BARK
BARKCDocument history
Earnings documents stored for BARK.
Investor releaseQuarter not tagged2026-06-10BARK Inc (BARK) Q4 2026 Earnings Call Highlights: Navigating Profitability Amid Revenue Challenges
GuruFocus.com
BARK Inc (BARK) Q4 2026 Earnings Call Highlights: Navigating Profitability Amid Revenue Challenges
This article first appeared on GuruFocus. Release Date: June 09, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. BARK Inc (NYSE:BARK) achieved a positive adjusted EBITDA of $0.2 million for the year, marking its second consecutive year of profitability. The company successfully diversified its revenue streams, with commerce and air representing 21% of total revenue, up from 15% the previous year. BARK Inc (NYSE:BARK) maintained a healthy consolidated gross margin of 61% for the year. The company reduced its total marketing investment by over $24 million year-over-year, focusing on bottom-line durability. BARK Inc (NYSE:BARK) ended the year with a debt-free balance sheet and $19 million in cash, positioning it well for future growth. Total revenue for the year was $395 million, reflecting a decline due to a deliberate pullback on marketing and promotions. The company is entering fiscal 2027 with a smaller D2C subscriber base, impacting near-term top-line growth. Fourth quarter revenue was $86.6 million, down from $115.4 million in the prior year period. BARK Inc (NYSE:BARK) does not expect significant revenue growth in its Bark Air segment over the next year, focusing instead on improving unit economics. The company is sunsetting certain products, such as its kibble and toppers lines, due to inadequate returns. Warning! GuruFocus has detected 3 Warning Signs with BARK. Is BARK fairly valued? Test your thesis with our free DCF calculator. Q: Can you provide the building blocks to your $7 million to $10 million adjusted EBITDA guidance? You're operating from a lower revenue base compared to years past, given the focus on a smaller base of DTC customers. Just curious what the levers are. A: Sure. The levers are improved unit economics across the board, higher average order value, reduced costs, and less burden from tariffs. We've also implemented cost reduction efforts, including downsizing the team and leveraging AI and automation. This leaner operation with better unit economics sets us up for future growth investments. - Matt Meeker, Co-Founder and CEO. Q: Are you still relying on one specific country for production, or has there been a change in your strategy? A: Previously, we relied heavily on China for toy production. However, we've diversified our supply chain to include options from Southeast Asi...
Investor releaseQuarter not tagged2026-06-10BARK, Inc. Q4 2026 Earnings Call Summary
Moby
BARK, Inc. Q4 2026 Earnings Call Summary
Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Management intentionally reduced marketing investment by over $24 million to protect margins against tariff volatility and a challenging macro environment, prioritizing profitability over inefficient growth. The company is shifting from a mass-personalization subscription model to 'Relationship Commerce,' focusing on deep, dog-specific data to drive long-term customer value. Revenue diversification improved as Commerce and Air segments grew to 21% of total revenue, reducing reliance on the core D2C subscription channel. Management is sunsetting underperforming product lines, including kibble and toppers, to reallocate capital toward higher-return categories where the brand has a proven 'right to win.' The D2C subscriber base is smaller entering fiscal 2027, but management asserts the underlying quality is higher, evidenced by improved retention rates and growing average order values. Operational efficiency was a primary driver of performance, with $55 million in year-over-year cost reductions across G&A, shipping, and marketing. Fiscal 2027 guidance assumes D2C revenue will decline in the first half of the year before stabilizing and returning to growth in the second half. The Commerce segment is expected to reach nearly 25% of total revenue in fiscal 2027, driven by wholesale expansion and a new partnership with the Girl Scouts. Bark Air strategy will shift from top-line expansion to improving unit economics, with management expecting minimal revenue growth for the segment in the coming year. The company expects to achieve $7 million to $10 million in adjusted EBITDA for fiscal 2027, representing a significant step up from fiscal 2026 levels. A new $40 million share repurchase program has been authorized, reflecting management's confidence in the company's free cash flow profile and long-term valuation. The company is navigating a complex tariff refund process, with $12.1 million in additional AIPA tariff refunds expected to be recognized upon future eligibility. Inventory was reduced by approximately $13 million year-over-year to $76 million as part of a broader effort to improve working capital efficiency. Management identified AI and automation as critical tools for future scaling, specifically for repla...
