BARK reports Q4 revenue $121.5M, gross margin up 580bps, Adj EBITDA $2.2M; authorizes $15M buyback

Bark, Inc.

Q4 revenue $121.5M (midpoint of guidance); gross margin 62.7% (up 580 bps); net loss improved 65.5% to $(4.9)M; Adj EBITDA $2.2M (up $5.7M).
FY2025 guidance: revenue $490-500M (flat to +2% YoY), Adj EBITDA $1-5M. Q1FY25: rev $113-116M, Adj EBITDA $(4)-(2)M.
Board authorized $15M share repurchase program; management discretion; funded by cash; no expiration date.
Secured commitments from Target and PetSmart to carry new treat line in 2,400 doors.

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