Bob's Discount Furniture Expected to Deliver Steady Q3 Results, RBC Says

11:29 AM EDT, 10/26/2026 (MT Newswires) -- Bob's Discount Furniture (BOBS) is likely to post steady Q3 results as sales trends remain stable, though the outlook is cautious amid mounting inflationary pressures, RBC Capital Markets said Monday in a report. RBC's industry checks indicated that furniture and home furnishing sales are running mostly flat with Q2, and the firm expects comparable sales growth of 2% and six store openings during the quarter. RBC models Q3 gross margin expansion of about 20 basis points to 46.2%, helped by selective pricing actions and a continued shift toward higher-end products. Synchrony Financial's (SYF) transition to becoming Bob's primary financing partner in Q2 is expected to provide a tailwind in H2, the report said. Q3 results are due Nov. 5. RBC reiterated its outperform rating on Bob's stock with a $22 price target. Price: 16.02, Change: -0.26, Percent Change: -1.60