Bob's Discount Furniture Q2 revenue up 8.8%, net income up 64% on tariff refunds
Bob's Discount Furniture reported second-quarter fiscal 2026 results for the quarter ended June 28, 2026, with net revenue up 8.8% to $619.6 million. GAAP net income rose to $57.8 million, helped by $45.1 million in approved IEEPA tariff refunds, while adjusted net income, which excludes those refunds, fell to $27.8 million from $32.2 million. The company reaffirmed its full-year 2026 guidance but now expects higher pre-opening expenses of approximately $26 million.
Key points
- Net revenue of $619.6 million rose 8.8% from $569.5 million; comparable sales grew 2.3% and the company opened 4 new stores, ending with 218.
- GAAP net income of $57.8 million and diluted EPS of $0.43 compare with $35.2 million and $0.31 a year earlier; results include $45.1 million in approved IEEPA tariff refunds.
- Adjusted net income fell to $27.8 million from $32.2 million, adjusted diluted EPS fell to $0.20 from $0.29, and adjusted EBITDA fell to $60.8 million from $62.8 million.
- Full-year 2026 guidance reaffirmed: net revenues of $2,600 to $2,625 million and net income of $152 to $160 million; pre-opening expenses now expected at approximately $26 million versus $23 to $24 million previously.
The filing
Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2026.
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