secwatch.observer — SEC 8-K summary
======================================

Issuer:     Bark, Inc. (BARK)
CIK:        0001819574
Form:       8-K
Filed at:   2021-11-10T23:59:59+00:00
Accession:  0001819574-21-000065
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BARK Q2 revenue up 39% to $120.2M, CFO resigns, FY22 guidance cut
-----------------------------------------------------------------

- Revenue $120.2M (+39.1% YoY); gross margin 58.2% vs 59.7% prior year; DTC revenue +41.7%.
- Added ~271K active subscriptions, total 2.1M; LTV-to-CAC 4.9x, AOV record $29.73.
- Adjusted EBITDA loss $8.8M vs profit $1.1M; FY22 EBITDA guidance lowered to $(38-40)M from $(31)M.
- CFO John Toth resigns effective Nov 12; Howard Yeaton appointed interim CFO at $360k/yr.
- FY22 revenue guidance reduced ~2% to ~$506M from $516M due to freight congestion and rising shipping costs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819574/000181957421000065/0001819574-21-000065-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819574/000181957421000065/bark-20211110.htm
  HTML page:      https://secwatch.observer/filing/0001819574-21-000065

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer