Bob's Furniture Reports Q3 2026 Growth Driven by E-commerce and Store Expansion
Bob's Furniture (BOBS) reported strong third-quarter fiscal 2026 results, highlighted by net revenue of $680.4 million and an 18.5% increase in adjusted net income to $38.8 million. Growth was primarily fueled by a 3.8% rise in comparable sales and a significant 28% surge in e-commerce performance, which now accounts for 17.6% of total revenue. The company also expanded its physical footprint with 11 new store openings. Despite the top-line success, the company faced margin pressure due to an 80% year-over-year increase in diesel prices, leading to a slight decrease in adjusted gross margin to 45.7%. Management implemented 3.5% price increases to mitigate these rising fuel and inventory costs. Looking ahead, Bob's Furniture provided full-year revenue guidance between $2.6 billion and $2.625 billion.
Topics: adjusted ebitda comparable sales e-commerce growth net revenue store expansion