Ollie’s Bargain Outlet, Inc. (NASDAQ:OLLI), saw its shares gain some ground early Wednesday.
America’s largest retailer of closeouts and excess inventory, in partnership with Children’s Miracle Network Hospitals (CMN Hospitals), raised over half a million dollars nationwide from June 12 – July 9. The funds raised at Ollie’s stores will benefit 85 local member hospitals in communities Ollie’s serves.
“Since opening our doors 40 years ago, Ollie’s has valued giving back to kids in communities we serve, and we plan to keep that central to our culture for decades to come,” said CEO John Swygert.
“This year we have helped more hospitals than ever across our 29 state footprint. Although inflation is at an all-time high, we are amazed by the continued generosity of our customers and their willingness to help kids with urgent health needs.”
Children’s health is a local and global issue impacting the future of our communities and society at large. Children’s Miracle Network Hospitals raises funds for 170 children’s hospitals across the U.S. and Canada, helping make sure every child receives the best possible care.
Through unrestricted fundraising, local member hospitals are able to fulfill their most urgent needs. Whether that’s investing in research that discovers life-saving treatments and cures, training the next generation of doctors and nurses, or offering families comfort and peace of mind during the most trying moments of their lives, Children’s Miracle Network Hospitals’ funds are used where they are needed most.
OLLI shares tacked on 28 cents to $67.17.
