Affordable furniture and bedding retailer Bob's Discount Furniture submitted its initial public offering (IPO) application to the U.S. Securities and Exchange Commission (SEC) last Friday, with a potential fundraising amount reaching up to $400 million. The specific pricing terms have not yet been disclosed. The company intends to list on the New York Stock Exchange under the ticker symbol "BOBS." Bob's Discount Furniture is a nationwide, omnichannel retailer of affordable home goods in the United States; it was founded in 1991 and is headquartered in Manchester, Connecticut. As of September 28, 2025, the company operates and manages 206 showrooms across 26 states. During the 2024 fiscal year, 61% of its revenue was generated from the New England, New York, and Mid-Atlantic regions. The company offers a wide range of furniture through its "Good, Better, Best" tiered pricing strategy, with an average order value of approximately $1,400, and leverages five distribution centers and 46 third-party regional warehouses to provide delivery services in as little as three days. Furthermore, as of December 28, 2025, the company boasts an active customer base of 2.9 million, with 73% of in-store customers having interacted with the brand through multiple channels during the 2025 fiscal year. Financial data shows the company generated revenue of $2.3 billion over the twelve-month period ending September 30, 2025.
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