Bob’s Discount Furniture Goes Public with $2.22 Billion Market Cap
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Bob’s Discount Furniture has gone public on the NYSE with an IPO of 19.45 million shares priced at $17 each, resulting in a market cap of approximately $2.22 billion. The share price remained stable within the expected range. CEO Bill Barton noted a growing customer base among higher-income households, with plans to expand from over 200 stores to 500 by 2035, including new locations in Texas and the Southeast U.S.
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