Bob’s Discount Furniture (NYSE:BOBS) Issues Quarterly Earnings Results, Meets Expectations

Bob’s Discount Furniture (NYSE:BOBS) issued its quarterly earnings results on Thursday. The company reported $0.28 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.28, Zacks reports. The firm had revenue of $680.44 million during the quarter. During the same period in the prior year, the company earned $0.29 EPS. The firm’s revenue was up 10.3% compared to the same quarter last year.

Here are the key takeaways from Bob’s Discount Furniture’s conference call:

• Third-quarter revenue rose 10.3% to $680 million, with comparable sales up 3.8%; adjusted EBITDA increased 18% to $75.5 million, and adjusted EBITDA margin expanded to 11.1%.
• Omnichannel sales continued to gain traction: e-commerce sales grew approximately 28%, reaching 17.6% of revenue, while customers using both stores and digital channels spent nearly 20% more per order than average.
• Bob’s opened a record 11 stores in the quarter, bringing the year-to-date total to 20; management said newer store cohorts are generally exceeding expectations and reiterated its target of 10% unit growth in 2027.
• Fuel and inventory costs pressured gross margin, which fell 30 basis points to 45.7% excluding a tariff refund; management now expects full-year gross margin to decline 20–30 basis points, though it maintained its revenue and adjusted EBITDA outlook.

Bob’s Discount Furniture Stock Performance

Shares of NYSE:BOBS traded up $0.99 on Thursday, hitting $19.32. 2,532,366 shares of the company’s stock were exchanged, compared to its average volume of 733,668. Bob’s Discount Furniture has a 1-year low of $9.73 and a 1-year high of $23.49. The company has a current ratio of 0.90, a quick ratio of 0.28 and a debt-to-equity ratio of 0.14. The firm’s 50-day moving average is $15.46 and its 200 day moving average is $15.03.

Analyst Ratings Changes

Several research analysts have commented on BOBS shares. Royal Bank Of Canada reiterated an “outperform” rating on shares of Bob’s Discount Furniture in a report on Monday, October 26th. Weiss Ratings upgraded shares of Bob’s Discount Furniture from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, August 17th. Evercore set a $18.00 price objective on shares of Bob’s Discount Furniture in a report on Tuesday, October 13th. Finally, Robert W. Baird set a $19.00 price objective on shares of Bob’s Discount Furniture in a research report on Friday, August 7th. Eleven investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $23.83.

Bob’s Discount Furniture Company Profile

Bob’s Discount Furniture is a U.S. furniture retailer that sells a broad selection of furniture and home furnishings at value-oriented prices. Its merchandise includes living room, bedroom, dining room and home office furniture, as well as mattresses, rugs, lighting, décor and other household products.

The company was founded in 1991 by Robert “Bob” Kaufman in Newington, Connecticut. Bob’s operates an omnichannel retail model that combines a network of showrooms with online shopping and related delivery and service capabilities.