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BARK, Inc. - BARK STOCK NEWS

Welcome to our dedicated page for BARK news (Ticker: BARK), a resource for investors and traders seeking the latest updates and insights on BARK stock.

BARK, Inc. (symbol: BARK) is a vertically integrated, omnichannel brand committed to enriching the lives of dogs and their owners. Founded in 2012, the company initially launched with BarkBox, a monthly themed subscription service offering all-natural treats and innovative toys. Over the years, BARK has expanded its product offerings and has shipped more than 70 million items to its loyal customers.

The company operates primarily in two key categories: toys & accessories and consumables. Its business model includes a mix of direct-to-consumer (D2C) and commerce channels. The D2C segment is the primary revenue driver, featuring monthly subscription services like BarkBox and Super Chewer, an e-commerce platform on BarkShop.com, and specialized consumables through the company's website. Additionally, BARK has developed custom collections through partnerships with major retailers such as Target and Amazon.

In terms of consumables, BARK offers BARK Bright, a line of wellness products, and BARK Eats, a personalized meal delivery service for dogs. These offerings are designed to meet the unique needs of each dog and ensure a higher quality of life.

BARK's commitment to dogs and their owners is reflected in its innovative products and services. The company continues to spearhead initiatives to improve its product range and customer experience. Recently, BARK has been focusing on expanding its retail partnerships and enhancing its direct-to-consumer channels to reach a broader audience.

Financially, BARK shows a robust revenue stream, predominantly from its D2C segment. The company continues to report growth through its diversified range of products and services.

At BARK, the philosophy is simple: dogs are not just pets; they are family. This perspective drives the company's mission to provide the best for every dog, from treats and toys to wellness products and personalized meals.

For the latest news and updates about BARK, Inc., stay tuned to our regular updates and announcements.

News

BARK Introduces New Era of Travel Made for Dogs with the Launch of BARK Air

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BARK, Inc. partners with a jet charter company to launch BARK Air, the world's first air travel experience tailored for dogs, starting May 2024. This initiative aims to provide a more comfortable and humane travel option for dogs and their human companions, setting a new standard in the pet travel industry.
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BARK Strengthens Leadership Team With Appointment of Two Pet Industry Leaders

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BARK, Inc. appoints Michael Black as Chief Revenue Officer and General Manager, Consumables, and Michael Parness as Chief Marketing Officer and General Manager, Play. The appointments aim to drive growth in consumables and play categories, leveraging the executives' extensive experience in the pet, e-commerce, and retail sectors.
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BARK to Present at the Canaccord Genuity eCommerce Sustainable Advantage Forum

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BARK, Inc. (NYSE: BARK) announces CEO's participation in Canaccord Genuity's eCommerce Sustainable Advantage Forum. The fireside chat will be held virtually on March 14, 2024, at 10:30 a.m. Eastern Time.
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BARK Regains Compliance with NYSE Continued Listing Standards

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BARK, Inc. (BARK) has announced that it has regained compliance with the NYSE's Minimum Stock Price Standard, leading to its removal from the noncompliant issuers list. The Company's common stock closed above $1.00 on February 29, 2024, after facing noncompliance due to low stock prices.
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BARK Expands Consumables Business With Launch of Cereal-Inspired Dog Treat Collection to Inject Innovation, Fun & Humor Into Retail Pet Aisles

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BARK (NYSE: BARK) launches The Snack Pack, a collection of unique dog treats inspired by ‘80s and ‘90s breakfast cereals, featuring fun packaging, mascots, and interactive experiences. The treats are free of artificial preservatives, corn, and soy, available in various flavors and textures. The collection includes plush toy versions of mascots, QR code-based prizes, and is designed to engage both dogs and dog parents. BARK aims to expand its consumables business with this innovative product line.
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BARK Reports Third Quarter Fiscal Year 2024 Results

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BARK, Inc. (NYSE: BARK) announced its financial results for the fiscal third quarter, with total revenue of $125.1 million, a 6.9% decrease year-over-year. The company improved its gross margin by 210 basis points and reduced its net loss by 52.5%. Adjusted EBITDA was $(6.4) million, marking a $6.4 million improvement versus last year. The company's cash and cash equivalents balance was $131.3 million, and it repurchased $45.0 million of its outstanding convertible notes.
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BARK Announces New Retail Commitment for Treats

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BARK, Inc. (NYSE: BARK) has announced a partnership with a leading national retailer to sell its new treat offering in approximately 1,300 doors starting in the spring of 2024. The agreement includes 4 SKUs in-store and 8 online, with a total of 2,500 doors secured across the country. This partnership is expected to increase BARK's visibility in the consumables market, as the company continues to focus on expanding its retail and direct-to-consumer footprint while aiming for profitability and free cash flow improvements.
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BARK Reports Preliminary Third Quarter Fiscal Year 2024 Revenue Ahead of the ICR Conference

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BARK, Inc. (BARK) reported total revenue of approximately $125 million for the third quarter fiscal year 2024, surpassing its guidance range. The company also achieved strong customer acquisition and maintained efficient customer acquisition costs. BARK is reiterating its Adjusted EBITDA guidance range for the quarter, demonstrating ongoing profitability and cash generation improvements.
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BARK to Present at the 2024 ICR Conference

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BARK, Inc. (NYSE: BARK) announced that CEO Matt Meeker will participate in a fireside chat at the 2024 ICR Conference in Orlando, Florida on January 9, 2024, at 12:30 p.m. Eastern Time. The audio portion will be webcast live and available for 90 days on investors.bark.co.
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BARK Announces Departure of Chief Technology Officer

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BARK, Inc. (NYSE: BARK) announces the resignation of Nari Sitaraman as Chief Technology Officer, with Eric Picard assuming the role. The company expresses gratitude for Sitaraman's contributions and looks forward to continued progress under Picard's leadership.
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FAQ

What is the current stock price of BARK (BARK)?

The current stock price of BARK (BARK) is $1.401 as of November 4, 2024.

What is the market cap of BARK (BARK)?

The market cap of BARK (BARK) is approximately 241.2M.

What is BARK, Inc.?

BARK, Inc. is a vertically integrated, omnichannel brand that provides premium products and services for dogs, including toys, accessories, and consumables.

When was BARK, Inc. founded?

BARK, Inc. was founded in 2012.

What are the primary products offered by BARK, Inc.?

BARK, Inc. offers toys, accessories, consumables, wellness products, and personalized meal delivery for dogs.

What are BARK's key services?

BARK's key services include monthly subscription boxes (BarkBox and Super Chewer), an e-commerce platform (BarkShop.com), and retail partnerships with Target and Amazon.

What is BARK Bright?

BARK Bright is a line of wellness products designed to meet the health needs of dogs.

What is BARK Eats?

BARK Eats is a personalized meal delivery service tailored to individual dogs' dietary needs.

Who are BARK's retail partners?

BARK partners with major retailers including Target and Amazon.

How does BARK primarily generate its revenue?

BARK primarily generates its revenue from its Direct to Consumer (D2C) segment, which includes subscription services and e-commerce sales.

Why do people choose BARK products?

People choose BARK products because they offer high-quality, all-natural treats, innovative toys, and personalized services that cater to dogs' needs.

How many products has BARK shipped since its inception?

Since its inception, BARK has shipped more than 70 million products.

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BARK, Inc.

NYSE:BARK

BARK Rankings

#3684 Ranked by Market Cap
N/A Ranked by Dividends

BARK Stock Data

241.23M
173.55M
24.91%
40.78%
7.43%
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