NYSE$BARK
The Original Bark Co · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Reported first quarter fiscal year 2024 results.
BARK's first quarter fiscal year 2024 shows a revenue of $120.6 million, a gross margin increase to 60.6%, and a net loss improvement of 24.3% to $(11.7) million year-over-year. Adjusted EBITDA also improved by 43.0% versus last year.
- Total revenue was $120.6 million, broadly in-line with guidance.
- Consolidated gross margin increased 280 basis points to 60.6%, compared to last year.
- Net Loss improved 24.3% to $(11.7) million, year-over-year.
- Adjusted EBITDA was $(7.4) million, a 43.0% improvement versus last year.
Headline financials
Revenue & EPS history
Bark · Revenue · Quarterly
$121M
Revenue by segment
Bark · $232M total across 4 segments · Q1 2024
- Direct to Consumer$112M-5.5%48.1%
- Toys & Accessories$72.1M—31.0%
- Consumables$39.8M—17.1%
- Commerce$8.7M-31.7%3.7%
Forward guidance
For the fiscal second quarter 2024, BARK expects total revenue of $123 to $127 million and Adjusted EBITDA of $(3) million to $(1) million. For the fiscal full year 2024, they expect total revenue of flat to (5)% year-over-year and Adjusted EBITDA of $(8) million to $2 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2024
-3.0%
Avg return
Earnings day
-4.2%
Avg return
5 days after
-7.1%
Avg return
30 days after
48%
12 / 25 earnings
Positive
+22.3%
Q1 2023
Best reaction
-24.6%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | +2.2% | -13.4% | — | |
| Q3 2026 | -2.6% | -5.7% | -7.6% | |
| Q2 2026 | +0.0% | -6.3% | -16.7% | |
| Q1 2026 | -6.3% | -2.9% | +2.6% | |
| Q4 2025 | +1.6% | -2.4% | -34.6% | |
| Q3 2025 | -6.6% | +0.0% | -20.9% | |
| Q2 2025 | -6.0% | +1.3% | +53.6% | |
| Q1 2025 | +11.7% | +11.7% | +18.2% | |
| Q4 2024 | +0.8% | +2.3% | +30.0% | |
| Q3 2024 | +13.4% | +26.5% | +51.6% | |
| Q2 2024 | -22.3% | -25.2% | -22.6% | |
| Q1 2024 | -9.5% | -12.4% | +12.4% | |
| Q4 2023 | +9.6% | +5.8% | +27.9% | |
| Q3 2023 | -24.6% | -31.5% | -41.9% | |
| Q2 2023 | -5.6% | -4.5% | -12.9% | |
| Q1 2023 | +22.3% | +36.0% | +22.3% | |
| Q4 2020 | -16.2% | -28.5% | -50.8% | |
| Q4 2022 | -16.2% | -28.5% | -50.8% | |
| Q3 2022 | -19.5% | -22.1% | -33.3% | |
| Q2 2022 | -13.4% | -11.8% | -37.7% | |
| Q1 2021 | +0.8% | -2.1% | -7.2% | |
| Q4 2021 | +0.8% | -2.1% | -7.2% | |
| Q1 2022 | +5.9% | +2.3% | -6.3% | |
| Q2 2021 | +3.3% | +11.5% | -13.9% | |
| Q3 2021 | +1.0% | -1.8% | -25.6% | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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