Investor releaseQuarter not tagged2026-06-09BARK Reports Fiscal Fourth Quarter and Full Year 2026 Results
Business Wire
BARK Reports Fiscal Fourth Quarter and Full Year 2026 Results
Announces Authorization of $40 Million Share Repurchase Program to be Funded by Ongoing Free Cash Flow NEW YORK, June 09, 2026--(BUSINESS WIRE)--BARK, Inc. (NYSE: BARK) ("BARK" or the "Company"), a leading global omnichannel dog brand with a mission to make all dogs happy, today announced its financial results for the fiscal fourth quarter and full year ended March 31, 2026. Fiscal Fourth Quarter 2026 Highlights Revenue was $86.6 million, down 25.0% year-over-year, reflecting a deliberate $4.7 million reduction in marketing investment as the Company prioritized bottom-line durability over near-term subscriber growth. Direct to Consumer ("DTC") revenue was $74.0 million, a 26.0% decrease year-over-year. The decrease is related to the dynamic described above. Included in this revenue is $3.1 million of revenue from BARK Air. Commerce revenue was $12.5 million, an 18.3% decrease year-over-year, largely due to timing differences of retail shipments. Commerce revenue grew as a share of total revenue, advancing the Company's diversification strategy. Gross profit was $54.3 million, a 26.0% decrease year-over-year. Gross margin was 62.7%, as compared to 63.6% in the same period last year. The year-over-year decline is largely related to increased tariffs, and Commerce representing a greater share of total revenue. Advertising and marketing expenses were $12.6 million as compared to $17.3 million in the same period last year. General and administrative ("G&A") expenses were $53.9 million, as compared to $62.7 million last year. This decrease was largely driven by a reduction in headcount. Net loss was $(12.7) million, as compared to $(6.1) million in the same period in the previous year. Adjusted EBITDA was $3.2 million, as compared to $5.2 million in the same period last year. Net cash used in operating activities was $(1.4) million. Free cash flow, defined as net cash used in operating activities less capital expenditures, was $(2.1) million. Full Year 2026 Highlights Revenue was $394.8 million, an 18.5% decrease year-over-year, reflecting a deliberate $24.5 million reduction in marketing investment as the Company prioritized bottom-line durability over subscriber growth volume in light of historic tariff levels and macroeconomic uncertainty. Direct to Consumer ("DTC") revenue was $324.9 million, a 21.9% decrease compared to the prior year, largely related to the...
Investor releaseQuarter not tagged2026-06-09BARK Q4 Earnings Call Highlights
MarketBeat
BARK Q4 Earnings Call Highlights
Interested in BARK, Inc.? Here are five stocks we like better. Revenue fell sharply in fiscal Q4 and for the full year as BARK cut marketing and promotions to defend margins amid tariff and macro uncertainty. Full-year revenue dropped to $394.8 million from $484.2 million, while marketing spend was reduced by more than $24 million year over year. The company still delivered positive adjusted EBITDA for the second straight year, including $3.2 million in Q4, helped by stronger gross margins and lower shipping, fulfillment and G&A costs. Management said these structural cost improvements outweighed the top-line decline. BARK outlined a strategy shift and FY2027 outlook, with greater focus on “Relationship Commerce,” higher-return categories, and diversification through Commerce and BARK Air. It guided for FY2027 revenue of $325 million to $340 million, adjusted EBITDA of $7 million to $10 million, and announced a share repurchase authorization of up to $40 million. Penny stock watch: Is it time to take a bit out of BARK, Inc.? BARK (NYSE:BARK) reported a sharp decline in fiscal fourth-quarter and full-year revenue, but management said the company met its profitability objective after pulling back on marketing and promotions to protect margins amid tariff and macroeconomic uncertainty. Co-founder and Chief Executive Officer Matt Meeker said BARK set out in fiscal 2026 to sustain adjusted EBITDA profitability and diversify its revenue base. The company delivered adjusted EBITDA of $0.2 million for the year, marking its second consecutive year of positive adjusted EBITDA, compared with what Meeker described as a $58 million adjusted EBITDA loss three years earlier. → Meta Unveils Subscriptions: A New Offering With Real Growth Potential 3 Upgrades In e-Commerce Moving The Market “We reduced our total marketing investment by over $24 million year-over-year, choosing to protect our margins rather than chase inefficient growth,” Meeker said on the call. Interim Chief Financial Officer Brian Dostie said fiscal fourth-quarter revenue was $86.6 million, down from $115.4 million in the prior-year period. Full-year revenue totaled $394.8 million, compared with $484.2 million in fiscal 2025. → Planet Labs: Coming Back Down to Earth Dostie said the decline reflected BARK’s intentional reduction in marketing spend and promotional activity. Full-year marketing investment fell...
TranscriptFY2026 Q42026-06-09FY2026 Q4 earnings call transcript
Earnings source - 32 paragraphs
FY2026 Q4 earnings call transcript
Hello. Thank you for standing by. My name is Tiffany. I will be your conference operator today. At this time, I would like to welcome everyone to the BARK Fiscal Fourth Quarter and Full Year 2026 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during that time, simply press star, then the number one on your telephone keypad. I would now like to turn the call over to Michael Mougias, Vice President of Investor Relations. Mike, please go ahead.
Good afternoon, everyone. Welcome to BARK's Fiscal Fourth Quarter and Full Year 2026 Earnings Call. Joining me today are Matt Meeker, Co-founder and Chief Executive Officer, and Brian Dostie, Interim Chief Financial Officer. Today's conference call is being webcast in its entirety on our website. A replay of the webcast will be made available shortly after the call. Additionally, a press release covering the company's financial results was issued this afternoon and can be found on our investor relations website. Before I pass it over to Matt, I want to remind you of the following information regarding forward-looking statements. The statements made on today's call are based on management's current expectations and are subject to risks and uncertainties that could cause actual future results and outcomes to differ.
