What Happened?

Shares of discount retail company Ollie’s Bargain Outlet (NASDAQ: OLLI) fell 1.9% in the afternoon session after the stock's negative momentum continued as a key report showed a drop in U.S. consumer confidence. 

The Conference Board reported that its Consumer Confidence Index fell in September to its lowest level since April 2025. The decline was attributed to a sharp deterioration in consumers' views of the current economic situation and job market.

The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Ollie's? Access our full analysis report here, it’s free.

What Is The Market Telling Us

Ollie’s shares are somewhat volatile and have had 12 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.

Ollie's is up 19.5% since the beginning of the year, and at $129.41 per share, it is trading close to its 52-week high of $140.80 from August 2025. Investors who bought $1,000 worth of Ollie’s shares 5 years ago would now be looking at an investment worth $1,481.

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