Bobs Discount Furniture

Q2 FY2026 EarningsQ2 FY26 performance was mixed as a significant GAAP beat was driven by one-time tariff refunds, while core operating metrics slightly trailed consensus. Revenue of $619.6M was in-line with the $620.3M expectation, supported by 2.3% comparable sales growth and 4 new store openings. GAAP EPS of $0.43 significantly exceeded the $0.19 consensus due to a $45.1M IEEPA tariff refund; however, Adjusted Gross Margin of 45.4% was roughly in-line with the 45.40% mean estimate, down 100bps YoY. Management reaffirmed FY26 guidance, maintaining a steady outlook despite a demanding retail environment.