Please refer to our SEC filing for more information on some of the factors that could affect our future results and outcomes. We will also discuss certain non-GAAP financial measures on today's call. Reconciliation of our non-GAAP financial measures is contained in this afternoon's press release. With that, let me now pass it over to Matt.
Thanks, Mike. Good afternoon, everyone. We set out to do two things in fiscal 2026: sustain Adjusted EBITDA profitability despite tariff and macro volatility, and accelerate the diversification of our revenue to build a more resilient business while laying out a strategy for the way forward. We believe we have delivered on each. Adjusted EBITDA was positive $0.2 million for the year, marking our second consecutive year of positive Adjusted EBITDA and meeting our goal of ending the year on the positive side. This builds on the progress we made in fiscal 2025, when we achieved our first full year of positive Adjusted EBITDA, an improvement from a $58 million loss just three years earlier. Additionally, Commerce and air represented 21% of total revenue, up from 15% last year, reducing our reliance on any single channel and improving the durability of the model.
With sufficient cash, a debt-free balance sheet, and a leaner cost structure, we are well positioned to build on this foundation in fiscal 2027 and beyond as we pursue renewed growth. Before I discuss the year ahead, let me walk through some of our key highlights from the past year. I will stick to our full-year figures, and Brian will go into more detail on the quarter and full year. Starting at the top, total revenue was $395 million. This reflects a deliberate decision to pull back on marketing and promotions to prioritize bottom-line durability in the face of historic tariffs and a volatile macro environment. We reduced our total marketing investment by over $24 million year-over-year, choosing to protect our margins rather than chase inefficient growth.
While this approach means we are entering fiscal 2027 with a smaller D2C subscriber base, we believe the underlying quality of that base is stronger, as evidenced by our steadily improving retention rates and growing average order values. Our Commerce segment delivered $70 million in revenue, a $1.5 million increase over last year. Notably, while this segment remains a growth engine, the first half of the year was marked by caution among our retail partners as tariff uncertainty weighed on the market. With greater clarity following the Supreme Court's recent ruling, we believe the environment is becoming more manageable. With these headwinds behind us, we expect strong momentum for Commerce in fiscal 2027, with accelerating expansion across full-sale and marketplaces. BARK Air revenue more than doubled this year to over $12 million.
With utilization rates averaging 90% and consistent five-star reviews, the business has demonstrated a clear demand and a differentiated customer experience. However, in line with our focus on profitability and cash conversion, our priority for BARK Air in fiscal 2027 is the bottom line. We are focused on improving unit economics over top-line expansion, and as a result, we do not expect significant revenue growth in BARK Air over the next year. Moving on, we delivered a very healthy consolidated gross margin of 61% for the year, consistent with the prior year-over-year, despite Commerce and BARK Air representing a larger share of total revenue. On that note, our D2C gross margin was 68%, up over 200 basis points year-over-year. We also reduced year-over-year costs by $55 million across G&A, shipping and fulfillment, and marketing.
While we expect these efficiencies to benefit the company in the year ahead, we will remain flexible, adjusting our marketing spend up or down based on the returns we see. On that note, let's turn to our focus for fiscal 2027 and our strategy more broadly. I want to start by spending a few minutes talking about the opportunity for the business and why I'm confident in the way forward. Over the past several months, I've spent considerable time listening to our customers, talking with our team, and analyzing the data behind our business. I've dealt with some hard truths a company moving at the pace we've been moving doesn't always give itself permission to sit with. At our core, BARK is a business with generally exceptional foundations despite the headline results. More than one and a half million households have invited us into their homes.
We've built an exceptional supply chain over the past decade. We have direct customer relationships that few consumer companies of our scale can claim. These are real, durable advantages. To this point, we haven't fully leveraged them. In many ways, we fought the wrong battles. We've been optimizing a model that the world has started to move past. The revenue trajectory you saw in today's results reflects that. What I want to spend the next few minutes on is what we intend to do about it and why I believe the position we're in is more advantageous than the recent numbers suggest. Let me start with what hasn't changed, because I think it gets lost in the noise around our results. There are 71 million households in the U.S. with dogs, which is more than half of all households domestically.
U.S. spending on pets has grown from $12 billion in 2000 to over $158 billion today. This is not a market in decline. It is not a category under pressure. If anything, the cultural and demographic tailwinds behind pet ownership have strengthened. Dogs occupy a different place in the American household than they did 20 years ago, that shift is structural, not cyclical. There's also no dominant leader in this space. No single brand owns the dog. That remains true. The category is enormous, resilient through economic cycles, and wide open at the top. We built this company on that belief, that belief remains valid. What we need is a sharper answer to the question of where, specifically, we intend to win and how.
The subscription box, the model we built, which took us from zero to over half a billion dollars in annual revenue, was built on a form of personalization that was, at the time, genuinely differentiated. We understood that a large dog and a small dog are not the same customer. That insight was right. It still is. The world has evolved. What was differentiated has become the floor. Mass personalization, that is knowing your dog's size, your dog's age, whether they're a heavy chewer, that's table stakes now. Our customers know it. Our retention data reflects it. The opportunity we see, that we are now building toward, is a fundamentally deeper level of specificity. Not size, not age, not chew style, the actual dog. The specific nature of a specific dog.
