BARK Q1 Adj EPS $(0.05) Beats $(0.08) Estimate, Sales $120.59M Miss $121.55M Estimate
Portfolio Pulse from totan@benzinga.com
BARK reported Q1 adjusted EPS of $(0.05), beating the estimate of $(0.08) by 37.5%. However, the company's sales of $120.59M missed the estimate of $121.55M by 0.79%. This represents a 44.44% increase in losses from the same period last year and an 8.05% decrease in sales.

August 08, 2023 | 8:01 pm
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NEUTRAL IMPACT
BARK's Q1 earnings beat estimates but sales missed, indicating mixed performance.
BARK's earnings beat estimates, which is positive for the stock. However, the company's sales missed estimates, which is negative. These two factors could offset each other, leading to a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100