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Stock impact report

BARK Reports First Quarter Fiscal Year 2025 Results [Yahoo! Finance]

BARK, Inc. Class A (BARK) 
Company Research Source: Yahoo! Finance
to make all dogs happy, today announced its financial results for the fiscal first quarter ended June 30, 2024. Key Highlights Total revenue was $116.2 million, ahead of the high-end of the Company's guidance range. Consolidated gross margin was a record 63.0%, a 248 basis point increase year-over-year, and the Company's 7th consecutive quarter of year-over-year gross margin improvement. Net cash provided by operating activities was $1.8 million and free cash flow improved $13.5 million to $(0.3) million year-over-year. Net loss improved 13.9% to $(10.0) million, year-over-year. Adjusted EBITDA was $(1.8) million, ahead of the high-end of the Company's guidance range and a $5.6 million improvement, year-over-year. The Company announced its launch at Chewy, with a collection of its best-selling toys. "Fiscal 2025 is off to a strong start, building on the momentum we established last year. Our first quarter results are a testament to our continued progress, and we remain Show less Read more
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