What that dog needs, how that dog plays, what that dog's health profile looks like, what a community of owners of that same dog cares about. We're not going to do that by adding a few more quiz questions. We're going to do this by rethinking the purpose of our relationship with the customer. The insight that's guiding our next chapter is this: BarkBox is not a box. It is a relationship between a brand and a dog, mediated by a human who loves that dog. The job is not done when the box arrives. The job is done when the dog is happy. That standard changes everything. What goes in the box, how we measure retention, how we handle service, what we sell, most importantly, what we build next. We are calling this Relationship Commerce. It has three dimensions we're building against.
Depth, how well do we truly understand each customer. Density, how many meaningful touchpoints exist between us and the customer. Durability, does the customer give us permission to offer new products and services over time. Those three things, compounded over millions of customer relationships, are what a successful business looks like in this category. We also believe AI is a competitive advantage that will allow us to adapt and evolve at a rapid scale. We've been studying this carefully. We are not behind the curve on it. We intend to be the ones who get there first and get there right. We'll have more to share on the specifics of our strategy in the coming quarters. What I can tell you today is that the direction is clear, the team is aligned, and the work is underway. The market is huge. The relationship is ours to deepen.
For the first time in a while, I feel like we're asking the right questions. As we build for the long term, we are consolidating the brands and products we will build around. As part of this, we will sunset products where we have not seen adequate returns, including our kibble and toppers lines. That decision will allow us to reallocate capital and resources toward higher-return categories where we have proven our right to win. This will also simplify the business and help improve overall profitability going forward. On D2C, we are entering the year with a smaller subscriber base following the deliberate pullback in marketing spend last year.
We expect D2C revenue to be down year-over-year in the first half before stabilizing in the second half and returning to growth thereafter. In Commerce, we expect our momentum to remain strong in FY 2027, with the segment representing nearly one quarter of total revenue in FY 2027 versus 18% in FY 2026, as we continue to expand with both new and existing retail partners. Additionally, our cookie program with the Girl Scouts is expected to launch late in the fiscal year, providing another incremental revenue growth and brand awareness driver. Despite prioritizing gross margin and profitability over near-term growth on BARK Air, we expect BARK Air and Commerce to collectively represent over $100 million of revenue, further advancing our diversification strategy. Turning to guidance. For the first quarter of fiscal 2027, we expect total revenue of $77 million-$79 million, an Adjusted EBITDA of $0-$1 million.
For the full year, we expect total revenue of $325 million-$340 million and Adjusted EBITDA of $7 million-$10 million, a meaningful step up from fiscal 2026 and consistent with our commitment to sustained profitability. I also want to note that our board has authorized a share repurchase program of up to $40 million to be funded by ongoing free cash flow. This reflects the board's conviction in the long-term value of BARK and our belief that the stock represents compelling value at current levels. Our debt-free balance sheet and improving free cash flow profile give us the flexibility to simultaneously invest in the business and return capital to shareholders. We ended the year with a debt-free balance sheet, $19 million of cash, and an inventory of $76 million, a reduction of approximately $13 million year-over-year.
We delivered our second consecutive year of positive Adjusted EBITDA and expect to do so again in fiscal 2027, as well as positive free cash flow. Taken together, these improvements, along with a sharper product focus and a more diversified revenue base, position us to drive sustained value for our customers, partners, and shareholders. We still have work ahead, but we are operating from a stronger foundation and a clearer path to growth. We needed to fix the underlying business so we could actually pursue the growth strategy I've outlined. With a lot of this difficult work done, we can now start pursuing a growth plan. I'm more excited about this business than I've been in years. I have confidence we're going to do something truly special. With that, I'll turn the call over to Brian.
Thanks, Matt, and good afternoon, everyone. I'll begin by reviewing our financial results for the fiscal fourth quarter and full year 2026, and then discuss how we're positioning the business for fiscal 2027. Starting at the top, fourth quarter revenue was $86.6 million, compared to $115.4 million in the prior year period. For the full year, revenue totaled $394.8 million versus $484.2 million in fiscal 2025. As Matt mentioned, this top-line decline reflects our intentional pullback in marketing spend and promotional activity as we prioritize bottom-line durability over inefficient growth. Looking at our segments in more detail, full year D2C revenue was $324.9 million. This includes $12.4 million from BARK Air for the full year, of which $3.1 million was generated in the fourth quarter. Total fourth quarter D2C revenue was $74 million.
While entering fiscal 2027 with smaller subscriber base impacts our near-term top line, the underlying quality of this space is stronger, driven by healthier retention trends and higher average order value. Turning to commerce, full year revenue increased 2% or $69.9 million. Fourth quarter commerce was $12.5 million, down about 18.3% versus the prior year period. The fourth quarter variance was largely driven by timing of retail shipments year-over-year, and we continue to view commerce as an important long-term growth driver for the business in fiscal 2027 and beyond. Moving down to P&L, consolidated gross margin was 61.3% for the full year and 62.7% for the full fourth quarter. Our cost of revenue this quarter reflects $2.7 million of IEEPA tariff refunds recorded as a loss recovery. We paid an additional $7.1 million in IEEPA tariff refunds allocable to our cost of revenue in FY 2026.
