Ollie’s Bargain Outlet appoints Jared Shure as Senior VP, General Counsel, effective June 1, 2026.
Quiver AI Summary
Ollie’s Bargain Outlet Holdings, Inc. has appointed Jared Shure as Senior Vice President, General Counsel, and Corporate Secretary, effective June 1, 2026. Shure, who previously served as Chief Administrative Officer and General Counsel at The Children’s Place, brings nearly 20 years of legal and business experience to Ollie’s. He will oversee the company’s legal, compliance, and corporate governance functions and report directly to President and CEO Eric van der Valk. Both van der Valk and Shure expressed enthusiasm about his role in supporting Ollie’s strategic priorities and growth. Ollie’s is a prominent off-price retailer known for offering significant discounts on brand name household products.
Potential Positives
- Appointment of Jared Shure as Senior Vice President and General Counsel strengthens the company's leadership team with his extensive experience in legal and corporate governance.
- Shure's background in overseeing legal and human resources functions demonstrates the company's commitment to compliance and risk management, which can enhance operational stability.
- His proven strategic partnership experience indicates potential for improved alignment with the company's strategic priorities and growth objectives.
- The ongoing expansion of Ollie's, with 645 stores across 34 states, highlights the company's growth trajectory and market presence in the off-price retail sector.
Potential Negatives
- The announcement of a new Senior Vice President from outside the company may raise concerns about internal leadership stability and potential cultural integration issues.
- Mr. Shure's previous position as Chief Administrative Officer at The Children's Place, a company that has experienced significant challenges, could lead to questions regarding his track record and suitability for Ollie's leadership.
- The timing of the press release may suggest that the company is responding to internal pressures or operational challenges, prompting scrutiny from analysts and investors.
FAQ
Who is the new Senior Vice President at Ollie's Bargain Outlet?
Jared Shure has been appointed as Senior Vice President, General Counsel and Corporate Secretary at Ollie's Bargain Outlet.
What experience does Jared Shure bring to Ollie's?
He has nearly 20 years of business and legal experience, with previous roles at The Children’s Place, Kate Spade & Company, and Tapestry, Inc.
What will Jared Shure oversee at Ollie's?
He will oversee the legal, compliance, and corporate governance functions of the company.
Who did Jared Shure report to in his previous position?
In his previous role at The Children’s Place, he reported to the Chief Executive Officer.
What is the mission of Ollie's Bargain Outlet?
Ollie's mission is to sell Good Stuff Cheap® through a flexible buying model focused on closeout merchandise.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$OLLI Insider Trading Activity
$OLLI insiders have traded $OLLI stock on the open market 5 times in the past 6 months. Of those trades, 0 have been purchases and 5 have been sales.
Here’s a breakdown of recent trading of $OLLI stock by insiders over the last 6 months:
- JOHN W SWYGERT (Executive Chairman) has made 0 purchases and 4 sales selling 13,585 shares for an estimated $1,275,397.
- ALISSA M AHLMAN sold 29 shares for an estimated $3,197
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$OLLI Revenue
$OLLI had revenues of $779.3M in Q4 2026.
You can track OLLI financials on Quiver Quantitative's OLLI stock page.
You can access data on OLLI stock through the Quiver Quantitative API.
