BARK targets up to $28M annual savings, expects $15M in IEEPA tariff refunds

Bark, Inc.

Cost reduction initiatives to deliver up to $28M in annual savings: $26M from workforce/operating efficiencies, $2M from office footprint.
Workforce reductions, AI tools, and streamlined external partners are key to achieving the $26M in savings.
BARK paid $15.4M in IEEPA tariffs; $10.5M charged to COGS in FY2026; Supreme Court ruling and Customs system may enable refunds.
Tariff refund timing/amount uncertain; depends on administrative implementation and potential legal appeals.

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