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flag Ollie's Bargain Outlet sales rise, but profits fall; company plans new stores and share buyback.

flag Ollie's Bargain Outlet reported a 2.8% rise in fourth-quarter sales to $667.1 million but saw a profit drop to $68.55 million, or $1.11 per share, compared to $76.48 million, or $1.23 per share, last year. flag Adjusted earnings matched analysts' expectations at $1.19 per share. flag The company plans to open 75 new stores in fiscal 2025 and announced a $300 million share repurchase program.

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