earnings
confidence high
sentiment negative
materiality 0.75
BARK reports Q4 revenue down 25% YoY to $86.6M; net loss $(12.7)M; authorizes $40M buyback
Bark, Inc.
- Q4 revenue $86.6M (-25% YoY); DTC revenue $74.0M (-26%); Commerce $12.5M (-18.3%).
- Full year net loss $(39.0)M vs $(32.9)M prior year; adjusted EBITDA $0.2M vs $5.4M.
- Board authorizes up to $40M share repurchase program, funded by ongoing free cash flow.
- FY2027 guidance: Q1 revenue $77-79M; full year $325-340M; adj. EBITDA $7-10M (vs $0.2M).
- CEO says exiting kibble/toppers lines; DTC subscriber base smaller but stronger; expects DTC growth in H2.