Ollie's Bargain Outlet (OLLI) saw its shares drop sharply by 5.72% in pre-market trading on Tuesday, following the release of its third-quarter earnings report.
The decline came after the company reported Q3 revenue of $613.619 million, slightly below the IBES estimate of $614 million. This minor revenue miss appears to have triggered investor concerns, leading to the pre-market sell-off.