This amount was not yet eligible for submission under the U.S. Customs and Border Protection's new IEEPA tariff refund portal. As a result, we were unable to record this amount as a reduction of cost of revenue in FY 2026. Turning to operating expenses, fourth quarter marketing spend was $12.6 million, down roughly $4.7 million year-over-year. For the full year, total marketing investment was $59.2 million, down more than $24 million from fiscal 2025. Moving forward, we intend to maintain this discipline in the near term while remaining flexible to reinvest if customer acquisition dynamics improve. Shipping and fulfillment expenses for the full year were $119.4 million, down from $139.1 million last year, primarily driven by lower D2C volume. General and administrative expenses were $103.4 million for the full year, representing a $10.8 million drop from fiscal 2025.
For the fourth quarter, G&A was $26.8 million, down $1.9 million year-over-year, reflecting our ongoing efforts to streamline our cost structure. Collectively, these structural cost improvements protected our bottom line and resulted in our second consecutive year of positive Adjusted EBITDA. For the full year, Adjusted EBITDA was $200,000, including a fourth quarter where we generated $3.2 million. While macro factors compressed our absolute margins for the year, hitting our full-year profitability goal demonstrates the resilience of our leaner operating model. Turning to the balance sheet, we ended the year with a healthy cash balance of $19 million. Our accounts receivable balance as of March 31, 2026 includes $3.3 million of IEEPA tariff refunds, $2.9 million of which we subsequently received. I previously mentioned that not all IEEPA tariffs paid by the company were eligible for submission under the CAPE portal.
We currently expect an additional $12.1 million of IEEPA tariffs, of which $7.1 million relates to cost of revenue in FY 2026, and $5 million relates to current inventory or cost of revenue for FY 2027 that we will be able to recognize upon eligibility of submission. We closed the year with $75.5 million in inventory, down nearly $13 million year-over-year. We expect to drive further efficiencies throughout fiscal 2027. This disciplined working capital management combined with our full-year free cash flow expectations should result in a strong liquidity position. In summary, the actions we took throughout fiscal 2026 delivered meaningful operational and financial improvement. While those decisions resulted in a smaller subscriber base entering fiscal 2027, the underlying quality of the subscriber is higher, reflecting in healthier cohorts and improved retention.
Combined with a leaner cost structure and continued focus on profitability, we believe we're well positioned to further improve Adjusted EBITDA and generate positive free cash flow in fiscal 2027. With that, I'll turn the call over to the operator for Q&A.
At this time, as a reminder, if you would like to ask a question, press star, then the number one on your telephone keypad. We will pause just a moment to compile the Q&A roster. Your first question comes from the line of Kontee Siravongtanawadi with Jefferies. Please go ahead.
Hi, team. Thank you for taking my question. This is Kontee filling in for Tomo at Jefferies. Can you provide the building blocks to your $7 million to $10 million Adjusted EBITDA guidance? You're operating from a lower revenue base compared to years past, given the focus on a smaller base of DTC customers. Just curious what the levers are, and then I'll have a follow-up. Thank you.
Sure. Hi, Kontee. This is Matt. The levers are, as Brian was saying, that throughout the year, we've improved our unit economics pretty well across the board. The average order value of a subscriber is higher. The costs have come down. Last year's product costs were certainly burdened by tariffs, and we don't see that burden nearly to the same extent going forward. That's very helpful. More efficiency throughout the P&L. Stronger retention leading to those stronger cohorts. The quality of the customer is one aspect of that. Another is the cost reduction efforts that we've taken earlier this year, earlier in the calendar year that is. Downsizing the team. Really leaning in quite a bit on AI and automation across the team. Replacing more expensive SaaS software contracts, things like that.
Across the board, just a more lean operation with much better unit economics all the way through. That sets us up for being able to invest in growth once we get the new playbook that we have in mind in place for that.
Thank you. Thank you, Matt. On top of that, can you kind of just remind me or us in terms of is the situation, if I recall correctly, you were mainly relying for the most part, on one specific country from a production perspective. Does that still stand true, or are you doing something quite different on a go-forward basis?
It's not entirely true. No. Coming into fiscal 2026, we almost entirely, on the toy side of things, or non-consumable side, were almost entirely reliant on China. Once we came into the year and faced the tariff headwinds that the whole world faced, we quickly got to building diversification throughout our supply chain. We're now not including the consumables in the U.S. or any other U.S.-based products. We at least have the option of bringing products in from a handful of Southeast Asia countries and South America as well. There's a bit of mixing and matching based on the overall cost, including any cost of tariffs, quality. We've got much more diversification and flexibility there, and theoretically, if a large tariff popped up somehow in China, it's a pretty quick operation for us to fail over or move over to another country.
