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 (BARK) drives innovation in pet care through its subscription box services and omnichannel retail strategy. This dedicated news hub provides stakeholders with verified updates about corporate developments influencing the $100B pet products industry.
Track essential information including quarterly earnings disclosures, new product launches, and strategic retail partnerships. Our curated feed eliminates search friction by centralizing press releases and market-moving announcements from trusted sources.
Key coverage areas include financial performance metrics, subscription model enhancements, quality control initiatives, and executive leadership changes. Each update is vetted for relevance to investors analyzing this vertically integrated pet care specialist.
Bookmark this resource for efficient monitoring of BARK's market position. Return regularly to maintain informed perspectives on one of the pet industry's most disruptive public companies.
BARK, Inc. (NYSE: BARK) has partnered with Dunkin’ for a limited-edition collection of dog toys that will be available from November 1. The toys, inspired by Dunkin’s iced coffee and donuts, aim to raise funds for the Dunkin’ Joy in Childhood Foundation, which benefits children facing hunger or illness. Each donation of $12 or $15 at participating Dunkin' locations provides a specific toy. Since the collaboration began in 2020, over $4 million has been raised, funding 33 service dogs across 23 hospitals, significantly impacting young patients nationwide.
BARK, Inc. (NYSE: BARK) announced it will report its second quarter fiscal year 2023 financial results on November 9, 2022, after market close. A live conference call will occur at 4:30 p.m. ET on the same day, accessible via dialing 646-904-5544 for U.S. participants or +1-929-526-1599 for international calls, with the passcode 804526. The results will be discussed in detail during the call, which will also be available as a live audio webcast at investors.bark.co.
BARK, Inc. (NYSE: BARK) is expanding its breed-specific dog food offerings to include seven additional breeds and puppy formulas. This follows a successful initial launch in August, which targeted Chihuahuas, Labs, and Pit bulls. The new lineup will cater to Dachshunds, French Bulldogs, Boxers, Australian Shepherds, German Shepherds, Golden Retrievers, and Doodles. With approximately 70% of BARK Food customers subscribing to recurring shipments, the company emphasizes individual dietary needs. To celebrate, BARK is hosting a 'Next Top Dog Model' contest, encouraging dog owners to submit entries until November 17.
BARK, Inc. (NYSE: BARK) is set to participate in a fireside chat at the Jefferies Virtual Pet Care & Wellness Conference on September 22, 2022, at 9:30 am ET. CEO Matt Meeker will represent the company. This virtual event can be accessed via a live webcast and will have an online archive available for 90 days post-event. BARK is committed to enhancing dog happiness through its tailored products, including subscription services like BarkBox and various food and dental care offerings.
BARK, Inc. (NYSE: BARK) celebrated the launch of its new breed-based food offering, BARK Food, by ringing the opening bell at the New York Stock Exchange. Co-Founder and CEO Matt Meeker, accompanied by BARK’s employee dogs, highlighted the company's mission to enhance canine happiness. BARK aims to deliver personalized and high-quality products for dogs, including toys, treats, and food. This milestone reflects the company's commitment to innovation in the pet food industry.
BARK, Inc. (NYSE: BARK) reported fiscal Q1 2023 revenue of $131.2 million, a 12% year-over-year increase, surpassing guidance of $130 million. Average order value also rose by 6% to $31.07. Revenue from BARK Bright surged by 169% to $2.4 million. The company maintained its fiscal year revenue outlook of $556 million while improving Adjusted EBITDA guidance to $(33 million) from $(36 million). However, general and administrative expenses increased significantly, impacting net loss which stood at $(15.4 million).
BARK, Inc. (NYSE: BARK) will participate in a fireside chat at the Canaccord Genuity 42nd Annual Growth Conference on August 11, 2022, at 8:30 am ET in Boston, MA. CEO Matt Meeker will lead the discussion, which will be webcast live and archived for 90 days. BARK is a global brand dedicated to enhancing the happiness of dogs through various products, services, and subscriptions, including BarkBox and BARK Super Chewer. Founded in 2012, BARK focuses on dog-specific toys, treats, and meals tailored to different breeds.
BARK, Inc. (NYSE: BARK) will report its first quarter fiscal year 2023 financial results after market close on August 9, 2022. A conference call to discuss these results is scheduled for 4:30 pm ET. Interested participants can join the call by dialing (888) 330-2120 or +1 646 960-0290 for international callers. The call will be streamed live on the BARK investor website. A replay of the call will be available until August 23, 2022.
BARK, Inc. reported a 34% revenue increase year-over-year for FY 2022, totaling $507.4 million. The company added 1.2 million new subscriptions, reaching 2.3 million by year-end. Subscription shipments rose 28% to 15 million. Despite strong performance, Q4 showed a net loss of $36.7 million, attributed to inventory write-downs and rising G&A expenses. BARK anticipates $130 million in revenue for Q1 FY 2023 and $556 million for the full year, with significant negative EBITDA projections.
BARK, Inc. (NYSE: BARK) announced the appointment of David Kamenetzky to its Board of Directors, effective May 23, 2022. Kamenetzky, with significant experience at Anheuser-Busch InBev and Mars Incorporated, will contribute to the Compensation and Corporate Governance and Nominating Committees. His expertise in scaling multi-billion-dollar consumer brands, particularly in the dog food sector, is expected to enhance BARK's strategic direction. Co-Founder and CEO Matt Meeker expressed optimism about Kamenetzky's role in advancing the company’s mission to enhance value for shareholders.
