BARK, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024
June 04, 2024 at 01:31 am IST
Share
BARK, Inc. reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was USD 121.48 million compared to USD 126.02 million a year ago. Net loss was USD 4.9 million compared to USD 14.2 million a year ago.
For the full year, sales was USD 490.18 million compared to USD 535.32 million a year ago. Net loss was USD 37.01 million compared to USD 61.52 million 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. 
