Bob’s Discount Furniture reports profit rise in IPO filing

Company Overview - Bob's Discount Furniture has filed for an IPO, confirming its intention to publicly offer common stock and list on the New York Stock Exchange under the ticker symbol "BOBS" [1] - The number of shares and price range for the offering have not yet been determined, and the offering is subject to market conditions [1] Financial Performance - For the nine months ended 28 September 2025, the company's revenue increased by 20% year-on-year to $1.71 billion, up from $1.42 billion in the same period the previous year [2][3] - Net income rose significantly by 64% to $80.6 million, compared to $49.3 million a year earlier [3] - Adjusted EBITDA increased by 35.7% to $164 million during the same period [4] - Operating income improved to $111 million, up from $65.5 million a year prior [4] Sales and Growth Metrics - Comparable sales growth was reported at 10.5% over the nine months, driven by strong performance in the retail channel [4] - The company expanded its physical presence, increasing its store count by 11.4% year-on-year to 206 locations as of 28 September 2025 [4] Employment and Operations - As of 28 September 2025, Bob's Discount Furniture employed over 5,800 team members across the United States [5] Supply Chain and Tariff Exposure - The company highlighted its exposure to tariffs, noting that a significant portion of its products is sourced from overseas suppliers, with Vietnam accounting for nearly 63% of product cost volume [3]