by Company size and profitability, along with risk factors and opportunities are highlighted in its its registration statement filed with the US Securities and Exchange Commission
MANCHESTER, Conn. — Documents filed as part Bob’s Discount Furniture’s registration statement for an initial public stock offering provide a window into the company’s history, growth and its financials, including revenue and profitability.
This and other information highlighting the company’s product selection, community service and corporate culture are documented on Form S-1, which it filed with the United States Securities and Exchange Commission Jan. 9.
According to its filing, the number of shares to be offered and the price range for the proposed offering have not yet been determined. It noted that the proposed offering “is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.”
It did note that it plans to list its common stock on the New York Stock Exchange under the ticker symbol “BOBS.”
Established in Newington, Connecticut, in 1991, the company had 206 stores as of Sept. 28, 2025, up from 185, the same period a year earlier.
It reported net revenue of $1.72 billion, up from $1.43 billion a year earlier and net income of $80.7 million, compared with $49.3 million the same nine-month-period a year earlier. It reported adjusted comparable store sales growth of 9.7% compared with a 6.9% decrease in the same metric for the first nine months of 2024.
According to its filing, it opened 17 new stores as of Sept. 28, 2025, compared with 15 a year earlier.
Brick-and-mortar stores accounted for about $1.5 billion, or 84.7% of net revenue for the first nine months of 2025 and e-commerce represented the balance at $262.4 million.
Gross profits in the first nine months of the year totaled $784.8 million, compared with $675.4 million the year before.
SG&A expenses totaled $662.9 million, or 38.5% of net revenues compared with $674.4 million, or 47.3% of net revenues a year earlier.
It reported no long-term debt outstanding as of Sept. 28, 2025.
The document also cites various risk factors in the business, including a significant reliance on furniture imports that are subject to tariffs.
“As of October 24, 2025, our primary sourcing markets are Vietnam and the United States, representing approximately 63% and 27% of our product cost volume, respectively, with smaller sourcing markets in Thailand, Malaysia and Cambodia,” it stated in its filing. “As a result, our business depends on global trade, as well as trade and other factors that impact the specific countries where our suppliers’ production facilities are located.”
Overall, imports represented about 76% of its revenues for the first nine months of 2025.
“Our future success will depend in large part upon our ability to maintain our existing foreign supplier relationships and to develop new ones based on the requirements of our business and any changes in trade dynamics that might dictate changes in the locations for sourcing of products,” the company noted. “While we rely on long-term relationships with many of our suppliers, we have no long-term contracts with them and generally transact business with them on an order-by-order basis.”
It added that while it has pursued diversification in its sourcing and suppliers — including a reduction in sourcing from China and increased sourcing from emerging markets such as Malaysia and Thailand — its continued reliance on international suppliers “increases our risk that we will not have adequate and timely supplies of various products.”
It noted that its international supply chain also is subject to additional trade laws and regulations, public health crises, political instability and international conflicts, acts of terrorism and natural disasters and foreign currency fluctuations to name several key issues potentially impacting global trade.
“The occurrence of any of the foregoing could materially increase the cost and reduce or delay the supply of our products, which could materially and adversely affect our business, financial condition, results of operations, liquidity and stock price,” the company said.
Other factors, it noted that impact its business include competition from other national, regional and local retailers as well as e-commerce specialists. In addition, it cited the health of the housing market and other factors such as the cost of materials, freight and other transportation costs as key areas that could impact its sales and bottom line.
But it also noted that opportunities also will guide the success of its business moving forward. These and other factors, remain within its control as it seeks to continue on its growth trajectory in the year ahead and beyond.
“We believe that our stores and customers’ store experience are key for generating and increasing revenue,” the company said. “We plan to grow our store base across both new and existing markets by opening new stores in areas with existing home furnishings demand.”
