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.
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.
BARK, Inc. (NYSE: BARK) will release its fiscal fourth quarter and full year 2022 financial results on May 31, 2022, after market close. A conference call and webcast will follow at 4:30 pm ET to discuss these results. Interested participants can join by dialing (844) 200-6205 or accessing the live webcast at bark.co. A call replay will be available until June 14, 2022. BARK continues to focus on enhancing the happiness of dogs through its products and services.
BARK, Inc. (NYSE: BARK) has appointed Cindy Gustafson as its new Chief Marketing Officer. With extensive experience in e-commerce and subscription services, Gustafson will lead the marketing strategy to enhance brand presence and drive growth. Previously, she was Global CMO at WW International, where she modernized the brand and diversified its consumer base. Her appointment aligns with BARK's strategic priorities, including expanding its food offerings and unifying customer experiences across product lines. Gustafson's expertise is expected to further BARK's mission of making dogs happy.
BARK, Inc. (NYSE: BARK), a leader in the dog-centric product market, will participate in a fireside chat at the Canaccord Genuity eCommerce Sustainable Advantage Virtual Forum on March 24, 2022, at 1:30 PM ET. CEO Matt Meeker will lead the discussion, which will be accessible via a live webcast. BARK specializes in providing tailored toys, treats, and nutrition for dogs, with a commitment to enhancing their happiness. Established in 2012, BARK offers services like subscription boxes and personalized meal plans through various retail partnerships.
FAQ
What is the current stock price of BARK (BARK)?
What is the market cap of BARK (BARK)?
What is BARK, Inc.?
When was BARK, Inc. founded?
What are the primary products offered by BARK, Inc.?
What are BARK's key services?
What is BARK Bright?
What is BARK Eats?
Who are BARK's retail partners?
How does BARK primarily generate its revenue?
Why do people choose BARK products?
How many products has BARK shipped since its inception?
