Business Context and Reporting Period
This Form 8-K reports on the Annual Meeting of Stockholders held by Ollie's Bargain Outlet Holdings, Inc. on June 7, 2017. The filing details the outcomes of shareholder votes regarding board elections and auditor ratification.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results.
Material Changes and Voting Results
The following matters were submitted to a vote of security holders:
- Election of Directors: Two Class II directors were elected to serve until the 2020 annual meeting.
- Robert Fisch: 45,199,682 votes For; 12,340,108 votes Withheld; 1,949,830 Broker Non-Votes.
- Richard Zannino: 42,047,569 votes For; 15,492,221 votes Withheld; 1,949,830 Broker Non-Votes.
- Ratification of Auditors: The selection of KPMG LLP as the independent registered public accounting firm for the year ending February 3, 2018, was approved.
- Votes For: 59,182,096
- Votes Against: 245,899
- Votes Abstain: 61,625
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Key Facts for Investor Verification
- Both director nominees (Robert Fisch and Richard Zannino) were successfully elected.
- Shareholders approved the appointment of KPMG LLP as the independent auditor for the fiscal year ending February 3, 2018.
- Broker non-votes were recorded for the director elections but did not affect the outcome as the nominees received a majority of votes cast.
- The report contains no financial performance data; investors should refer to the most recent 10-K or 10-Q for financial metrics.