BOBS

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BOB’S DISCOUNT FURNITURE ANNOUNCES THIRD QUARTER 2026 FINANCIAL RESULTS

Net Revenue Increased 10.3%

Comparable Sales Increased 3.8%

Opened 11 New Stores

Reaffirms Full Year 2026 Financial Outlook

MANCHESTER, Conn. - Bob’s Discount Furniture, Inc. (NYSE:BOBS) (“We”, “our”, the “Company”, “Bob’s Discount Furniture” or “Bob’s”) today announced financial results for the third fiscal quarter ended September 27, 2026.

“We delivered another strong quarter, with sales growth, market share gains and margin expansion underscoring the strength and resilience of our model,” said Bill Barton, President and Chief Executive Officer. “Customers continue to respond to our combination of everyday value, differentiated products and omnichannel capabilities. Industry demand trends remained relatively stable during the quarter, while customers continued to respond to our value proposition. Despite ongoing cost pressures across parts of the business, our teams executed with discipline and delivered strong results. We were particularly pleased with the performance of our newest stores, including our successful entry into the Nashville market, and remain confident in our ability to grow profitably while bringing Bob’s to new customers and markets.”

Third Quarter of Fiscal Year 2026

•Net revenue of $680.4 million increased 10.3% from $616.9 million in the third quarter of fiscal year 2025 driven by new stores and comparable sales growth.

•The Company opened 11 new stores and ended the quarter with 229 stores in 28 states.

•Comparable sales growth of 3.8% was driven by higher average order value (“AOV”) and increased eCommerce traffic, partially offset by lower in-store traffic.

•Through the third quarter of fiscal year 2026, the Company received approval for $46.4 million in International Emergency Economic Powers Act (“IEEPA”) tariff refunds. Of this amount, the Company recognized $4.9 million of tariff refunds in cost of sales in the third quarter related to inventory previously sold. For the year-to-date period, the Company recognized $42.8 million of tariff refunds in cost of sales and $1.5 million in interest income.

•Gross profit increased 11.3% to $316.0 million in the third quarter of fiscal year 2026, which is inclusive of $4.9 million in IEEPA tariff refunds discussed above, resulting in gross margin of 46.4%. Excluding the IEEPA tariff refunds, adjusted gross margin* decreased to 45.7% compared to 46.0% in the prior year period due to higher inventory and fuel-related costs and increased tariffs, partially offset by favorable product mix shift into the “Best” product category relative to historical levels, higher delivery margins and selective pricing actions.

•Selling, general and administrative expenses (“SG&A”) increased 7.6% to $250.1 million in the third quarter of fiscal year 2026 due to payroll-related expenses for new stores, higher occupancy costs associated with new and existing stores, an increase in marketing spend due to greenfield store expansion and higher depreciation expense, partially offset by lower incentive compensation compared to elevated levels in the prior-year period. SG&A as a percentage of revenue decreased to 36.7% compared to 37.7% in the prior year period due to broad-based expense leverage on higher sales performance and the drivers discussed above.

•Net income increased 28.8% to $41.7 million compared to $32.3 million in the third quarter of fiscal year 2025. Adjusted net income* increased 18.5% to $38.8 million compared to $32.7 million in the third quarter of fiscal year 2025.

•Diluted net income per share was $0.31 and adjusted diluted net income per share* was $0.28.

•Adjusted EBITDA* increased 17.6% to $75.5 million or 11.1% of net revenue compared to $64.2 million or 10.4% of net revenue in the third quarter of fiscal year 2025.

*See Non-GAAP Financial Measures and Reconciliation of GAAP to Non-GAAP Financial Measures below for further information. All Non-GAAP Financial Measure exclude IEEPA tariff refunds, and related interest income as applicable.

Balance Sheet and Liquidity

•Total liquidity of $287.9 million, comprised of cash and cash equivalents of $109.9 million and available borrowing capacity of $178.0 million at September 27, 2026.

•Inventories were $373.6 million as of the end of the third quarter of fiscal year 2026, an increase of 6.7% compared to year end.

•Net cash provided by operating activities was $204.8 million in the year-to-date period, an increase of $86.0 million compared to the prior year, primarily driven by higher net income and the timing of accounts payable.

•Investments in capital expenditures, net of tenant allowances of $70.7 million in the year-to-date period was primarily associated with our new store program and early development of a new distribution center in Georgia.

Recent Developments

The Company has reaffirmed its top- and bottom-line guidance for full fiscal

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BOB’S DISCOUNT FURNITURE ANNOUNCES SECOND QUARTER 2026 FINANCIAL RESULTS

Net Revenue Increased 8.8%

Comparable Sales Increased 2.3%

Opened 4 New Stores

Reaffirms Full Year 2026 Financial Guidance

MANCHESTER, Conn. - Bob’s Discount Furniture, Inc. (NYSE:BOBS) (“We”, “our”, the “Company”, “Bob’s Discount Furniture” or “Bob’s”) today announced financial results for the second fiscal quarter ended June 28, 2026.

"Our strong second quarter results demonstrate the resilience of Bob’s business model and the effectiveness of our strategy in a demanding retail environment. As consumers remain focused on value, our Everyday Low Price approach continues to resonate, driving market share gains and reinforcing our competitive position,” said Bill Barton, President and Chief Executive Officer. “These results are a testament to the outstanding execution of our teams and the unique culture that sets Bob’s apart. By remaining disciplined in our investments and focused on delivering exceptional value and a differentiated experience to our customers, we are well positioned to capitalize on the significant growth opportunities ahead."

Second Quarter of Fiscal Year 2026

•Net revenue of $619.6 million increased 8.8% from $569.5 million in the second quarter of fiscal year 2025 driven by new stores and comparable sales growth.

•The Company opened 4 new stores and ended the quarter with 218 stores in 27 states.

•Comparable sales growth of 2.3% was driven by higher average order value and conversion, partially offset by lower in-store traffic.

•The Company received approval for $45.1 million in International Emergency Economic Powers Act (“IEEPA”) tariff refunds in the second quarter of fiscal year 2026. Of this amount, the Company recognized $37.9 million of tariff refunds in cost of sales related to inventory previously sold, $5.7 million as a reduction to inventory on hand, and $1.5 million in interest income. At June 28, 2026, we had $41.9 million in IEEPA tariff refund receivables, which was received subsequent to fiscal quarter end.

•Gross profit increased 20.7% to $319.1 million in the second quarter of fiscal year 2026, which is inclusive of $37.9 million in IEEPA tariff refunds discussed above, resulting in gross margin of 51.5%. Excluding the IEEPA tariff refunds, adjusted gross margin* decreased to 45.4% compared to 46.4% in the prior year period due to unusually favorable freight rates in the prior year, partially offset by favorable product mix shift into the “Better” and “Best” product categories relative to historical levels, and higher protection plan and delivery margins.

•Selling, general and administrative expenses (“SG&A”) increased 9.3% to $235.0 million in the second quarter of fiscal year 2026 due to payroll-related expenses for new stores, higher occupancy costs associated with new and existing stores and an increase in marketing spend due to greenfield store expansion. SG&A as a percentage of revenue increased slightly to 37.9% compared to 37.7% in the prior year period due to incremental marketing, and higher payroll and occupancy costs associated with new stores and greenfield market expansion, substantially offset by efficiencies at existing stores.

•Net income of $57.8 million compared to $35.2 million in the second quarter of fiscal year 2025. Adjusted net income* was $27.8 million compared to $32.2 million in the second quarter of fiscal year 2025.

•Diluted net income per share of $0.43 compared to $0.31 in the second quarter of fiscal year 2025. Adjusted diluted net income per share* was $0.20 compared to $0.29 in the second quarter of fiscal year 2025.

•Adjusted EBITDA* of $60.8 million or 9.8% compared to $62.8 million or 11.0% in the second quarter of fiscal year 2025.

*See Non-GAAP Financial Measures and Reconciliation of GAAP to Non-GAAP Financial Measures below for further information. All Non-GAAP Financial Measure exclude IEEPA tariff refunds, and related interest income as applicable.

Balance Sheet and Liquidity

•Total liquidity of $176.6 million, comprised of cash and cash equivalents of $32.0 million and available borrowing capacity of $144.6 million at June 28, 2026. Subsequent to quarter end, we received $41.9 million in IEEPA tariff refunds further strengthening our liquidity.

•Inventories were $345.9 million as of the end of the second quarter of fiscal year 2026, a decrease of 1.3% compared to year end primarily related to $5.7 million in IEEPA tariff refunds recorded as a reduction of inventory in the period.

•Net cash provided by operating activities was $93.1 million in the year-to-date period, an increase of $57.0 million compared to the prior year, primarily driven by the timing of payments on inventory purchases.

