BARK, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 08, 2023 at 05:11 pm EST
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BARK, Inc. reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was USD 123.04 million compared to USD 143.81 million a year ago. Net loss was USD 10.34 million compared to USD 10.64 million a year ago. Basic loss per share from continuing operations was USD 0.06 compared to USD 0.06 a year ago.
For the six months, sales was USD 243.63 million compared to USD 274.96 million a year ago. Net loss was USD 22 million compared to USD 26.05 million a year ago. Basic loss per share from continuing operations was USD 0.12 compared to USD 0.15 a year ago.
BARK, Inc. is a dog-centric company. The Company is a vertically integrated, omnichannel brand serving dogs across two key categories: toys & accessories and consumables. All of its products are designed, developed, and branded BARK. The Company's products are sold direct-to-consumer (DTC) and through its network of retail partners. It offers BarkBox and Super Chewer, which are subscription products that feature monthly themed boxes of BARK toys and treats that are delivered directly to a dog's home. Customers have the option to subscribe to these products on a monthly, six month, or annual basis. It offers customers incremental products via ATB, which enables it to cross-sell customers into its full portfolio of products, including kibble, treats, toppers, dental and more. Its toys category also includes revenue derived from the sale of other products such as beds, leashes, apparel, and other miscellaneous products. The Company also offers Barkbox and Super Chewer boxes.
BARK, INC. 
