Bob's Discount Furniture, Inc. (BOBS) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to Bob's Discount Furniture's 2026 Second Quarter Earnings Conference Call. At this time, we kindly request that all participants remain in listen-only mode. A question-and-answer session will follow the formal prepared remarks. As a reminder, this conference call is being webcast live and recorded for replay. I will now turn the call over to Eddie Plank, Vice President of Investor Relations and Strategy. Good morning, everyone, and thank you for joining us to discuss our second quarter 2026 financial results. On the call with me today are Bill Barton, President and Chief Executive Officer, and Carl Lukacs, Executive Vice President and Chief Financial Officer. After Bill and Carl have made their formal remarks, we'll open the call to questions. As a reminder, the language on forward-looking statements included in the earnings release also applies to the comments made during the call. The release can be found on the website at ir.mybobs.com, along with a reconciliation of non-GAAP financial measures mentioned on the call with their corresponding GAAP measures. I'll now turn the call over to Bill. Thanks, Eddie. Good morning, and thank you for joining us today to discuss our second quarter earnings. As always, I'd like to start by thanking our exceptional teams across the company. Their focus and discipline helped us deliver a solid second quarter. Against a challenging macro backdrop and strong prior year comparison, I'm very pleased with our performance in the second quarter and the way we executed across the business. Total net sales increased 9%, driven by new store expansion and comparable sales growth of 2.3%. We opened four new stores in Q2 as we continue to execute on our white space growth model. For the quarter, we generated an adjusted EBITDA margin ...