Robert W. Baird & Co. Incorporated on Ollie's Bargain Outlet
Thesis
Baird re-established a position in Ollie's Bargain Outlet during the quarter. The investment team expects new merchandising leadership to improve execution and operating performance. It also believes recent retail bankruptcies have created a more favorable competitive environment for the company. Together, these factors should support stronger operating results.
“new merchandising leadership and a more favorable competitive backdrop following recent retail bankruptcies should support stronger operating performance”