$OLLI Hedge Fund Activity
We have seen 252 institutional investors add shares of $OLLI stock to their portfolio, and 281 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- POINT72 ASSET MANAGEMENT, L.P. added 1,042,883 shares (+inf%) to their portfolio in Q1 2026, for an estimated $96,153,812
- CITADEL ADVISORS LLC removed 1,013,536 shares (-67.1%) from their portfolio in Q1 2026, for an estimated $93,448,019
- UBS GROUP AG added 947,316 shares (+132.4%) to their portfolio in Q1 2026, for an estimated $87,342,535
- CAPITAL INTERNATIONAL INVESTORS added 762,850 shares (+inf%) to their portfolio in Q1 2026, for an estimated $70,334,770
- GOLDMAN SACHS GROUP INC added 719,851 shares (+42.2%) to their portfolio in Q1 2026, for an estimated $66,370,262
- AQR CAPITAL MANAGEMENT LLC added 718,458 shares (+225.5%) to their portfolio in Q1 2026, for an estimated $66,241,827
- DRIEHAUS CAPITAL MANAGEMENT LLC removed 597,777 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $65,522,336
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$OLLI Analyst Ratings
Wall Street analysts have issued reports on $OLLI in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Loop Capital issued a "Buy" rating on 12/22/2025
- Piper Sandler issued a "Overweight" rating on 12/10/2025
To track analyst ratings and price targets for $OLLI, check out Quiver Quantitative's $OLLI forecast page.
$OLLI Price Targets
Multiple analysts have issued price targets for $OLLI recently. We have seen 9 analysts offer price targets for $OLLI in the last 6 months, with a median target of $130.0.
Here are some recent targets:
- Steven Shemesh from RBC Capital set a target price of $152.0 on 05/27/2026
- Edward Kelly from Wells Fargo set a target price of $115.0 on 05/13/2026
- Steven Zaccone from Citigroup set a target price of $111.0 on 05/12/2026
- Matthew Boss from JP Morgan set a target price of $152.0 on 04/13/2026
- Randal Konik from Jefferies set a target price of $130.0 on 04/02/2026
- Simeon Gutman from Morgan Stanley set a target price of $120.0 on 03/13/2026
- Peter Keith from Piper Sandler set a target price of $128.0 on 03/13/2026
Full Release
HARRISBURG, Pa., June 01, 2026 (GLOBE NEWSWIRE) -- Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) today announced the appointment of Jared Shure as Senior Vice President, General Counsel and Corporate Secretary, effective June 1, 2026. Mr. Shure joins Ollie’s from The Children’s Place, where he most recently served as Chief Administrative Officer, General Counsel and Corporate Secretary, overseeing legal, human resources, corporate governance, and enterprise risk functions.
In his role with Ollie’s, Mr. Shure will report to Eric van der Valk, President and Chief Executive Officer, and will oversee the Company’s legal, compliance, and corporate governance functions. He will work closely with the Board of Directors and serve as a member of the Company’s senior leadership team.
“We are excited to welcome Jared to our leadership team,” said Eric van der Valk, President and Chief Executive Officer. “Jared is a proven strategic partner with significant leadership experience in complex organizations and deep expertise in corporate governance and risk management. He is also a servant leader who shares our passion for enhancing the lives of our customers through selling Good Stuff Cheap.”
“I am excited to join the team at Ollie’s given its strong value proposition and differentiated operating model,” said Mr. Shure. “I look forward to partnering with the leadership team and Board of Directors to support the Company’s strategic priorities and continued growth moving forward.”
Shure brings nearly 20 years of business and legal experience to Ollie’s. Prior to his role with The Children’s Place, he served in senior legal roles at Kate Spade & Company and Tapestry, Inc. He began his legal career as a mergers and acquisitions associate at Paul, Weiss, Rifkind, Wharton & Garrison LLP and O’Melveny & Myers LLP. Shure earned his BS in Business Administration from the University of North Carolina at Chapel Hill and his JD from Cornell Law School.
About Ollie’s
Ollie’s is a leading off-price retailer of brand name household products. Since our founding in 1982, our mission has been to sell Good Stuff Cheap®. We do this through a flexible buying model that focuses on closeout merchandise and excess inventory from suppliers and manufacturers around the world. Our stores offer Real Brands! Real Bargains! ® in a treasure hunt environment at prices up to 70% below traditional retailers. As of January 31, 2026, we operated 645 stores in 34 states and growing! For more information, visit www.ollies.com .
Investor Contact
John Rouleau
Managing Director of Corporate Communication & Business Development
[email protected]
Media Contact
Tom Kuypers
Senior Vice President, Marketing
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