Got you. I apologize for misspeaking earlier. Yes, I specifically for toys. You answered my question. Thank you very much. I'll pass it on.
Yeah. Thanks, Kontee.
That concludes our question and answer session. Ladies and gentlemen, this concludes today's call. Thank you all for joining. You may now disconnect.
Investor releaseQuarter not tagged2026-06-08What To Expect From BARK Inc (BARK) Q4 2026 Earnings
GuruFocus.com
What To Expect From BARK Inc (BARK) Q4 2026 Earnings
This article first appeared on GuruFocus. BARK Inc (NYSE:BARK) is set to release its Q4 2026 earnings on June 9, 2026. The consensus estimate for Q4 2026 revenue is $96.14 million, and the earnings are expected to come in at -$0.22 per share. The full year 2026 revenue is expected to be $404.43 million, and the earnings are expected to be -$2.95 per share. More detailed estimate data can be found on the Forecast page. Warning! GuruFocus has detected 3 Warning Signs with BARK. Is BARK fairly valued? Test your thesis with our free DCF calculator. Revenue estimates for BARK Inc (NYSE:BARK) have remained flat at $404.43 million for the full year 2026 and $414 million for 2027 over the past 90 days. Earnings estimates for BARK Inc (NYSE:BARK) have increased from -$3.00 per share to -$2.95 per share for the full year 2026 and increased from -$0.90 per share to -$0.88 per share for 2027 over the past 90 days. In the previous quarter ending December 31, 2025, BARK Inc's (NYSE:BARK) actual revenue was $98.45 million, which missed analysts' revenue expectations of $104.13 million by -5.46%. BARK Inc's (NYSE:BARK) actual earnings were -$1.00 per share, which missed analysts' earnings expectations of -$0.90 per share by -11.44%. After releasing the results, BARK Inc (NYSE:BARK) was up by 2.18% in one day. Based on the one-year price targets offered by 2 analysts, the average target price for BARK Inc (NYSE:BARK) is $22.50 with a high estimate of $30.00 and a low estimate of $15.00. The average target implies an upside of 146.98% from the current price of $9.11. Based on GuruFocus estimates, the estimated GF Value for BARK Inc (NYSE:BARK) in one year is $20.52, suggesting an upside of 125.25% from the current price of $9.11. Based on the consensus recommendation from 3 brokerage firms, BARK Inc's (NYSE:BARK) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Investor releaseQuarter not tagged2026-06-08What To Expect From Bark’s (BARK) Q1 Earnings
StockStory
What To Expect From Bark’s (BARK) Q1 Earnings
Pet products provider Bark (NYSE:BARK) will be reporting results this Tuesday after market hours. Here’s what to look for. Bark missed analysts’ revenue expectations last quarter, reporting revenues of $98.45 million, down 22.1% year on year. It was a mixed quarter for the company, with an impressive beat of analysts’ EBITDA estimates but a significant miss of analysts’ revenue estimates. Is Bark a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members. This quarter, the market is expecting Bark’s revenue to decline 17.5% year on year, a further deceleration from the 5% decrease it recorded in the same quarter last year. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Bark has missed Wall Street’s revenue estimates multiple times over the last two years. Looking at Bark’s peers in the consumer discretionary - toys and electronics segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Hasbro delivered year-on-year revenue growth of 12.7%, beating analysts’ expectations by 3.8%, and Funko reported revenues up 5.3%, topping estimates by 6.4%. Hasbro traded down 7.3% following the results while Funko was up 17.9%. Read our full analysis of Hasbro’s results here and Funko’s results here. Investors in the consumer discretionary - toys and electronics segment have had steady hands going into earnings, with share prices up 1.5% on average over the last month. Bark is up 7.8% during the same time and is heading into earnings with an average analyst price target of $35 (compared to the current share price of $9.13). WHILE YOU’RE HERE: The Next Palantir? One satellite company captures images of every point on Earth. Every single day. The Pentagon wants it. Hedge funds are using it to beat earnings. You’ve probably never heard of it. This is what the early days of Palantir looked like before it became a $437 billion giant. Same playbook. Different technology. If you missed Palantir, you need to see this. Claim The Stock Ticker for Free HERE.
