Bob’s Discount Furniture reports Q4 adjusted EPS 35c, consensus 31c

Reports Q4 reevenue $648.8M, consensus $648.57M. Comparable sales growth of 1.0% and adjusted comparable sales growth of 2.8% were driven primarily by growth in conversion, higher average order values in the retail channel, and increased eCommerce traffic. “We delivered strong full year performance, gaining market share while successfully navigating macro uncertainty through the strength of our differentiated business model – combining everyday low prices with best-in-class omnichannel capabilities and a customer-first culture,” said Bill Barton, President and Chief Executive Officer of Bob’s. “Our recent IPO marks a historic milestone that represents years of dedication from our nearly 6,000 team members who live our values every day. As we execute our disciplined expansion strategy targeting the significant whitespace ahead, we remain focused on our core belief: everyone deserves a home they love. With our strong unit economics, a proven portable store model, and significant runway for growth, we are well-positioned to deliver sustainable value for our customers, team members, and shareholders.”