Stock Track | Bob's Discount Furniture Soars 9.47% in Intraday Trading on Strong IPO Debut

Stock Track02:01

Bob's Discount Furniture, Inc. (BOBS) saw its stock price soar 9.47% during intraday trading on Thursday, following its debut on the U.S. stock market.

The value-priced furniture and bedding retailer commenced trading with a strong opening surge, with its stock opening significantly higher than its initial public offering price of $17 per share. The company's market debut comes after it raised more than $330 million in its IPO, which was priced at the lower end of its expected range.

As of September 2025, Bob's Discount Furniture operates 206 showrooms across 26 U.S. states and reported fiscal 2025 revenue of $2.32 billion. The company has outlined an ambitious expansion plan aiming to double its nationwide store count to over 500 locations by 2035, with management citing its unique "value-priced" model and omnichannel sales strategy as drivers for long-term growth.

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