Valuation looks compelling. BARK trades at roughly 0.31× price/sales versus a 1.15× specialty-retail median, and price/book is near multi-year lows at 1.6×. Those trough multiples suggest upside if Bark can stabilize subscriber growth and improve margins, but weak profitability and rising costs are the key risks.That volatility masks a rough 2025. Shares fell as growth slowed, demand softened, and costs rose, leaving BARK down about 50% over the past year. However, Monday’s 30% rally marked the start of a s ...