Ollie's Bargain Outlet Holdings is a holding company. Co. and its subsidiaries buys overproduced, overstocked, and closeout merchandise from manufacturers, wholesalers, and other retailers. Co.'s product offerings include: cooking utensils, dishes, appliances, plastic containers, cutlery, storage and garbage bags, detergents and cleaning supplies; packaged food including coffee, bottled non-carbonated beverages and salty snacks; household goods including bedding and towels; books and stationery; floor coverings including laminate flooring, commercial and residential carpeting, area rugs and floor mats; and electronics, including air conditioners, home electronics and cellular accessories. We show 19 historical shares outstanding datapoints in our OLLI shares outstanding history coverage, used to compute OLLI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing OLLI market cap history over the course of time is important for investors
interested in comparing OLLI's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of OLLI versus a peer is one thing; comparing
OLLI market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like OLLI can fluctuate over the course of history.
With this page we aim to empower investors researching OLLI by allowing them to research the OLLI market cap history. |
Video: The Importance of Market Cap
