BOBS earnings analysis
What we found in BOBS's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
Bob's Discount Furniture, Inc. reported Q1 2026 results with revenues of $578.1 million, a 8.5% increase year-over-year, and an earnings per share (EPS) of $0.09, exceeding expectations of $0.07. Despite revenue growth, net income dropped significantly to $2.5 million, down 80.9% from the previous year's $13.1 million, primarily due to increased operational costs and interest expenses.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Revenue Growth of 8.5%
- Net revenues increased by $45.3 million to $578.1 million compared to $532.8 million in the same quarter last year.
- EPS Beat Consensus Estimates
- Reported EPS of $0.09 exceeded the estimated EPS of $0.07, resulting in an EPS surprise of 28.57%.
- Comparable Sales Growth
- Comparable sales increased by 1.2%, driven by improved conversion and average order value.
- Increased Operating Cash Flow
- Operating cash flow increased to $28.9 million from $3.7 million in Q1 2025.
- New Store Openings
- The company opened five new stores and a Midwest regional distribution center in the quarter.
- Stable Gross Margin
- Gross margin remained flat at 44.4% despite rising costs.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Significant Net Income Decline
- Net income fell to $2.5 million, an 80.9% decrease from $13.1 million in Q1 2025.
- Rising Interest Expenses
- Interest expenses increased to $15.3 million, a $14.4 million rise compared to Q1 2025.
- Increased SG&A Expenses
- SG&A expenses grew by 9% to $235.1 million, affected by new store costs and increasing payroll.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $0.09
- Gross margin
- 44.4%
- Operating margin
- 3.0%
What they said about what is next.
The company reaffirmed full-year 2026 guidance of $2.6 billion to $2.625 billion in revenues and EPS expectations between $0.84 and $0.95.
The filing reads about the same as the one before it.
What came before.
- 10-K · March 18, 2026
- Bob’s presents a clear growth-and-scale strategy anchored in an omnichannel model, with 209 showrooms across 26 states (as of December 28, 2025) and a stated path to more than 500 stores by 2035. The company emphasizes…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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