp;&nbsp;&nbsp;&nbsp;Page |

---

------

![](image00002.jpg)<br>

#### Ollie's Bargain Outlet Holdings, Inc.

#### Key Statistics (unaudited)

#### (Dollars in thousands)

---

| | | |
|:---|:---|:---|
|  | **Thirteen weeks ended** | **Thirteen weeks ended** |
|  | **May 2,**<br> **2026** | **May 3,<br> 2025** |
| Number of stores - beginning of period | 645 | 559 |
| &nbsp;&nbsp;&nbsp; Store openings | 27 | 25 |
| &nbsp;&nbsp;&nbsp; Store closings | - | - |
| Number of stores - end of period | 672 | 584 |
| Yr/yr store growth | 15.1% | 13.2% |
| Comparable stores sales change | 1.7% | 2.6% |
| Comparable store count – end of period | 557 | 508 |
| Total cash and investments <sup>(1)</sup> | $525597 | $414863 |
| Capital expenditures | $25474 | $26740 |
| Share repurchases | $53366 | $17107 |

---

<sup>(1)</sup> Includes cash and cash equivalents, short-term investments, and long-term investments.

------

---

| | |
|:---|:---|
| **8** | &nbsp;&nbsp;&nbsp;&nbsp;Page |

---

------