Bob’s Discount Furniture lifts first-quarter revenue by 8.5%

US-based Bob’s Discount Furniture posted an 8.5% emergence successful nett gross successful the archetypal 4th (Q1) of fiscal twelvemonth 2026 (FY26) and maintained its full-year 2026 fiscal guidance.

For the 4th ended 29 March 2026, nett gross reached $578.09m, up from $532.7m successful the aforesaid 4th of FY25.

Comparable income were up 1.2%, supported by higher conversion rates and mean bid worth crossed retail and e-commerce channels.

The institution said this was partially offset by reduced in-store postulation during periods affected by terrible wintertime weather.

The retailer opened 5 caller stores successful the quarter, taking its property to 214 stores crossed 26 US states by the extremity of the period.

Net income fell to $2.5m from $13.1m a twelvemonth earlier portion adjusted nett income declined to $11.1m from $14.1m.

Diluted nett income per stock decreased to $0.02 from $0.12.

Gross nett accrued 8.4% year-on-year to $256.5m portion gross borderline was unchanged astatine 44.4%.

The institution said borderline show reflected a favourable merchandise mix, decreased freight costs and higher extortion program margins, offset by fixed costs related to its caller Midwest determination organisation centre and inventory growth.

Adjusted net earlier interest, taxes, depreciation, and amortisation (EBITDA) edged up to $37.6m from $37.3m successful Q1 FY25 portion adjusted EBITDA borderline declined to 6.5% from 7.0%.

Bob’s Discount Furniture besides reaffirmed its fiscal twelvemonth 2026 guidance.

It forecast nett revenues of $2.60bn to $2.625bn and comparable income maturation of 1.5% to 2.5%.

For the afloat year, the institution expects nett income of $113m to $121m and adjusted EBITDA of $255m to $265m.

The retailer said FY26 includes a 53rd week, which is expected to lend $40m successful nett revenues, $3.5m successful nett income and $5m successful adjusted EBITDA.

"Bob’s Discount Furniture lifts first-quarter gross by 8.5%" was primitively created and published by Retail Insight Network, a GlobalData owned brand.

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