Investor releaseQuarter not tagged2026-05-15BARK to Announce Fiscal Fourth Quarter and Full Year 2026 Financial Results on June 9, 2026
Business Wire
BARK to Announce Fiscal Fourth Quarter and Full Year 2026 Financial Results on June 9, 2026
NEW YORK, May 14, 2026--(BUSINESS WIRE)--BARK, Inc. (NYSE: BARK) ("BARK" or the "Company"), a leading global omnichannel brand with a mission to make all dogs happy, today announced it will report its fiscal fourth quarter and full year 2026 financial results after market close on Tuesday, June 9, 2026. Management will host a live conference call and webcast to discuss the Company’s financial results at 4:30 p.m. ET the same day. The conference call can be accessed by dialing 1-888-596-4144 for U.S. participants and 1-646-968-2525 for international participants. The conference call passcode is 5515653. A live audio webcast of the call will be available at https://investors.bark.co/ and will be archived for one year. About BARK BARK is the world’s most dog-centric company, devoted to making all dogs happy with the best products, food, services, and content. BARK’s dog-obsessed team leverages its unique, data-driven understanding of what makes each dog special to design playstyle-specific toys, wildly satisfying treats, dog-first experiences that foster the health and happiness of dogs everywhere, and more. Founded in 2011, BARK loyally serves millions of dogs nationwide with BarkBox and Super Chewer, its themed toys and treats subscriptions; custom product collections through its retail partner network, including Target, Chewy, and Amazon; BARK in the Belly, a premium dog food and consumables line that donates 100% of food profits to fight canine hunger; and BARK Air, the first air travel experience designed specifically for dogs first. At BARK, we want to make dogs as happy as they make us because dogs and humans are better together. Sniff around at bark.co for more information. View source version on businesswire.com: https://www.businesswire.com/news/home/20260514566975/en/ Contacts Investors: Michael Mougias [email protected] Media: Garland Harwood [email protected]
Investor releaseQuarter not tagged2026-03-27BARK Announces Annual Meeting Results and Alignment with Continued Operational Progress and Long-Term Stockholder Value
Business Wire
BARK Announces Annual Meeting Results and Alignment with Continued Operational Progress and Long-Term Stockholder Value
NEW YORK, March 26, 2026--(BUSINESS WIRE)--BARK, Inc. (NYSE: BARK) ("BARK" or the "Company"), a leading dog brand with a mission to make all dogs happy, today announced the results of its Annual Meeting of Stockholders held March 25, 2026, including the approval of a proposal to implement a 1-for-20 reverse stock split of the Company’s common stock ("Reverse Stock Split"). The Reverse Stock Split is intended to increase the per-share trading price of the Company’s common stock in order to regain compliance with the New York Stock Exchange ("NYSE") minimum bid price requirement and is anticipated to become effective on April 1, 2026, with trading on a split-adjusted basis to commence at market open on April 1, 2026. The Company believes that maintaining its listing on the NYSE is important to support liquidity, price transparency and access to a broad base of investors. In addition, the Company believes that increasing the per-share trading price of its common stock through the Reverse Stock Split may improve its marketability to, and acceptance by, institutional investors and other members of the investing public. Additional information regarding the Reverse Stock Split will be included in a Current Report on Form 8-K to be filed with the U.S. Securities and Exchange Commission. Alignment with Continued Operational Progress and Long-Term Stockholder Value Today’s announcement follows BARK’s recent operational updates, including actions taken to streamline the Company’s cost structure and improve profitability and cash generation. As disclosed on March 23, 2026, these initiatives are expected to result in up to $28 million in annualized cost savings and position the Company to operate more efficiently while continuing to invest in growth. In addition, BARK disclosed on March 23, 2026 that it has paid approximately $15.4 million in incremental tariffs to date, with $10.5 million allocated to cost of goods sold for the Company’s projected fiscal year ending March 31, 2026. The Board and management team remain focused on driving sustainable value creation through disciplined execution and capital allocation. About BARK BARK is the world’s most dog-centric company, devoted to making all dogs happy with the best products, food, services, and content. BARK’s dog-obsessed team leverages its unique, data-driven understanding of what makes each dog special to design p...
Investor releaseQuarter not tagged2026-02-125 Insightful Analyst Questions From Bark’s Q4 Earnings Call
StockStory
5 Insightful Analyst Questions From Bark’s Q4 Earnings Call
Bark’s fourth quarter results reflected a deliberate shift in strategy, as management emphasized profitability and operational discipline over short-term sales growth. CEO Matt Meeker cited significantly reduced marketing spend and a focus on higher-quality customer acquisition as key contributors to the year-over-year revenue decline. Despite lower sales, Bark improved gross margins and generated positive free cash flow, highlighting efforts to manage costs and mitigate tariff impacts. Meeker described the company as operating with a “leaner cost structure and greater financial flexibility,” aiming to strengthen the business in a volatile market. Is now the time to buy BARK? Find out in our full research report (it’s free). Revenue: $98.45 million vs analyst estimates of $102.7 million (22.1% year-on-year decline, 4.1% miss) Adjusted EPS: -$0.03 vs analyst estimates of -$0.04 ($0.01 beat) Adjusted EBITDA: -$1.61 million (-1.6% margin, 3.4% year-on-year decline) Operating Margin: -9.1%, in line with the same quarter last year Market Capitalization: $134.8 million While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. No analyst questions on the call In the coming quarters, our analysts will be watching (1) whether Bark’s focus on high-value customer acquisition translates into sustained improvements in average order value and retention; (2) the pace of revenue mix shift as the Commerce and Air segments grow; and (3) evidence of further cost efficiencies, especially in inventory management and operational expenses. Progress on these fronts will be critical for Bark’s path toward consistent profitability. Bark currently trades at $0.79, down from $0.82 just before the earnings. At this price, is it a buy or sell? The answer lies in our full research report (it’s free for active Edge members). The market’s up big this year - but there’s a catch. Just 4 stocks account for half the S&P 500’s entire gain. That kind of concentration makes investors nervous, and for good reason. While everyone piles into the same crowded names, smart investors are hunting quality where no one’s looking - and paying a fraction of the price. Check o...
