Ollie's Bargain Outlet (NASDAQ: OLLI) reported strong Q1 fiscal 2025 results with net sales increasing 13.4% to $576.8M and comparable store sales rising 2.6%. The company opened 25 new stores, including 18 former Big Lots locations, expanding to 584 stores across 32 states. Adjusted net income per diluted share reached $0.75, while Adjusted EBITDA was $72.2M. The company maintains a strong financial position with $414.9M in total cash and investments, up 21.5% year-over-year. Ollie's Army loyalty program grew 9.2% to 15.5M members. The company reaffirmed its fiscal 2025 outlook, projecting net sales of $2.579-2.599B and plans to open 75 new stores. During Q1, OLLI repurchased 159,757 shares for $17.1M, with $315.5M remaining in the buyback authorization.