Bark (NYSE:BARK) Posts Better-Than-Expected Sales In Q3

Core Insights - Bark reported Q3 CY2025 results that exceeded market revenue expectations, with sales of $107 million, although this represents a 15.2% year-on-year decline [1][8] - The company's revenue guidance for the next quarter is $102.5 million, which is 4% below analysts' estimates [1] - Bark's non-GAAP loss per share was $0.03, missing analysts' consensus by $0.02 [1] Company Overview - Bark specializes in subscription-based, personalized pet products, gaining recognition through its BarkBox offering [4] Financial Performance - Bark's revenue growth over the last five years has been a compounded annual growth rate of 9.8%, which is below the benchmark for the consumer discretionary sector [5] - The company has experienced a decline in revenue over the past two years, with an annual decrease of 5.3% [6] - For Q3 CY2025, Bark's revenue was $107 million, beating analyst estimates of $104.3 million by 2.6% [7] - Adjusted EBITDA for the quarter was -$1.44 million, significantly missing analyst estimates [7] - The operating margin for the quarter was -10%, a decline from -4.5% in the same quarter last year [7] - Free cash flow was reported at -$19.93 million, down from $966,000 in the same quarter last year [7] Future Guidance - Management is guiding for an 18.9% year-on-year decline in sales for the next quarter [8] - EBITDA guidance for Q4 CY2025 is projected at -$3 million, below analyst estimates of -$1.43 million [7]