BARK Q2 revenue $143.8M (+20% YoY), beats guidance; raises FY2023 EBITDA outlook to $(31)M

Bark, Inc.

2023-Q2 EPS reported -$0.15 revenue$274,964,000

Revenue $143.8M, +20% YoY, $8.8M ahead of Q2 guidance.
Adjusted EBITDA $(2.0)M vs $(8.8)M prior year; margin improved to (1.4)%.
FY2023 revenue guidance reiterated at $556M; Adjusted EBITDA guidance improved to $(31)M from $(33)M.
DTC revenue $117.5M (+10% YoY); Commerce revenue $26.3M (+96.8% YoY) with holiday pull-forward.
Cash $166.3M; loss from operations improved to $(9.1)M from $(15.4)M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Bark, Inc. reported fiscal second quarter ended September 30, 2022 results: revenue $143.8 million, net income $(10.6) million. Guidance raised.

Period: fiscal second quarter ended September 30, 2022
Revenue: $143.8 million
Net income: $(10.6) million
Guidance: raised
Result: reported results

Exact text from the filing

to make all dogs happy, today announced its financial results for the fiscal second quarter ended September 30, 2022. Key Highlights • Delivered fiscal Q2 2023 revenue of $143.8 million, a 20% increase year-over-year. • Average order value increased by $2.45 to $32.18, up 8% compared to the same period last year. • Revenue from BARK Bright, increased 102% to

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Bark, Inc. reported fiscal year 2023 results: revenue $556 million. Guidance raised.

Period: fiscal year 2023
Revenue: $556 million
Guidance: raised
Result: guidance update

Exact text from the filing

The Company is reiterating its fiscal year 2023 revenue outlook of $556 million and raising its fiscal year 2023 Adjusted EBITDA outlook to $(31) million, from $(33) million.

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Bark, Inc. filing history →

Source: SEC EDGAR

accession 0001819574-22-000106

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