Bob's Discount Furniture prices IPO at $17 per share
Bob's Discount Furniture Inc. announced the pricing of its initial public offering of 19.45 million shares at $17 per share, according to a company statement. The furniture retailer's shares are expected to begin trading on the New York Stock Exchange on February 5, 2026 under the ticker symbol NYSE: BOBS.
The offering is expected to close on February 6, 2026, subject to customary closing conditions. Underwriters have a 30-day option to purchase up to an additional 2.92 million shares from an existing stockholder at the IPO price, less underwriting discounts and commissions.
Bob's Discount Furniture will not receive proceeds from any sale of shares by the selling stockholder. The company operates more than 200 showrooms across the United States and employs over 5,800 team members nationwide.
J.P. Morgan Securities LLC and Morgan Stanley serve as joint-lead book-running managers for the offering. RBC Capital Markets LLC and UBS Securities LLC are also acting as book-running managers, while BofA Securities, Evercore Group LLC and Goldman Sachs & Co. LLC serve as bookrunners.
The Securities and Exchange Commission declared the registration statement on Form S-1 effective on January 30, 2026. Founded in 1991, the Manchester, Connecticut-based company describes itself as a national omnichannel retailer of value home furnishings.
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