-+ 0.00%
-+ 0.00%
-+ 0.00%
Bob's Discount Furniture: Q2 Earnings Snapshot
Share
Listen to the news

MANCHESTER, Conn. (AP) — MANCHESTER, Conn. (AP) — Bob's Discount Furniture Inc. (BOBS) on Thursday reported second-quarter earnings of $57.8 million.

The Manchester, Connecticut-based company said it had net income of 43 cents per share. Earnings, adjusted for non-recurring gains, were 20 cents per share.

The results matched Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 20 cents per share.

The furniture retailer posted revenue of $619.6 million in the period, missing Street forecasts. Four analysts surveyed by Zacks expected $620.5 million.

Bob's Discount Furniture expects full-year revenue in the range of $2.6 billion to $2.63 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BOBS at https://www.zacks.com/ap/BOBS

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending