Bain Capital To Make Bob's Discount Furniture Public, Files for IPO

Longtime furniture chain Bob's Discount Furniture, which Bain Capital owns, has filed for its initial public offering, according to The Wall Street Journal.

The Journal previously reported that Bain Capital was working on this, and now, it's a reality. 

More About the Filing

Right now, it's unclear how many shares will be listed or even what an anticipated price range could be, as reported by The Journal via a filing with the Securities and Exchange Commission. 

This move by Bain Capital comes after a mild year for public markets. That said, in 2025, venture capital-backed companies raised more capital through initial public offerings than in 2024, but performance was disappointing. 

The Furniture Industry and Bob's Comments

The furniture market has been volatile lately due to fluctuating interest rates and a housing market in flux. This industry performed well in 2020 and 2021 due to the pandemic, increased time at home, and increased upgrading and purchasing. 

“This resulted in marketwide pull forward, which led to a subsequent slowdown in the industry in the following years that was further exacerbated by increased interest rates and inflation,” the company said.

Background on the Company

Bob's Discount Furniture was founded in 1991. It sells furniture at a discount, with estimates of 10% below its competitors and 25% below listed prices

As of Sept. 28, 2025, there were 206 stores, an increase of 21 from the previous year. 

By 2035, the plan is 500 stores. 

Bain Capital bought the company in 2014. Over nine months, ending on Sept. 28, Bob's posted net income of $80.7 million and revenue of $1.72 billion. 

Last year, the company reported $49.3 million in net income and $1.43 billion in revenue. 

With the proceeds generated from the IPO, it'll go toward paying down debts and "general corporate purposes." 

This was not on my radar.

When the symbol just works...$BOBS pic.twitter.com/cmhTwlMl0h

— Craig Stephens | Access IPOs (@AccessIPOs) January 10, 2026

There are 10 banks, led by J.P. Morgan Securities and Morgan Stanley, listed as underwriters. 

It'll trade on the New York Stock Exchange under the ticker "BOBS."