The company has reported a strong fourth quarter as it continued to maintain momentum in a struggling retail sector.
In its first earnings call since going public via an IPO in February, the furniture retailer reiterated its ambitious growth plans. President and CEO Bill Barton told analysts that the company has strong pipeline visibility, with plans to open approximately 20 new stores in 2026.
“And we see a clear and actionable path to more than 500 stores by 2035, representing almost two-and-a-half times our current footprint,” he added.
The company entered two new markets in 2025: Vermont and North Carolina, with the latter marking its first entry into the Southeast region. By the end of the fourth quarter, it opened six stores in North Carolina, with performance to date exceeding expectations, according to Barton.
“We anticipate opening an additional four stores in North Carolina in 2026 as we continue to densify this important market for us, which is representative of how we grow,” he said. “We do not just open stores, we develop markets.”