•Investments in capital expenditures, net of tenant allowances of $47.3 million in the year-to-date period was primarily associated with our new store program and early development of a n

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BOB’S DISCOUNT FURNITURE ANNOUNCES FIRST QUARTER 2026 FINANCIAL RESULTS

Net Revenue Increased 8.5%

Comparable Sales Increased 1.2%

Opened 5 New Stores

Maintaining Full Year 2026 Financial Guidance

MANCHESTER, Conn. - Bob’s Discount Furniture, Inc. (NYSE:BOBS) (“We”, “our”, the “Company”, “Bob’s Discount Furniture” or “Bob’s”) today announced financial results for the first fiscal quarter ended March 29, 2026.

"I’m incredibly proud of our team’s execution and resilience in the first quarter. Despite adverse weather and broader industry headwinds, Bob’s continued to gain market share, underscoring the strength of our differentiated business model and strategic advantages. Our results reflect the power of our merchandising strategy, omni-channel capabilities, and disciplined approach to new market expansion. As we execute on our long-term strategy of double-digit unit growth and expanding profitability, I'm energized by the tremendous opportunity ahead and confident in our team's ability to deliver sustained success through The Bob's Way."

First Quarter of Fiscal Year 2026

•Net revenue of $578.1 million increased 8.5% from $532.8 million in the first quarter of fiscal year 2025 driven by new stores and comparable sales growth.

•The Company opened 5 new stores and ended the quarter with 214 stores in 26 states.

•Comparable sales growth of 1.2% was driven by increases in conversion and average order value (“AOV”) in both our retail and eCommerce channels, partially offset by lower in-store traffic, particularly during periods during the quarter that were impacted by the effects of exceptional winter weather.

•Gross profit increased 8.4% to $256.5 million in the first quarter of fiscal year 2026 due to the impact of higher net revenues. Gross margin remained flat at 44.4% due to favorable product mix shift into the “Better” product category relative to historical levels, lower freight costs and higher protection plan margins, mostly offset by fixed costs associated with our new Midwest regional distribution center and costs related to inventory growth.

•SG&A increased 9.0% to $235.1 million in the first quarter of fiscal year 2026 due to payroll-related expenses for new stores, higher occupancy costs associated with new and existing stores and an increase in marketing spend. SG&A as a percentage of revenue increased slightly to 40.7% compared to 40.5% in the prior year period due to incremental marketing, occupancy expense associated with new stores and greenfield market expansion and the $2.0 million termination fee associated with the advisory agreement with our controlling stockholder, substantially offset by efficiencies at existing stores.

•Net income of $2.5 million compared to $13.1 million in the first quarter of fiscal year 2025. Adjusted net income was $11.1 million compared to $14.1 million in the first quarter of fiscal year 2025.

•Diluted net income per share of $0.02 compared to $0.12 in the first quarter of fiscal year 2025. Adjusted diluted net income per share* was $0.09 compared to $0.13 in the first quarter of fiscal year 2025.

•Adjusted EBITDA* of $37.6 million or 6.5% compared to $37.3 million or 7.0% in the first quarter of fiscal year 2025.

*See Non-GAAP Financial Measures and Reconciliation of GAAP to Non-GAAP Financial Measures below for further information.

Balance Sheet and Liquidity

•Total liquidity of $127.1 million, comprised of cash and cash equivalents of $27.7 million and available borrowing capacity of $99.4 million at March 29, 2026.

•Inventories were $336.8 million as of the end of the first quarter of fiscal year 2026, a decrease of 3.8% compared to year end.

•Net cash provided by operating activities was $28.9 million in the year-to-date period, an increase of $25.1 million compared to the prior year, primarily driven by the timing of payments on inventory purchases.

•Investments in capital expenditures, net of tenant allowances of $23.3 million in the year-to-date period was primarily associated with our new store program.

Recent Developments

•During the first quarter of fiscal year 2026, we paid off our Term Loan using proceeds from the initial public offering, cash on hand and borrowings under our Revolving Credit Facility.

•On April 29, 2026, we amended our Credit Facility, increasing the maximum availability from $125.0 million to $200.0 million and extending the maturity date to April 2031.

The Company has reaffirmed its guidance for full fiscal year 2026 financial operating results, presented in the table below. Fiscal year 2026 includes 53 weeks. The “53rd week” is expected to deliver $40.0 million in net revenues, $3.5 million in net income and $5.0 million in adjusted EBITDA. The Company has modified full year estimates for fully diluted (“FD”) shares outstanding to approximately 135 million compared to prior estimates of 137 million.

Fiscal Year 2026

Net revenues $2,600 to $2,625