U.S. stocks were mixed, with the Dow Jones index falling more than 100 points on Wednesday.

Shares of Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) rose sharply during Wednesday's session following better-than-expected first-quarter earnings.

The company reported first-quarter FY24 sales growth of 10.8% year-on-year to $508.82 million, beating the analyst consensus estimate of $505.79 million. Adjusted EPS of 73 cents beat the analyst consensus estimate of 65 cents, according to data from Benzinga Pro.

Ollie's raised FY24 adjusted EPS outlook from $3.10 – $3.20 to $3.18 – $3.28, against the consensus of $3.19. The company raised FY24 sales outlook from $2.248 billion – $2.273 billion to $2.257 billion – $2.277 billion,  versus the Street view of $2.27 billion.

Ollie’s Bargain Outlet shares climbed 7.8% to $88.43 on Wednesday.

Here are some other big stocks recording gains in today’s session.

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