Bob's Discount Furniture Takes 1Q Hit From Winter Storms -- Market Talk

Dow Jones03-18 23:10

1110 ET - Winter storms this year impacted Bob's Discount Furniture's performance, executives said on an earnings call. The storms caused a roughly 340 basis point headwind to comparable sales growth in the first two months, Chief Financial Officer Carl Lukach estimated, contributing to a full-year outlook that disappointed some investors. The two storms hit on weekends where sales are highest, which led to five times more operational hour losses than last year, Lukach says. Still, the company has recaptured some lost sales in March, he said, adding that Bob's expects 1% to 1.5% comparable sales growth in the current quarter. (elias.schisgall@wsj.com)

(END) Dow Jones Newswires

March 18, 2026 11:10 ET (15:10 GMT)

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Still, the company has recaptured some lost sales in March, he said, adding that Bob's expects 1% to 1.5% comparable sales growth in the current quarter. 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