Investor releaseQuarter not tagged2026-02-06BARK Q4 Deep Dive: Profit Focus and Product Diversification Shape Results
StockStory
BARK Q4 Deep Dive: Profit Focus and Product Diversification Shape Results
Pet products provider Bark (NYSE:BARK) missed Wall Street’s revenue expectations in Q4 CY2025, with sales falling 22.1% year on year to $98.45 million. Its non-GAAP loss of $0.03 per share was $0.01 above analysts’ consensus estimates. Is now the time to buy BARK? Find out in our full research report (it’s free). Revenue: $98.45 million vs analyst estimates of $102.7 million (22.1% year-on-year decline, 4.1% miss) Adjusted EPS: -$0.03 vs analyst estimates of -$0.04 ($0.01 beat) Adjusted EBITDA: -$1.61 million (-1.6% margin, 3.4% year-on-year decline) Operating Margin: -9.1%, in line with the same quarter last year Market Capitalization: $140 million Bark’s fourth quarter results reflected a deliberate shift in strategy, as management emphasized profitability and operational discipline over short-term sales growth. CEO Matt Meeker cited significantly reduced marketing spend and a focus on higher-quality customer acquisition as key contributors to the year-over-year revenue decline. Despite lower sales, Bark improved gross margins and generated positive free cash flow, highlighting efforts to manage costs and mitigate tariff impacts. Meeker described the company as operating with a “leaner cost structure and greater financial flexibility,” aiming to strengthen the business in a volatile market. Looking ahead, Bark’s leadership expects continued pressure on top-line growth as the company maintains its focus on acquiring higher-value customers and tightly managing expenses. Management is prioritizing further improvements in cash conversion and operational efficiency, with CFO Zahir Ibrahim highlighting planned reductions in inventory and ongoing cost management initiatives. While revenue growth may remain subdued in the near term, Meeker believes these actions will position Bark for stronger long-term profitability and resilience, stating, “The actions we’ve taken throughout the year position us to exit…better equipped to navigate uncertainty while continuing to invest thoughtfully in the long-term growth of the brand.” Management attributed the quarter’s results to disciplined cost controls, a reallocation of marketing investment, and diversification into new business lines. Marketing pullback impacts revenue: Bark intentionally reduced marketing expense by about 40% year-over-year, prioritizing profitability and cash flow. This led to a smaller subscriber base...
Investor releaseQuarter not tagged2026-02-06Bark (NYSE:BARK) Reports Sales Below Analyst Estimates In Q4 CY2025 Earnings
StockStory
Bark (NYSE:BARK) Reports Sales Below Analyst Estimates In Q4 CY2025 Earnings
Pet products provider Bark (NYSE:BARK) fell short of the markets revenue expectations in Q4 CY2025, with sales falling 22.1% year on year to $98.45 million. Its non-GAAP loss of $0.03 per share was $0.01 above analysts’ consensus estimates. Is now the time to buy Bark? Find out in our full research report. On January 14, 2026, the Company received a preliminary non-binding indicative proposal letter from GNK Holdings LLC and Marcus Lemonis (collectively, the “GNK/Lemonis Group”). The GNK/Lemonis Group letter proposes that the GNK/Lemonis Group would acquire all of the outstanding shares of the Company’s common stock not already beneficially owned by the GNK/Lemonis Group, in an all-cash transaction, for $1.10 per share. Revenue: $98.45 million vs analyst estimates of $102.7 million (22.1% year-on-year decline, 4.1% miss) Adjusted EPS: -$0.03 vs analyst estimates of -$0.04 ($0.01 beat) Adjusted EBITDA: -$1.61 million (-1.6% margin, 3.4% year-on-year decline) Operating Margin: -9.1%, in line with the same quarter last year Free Cash Flow was $1.56 million, up from -$1.96 million in the same quarter last year Market Capitalization: $143.8 million Making a name for itself with the BarkBox, Bark (NYSE:BARK) specializes in subscription-based, personalized pet products. A company’s long-term sales performance is one signal of its overall quality. Any business can experience short-term success, but top-performing ones enjoy sustained growth for years. Unfortunately, Bark’s 5.2% annualized revenue growth over the last five years was weak. This was below our standard for the consumer discretionary sector and is a poor baseline for our analysis. We at StockStory place the most emphasis on long-term growth, but within consumer discretionary, a stretched historical view may miss a company riding a successful new product or trend. Bark’s performance shows it grew in the past but relinquished its gains over the last two years, as its revenue fell by 7.5% annually. This quarter, Bark missed Wall Street’s estimates and reported a rather uninspiring 22.1% year-on-year revenue decline, generating $98.45 million of revenue. Looking ahead, sell-side analysts expect revenue to remain flat over the next 12 months. Although this projection suggests its newer products and services will spur better top-line performance, it is still below the sector average. The 1999 book Gorilla Game...