Bob’s Discount Furniture reported third quarter 2026 revenue of $680.4 million, exceeding the analyst estimate of $666.21 million. Comparable sales growth of 3.8% significantly outperformed the company's full-year guidance range of 1.5% to 2.5%. The retailer opened 11 new locations during the period, ending with 229 stores across 28 states, and reaffirmed its full-year fiscal 2026 outlook.
Key Highlights
- Comparable sales growth of 3.8% was driven by higher average order values (AOV) and increased eCommerce traffic, successfully offsetting lower in-store footfall.
- The company recognized $4.9 million in IEEPA tariff refunds during the quarter, contributing to a GAAP gross margin of 46.4%; adjusted gross margin stood at 45.7%.
- Selling, general, and administrative (SG&A) expenses improved to 36.7% of revenue from 37.7% last year, showing broad-based leverage on higher sales performance.
- Management reaffirmed its fiscal year 2026 revenue guidance of $2.60 billion to $2.625 billion, which includes an estimated $46 million contribution from a 53rd week.