NYSE$BARK
The Original Bark Co · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Reported fiscal fourth quarter and full year 2023 results.
BARK reported a 2% decrease in revenue year-over-year for the fiscal fourth quarter, but delivered fiscal year 2023 revenue of $535.3 million, a 5.5% increase year-over-year. The company saw improvements in gross margin and reduced its net loss compared to the previous year, and was free cash flow positive for the second quarter in a row.
- Fiscal year 2023 revenue was $535.3 million, a 5.5% increase year-over-year.
- Fiscal year 2023 consolidated gross margin increased 200 basis points to 57.6%.
- Fourth quarter net cash provided by operating activities was $19.1 million, as compared to $(25.9) million in fiscal 2022.
- The Company ended the quarter with $124.3 million of inventory and cash and cash equivalents of $177.9 million.
Headline financials
Revenue & EPS history
Bark · Revenue · Quarterly
$126M
Revenue by segment
Bark · $126M total across 2 segments · Q4 2023
- Direct to Consumer$116M-1.5%92.1%
- Commerce$10M-9.7%7.9%
Forward guidance
For the fiscal first quarter 2024, BARK expects total revenue of $121 to $123 million and Adjusted EBITDA of $(11) to $(10) million. For the fiscal full year 2024, BARK expects 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 Q4 2023
-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 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro