BARK reports Q1 revenue of $78.82M, exceeding expectations by $1.82M amid a 23.4% annual decline.
BARK posted Q1 revenue of $78.82M, beating estimates by $1.82M despite a 23.4% year-over-year decline. Non-GAAP EPS of -$0.20 surpassed expectations by $0.53, reflecting cost management efforts amid lower sales volumes.
The company had previously reported $107.0 million in revenue for the comparable quarter last year. Analysts had anticipated a steeper revenue drop, with consensus estimates slightly below the reported figure.
For Q2 fiscal 2027, BARK forecasts revenue between $83.0 million and $85.0 million, signaling cautious optimism for a rebound.