BARK (NYSE:BARK) Releases Earnings Results, Beats Estimates By $0.42 EPS

BARK (NYSE:BARK) posted its earnings results on Tuesday. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.35) by $0.42, FiscalAI reports. The company had revenue of $86.57 million during the quarter, compared to analysts’ expectations of $96.30 million. BARK had a negative net margin of 7.65% and a negative return on equity of 25.73%. During the same quarter in the previous year, the company posted $0.01 earnings per share.

Here are the key takeaways from BARK’s conference call:

• BARK delivered its second consecutive year of positive Adjusted EBITDA, with full-year Adjusted EBITDA of about $0.2 million, and management expects another profitable year in fiscal 2027.
• Full-year revenue fell to $394.8 million as the company intentionally cut marketing and promotions by more than $24 million to prioritize margin durability over near-term growth.
• The company highlighted improving business quality, including higher retention rates, stronger average order values, and a D2C gross margin of 68%, up more than 200 basis points year over year.
• Management sees Commerce and BARK Air as important diversification drivers, with Commerce expected to approach nearly one quarter of FY2027 revenue and the two businesses combined to exceed $100 million.
• The board authorized a up to $40 million share repurchase program, and the company ended the year debt-free with $19 million of cash, signaling confidence in the balance sheet and free cash flow outlook.

BARK Stock Up 4.3%

BARK stock opened at $9.97 on Wednesday. BARK has a twelve month low of $8.15 and a twelve month high of $22.60. The company has a market cap of $86.13 million, a P/E ratio of -2.77 and a beta of 1.93. The business has a fifty day moving average of $9.39 and a 200-day moving average of $12.88.

More BARK News

Here are the key news stories impacting BARK this week:

• Positive Sentiment: BARK reported Q4 EPS of $0.07, far ahead of the consensus estimate of a loss of $0.35, suggesting stronger-than-expected profitability. BARK Reports Fiscal Fourth Quarter and Full Year 2026 Results
• Neutral Sentiment: The company said it intentionally reduced marketing spend to prioritize bottom-line durability, which helped margins but also pressured near-term sales. BARK Reports Fiscal Fourth Quarter and Full Year 2026 Results
• Negative Sentiment: Q4 revenue was $86.6 million, below the $96.3 million consensus estimate, and was down 25% year over year, showing softer demand and lower subscriber growth. BARK Reports Fiscal Fourth Quarter and Full Year 2026 Results
• Negative Sentiment: Management also guided first-quarter fiscal 2027 revenue to $77 million-$79 million versus the $107 million consensus, and full-year fiscal 2027 revenue to $325 million-$340 million versus $421.4 million expected, reinforcing concerns about growth. BARK Reports Fiscal Fourth Quarter and Full Year 2026 Results

Institutional Trading of BARK

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Brevan Howard Capital Management LP bought a new position in shares of BARK in the 2nd quarter valued at about $32,000. NewEdge Advisors LLC bought a new stake in shares of BARK during the first quarter worth approximately $65,000. BNP Paribas Financial Markets lifted its holdings in BARK by 323.4% in the third quarter. BNP Paribas Financial Markets now owns 50,438 shares of the company’s stock valued at $42,000 after buying an additional 38,526 shares during the period. Cerity Partners LLC lifted its holdings in BARK by 58.1% in the second quarter. Cerity Partners LLC now owns 55,405 shares of the company’s stock valued at $49,000 after buying an additional 20,359 shares during the period. Finally, XTX Topco Ltd bought a new position in BARK in the fourth quarter valued at approximately $38,000. 28.76% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have recently commented on BARK. Wall Street Zen upgraded BARK from a “sell” rating to a “hold” rating in a report on Saturday. Weiss Ratings downgraded shares of BARK from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday, May 6th. Finally, Canaccord Genuity Group decreased their price objective on shares of BARK from $30.00 to $15.00 and set a “hold” rating on the stock in a report on Thursday, April 2nd. Two analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of $22.50.

About BARK

BARK is a consumer products and services company focused on the canine market, offering a suite of subscription-based and direct‐to‐consumer offerings designed to meet the everyday needs of dogs and their owners. The company’s core business revolves around carefully curated boxes of toys, treats and chews, which are delivered monthly to subscribers through its flagship BarkBox service. Over time, BARK has expanded its reach beyond subscription, tapping into e-commerce and wholesale channels to broaden its customer base.

In addition to BarkBox, the company operates BarkShop, an online storefront that allows customers to purchase toys, grooming supplies and nutrition products on an a la carte basis.