BARK Announces New Retail Commitment for Treats
17 Enero 2024 - 7:30AM
Business Wire
Agreement Spans Approximately 1,300 Doors with
a Leading National Retailer
BARK, Inc. (NYSE: BARK) (“BARK” or the “Company”), a leading
global omnichannel dog brand with a mission to make all dogs happy,
today announced that it has received commitment from a premier
national retailer to sell its new treat offering in approximately
1,300 of its doors beginning in the spring of 2024. The agreement
consists of 4 SKUs in-store and 8 online.
To date, the Company has secured retail commitments for its new
treat offering in nearly 2,500 doors across the country.
“We are excited to share our latest retail commitment for
treats. This partnership, with one of the top retailers in the
country, will significantly boost visibility of BARK’s growing
presence in consumables,” said Matt Meeker, Co-Founder and Chief
Executive Officer. “We continue to execute the roadmap we laid out
at the beginning of the year, from growing our consumables
footprint in retail and direct-to-consumer, to delivering material
profitability and free cash flow improvements. This is encouraging
progress and we are still in the early innings of our journey.”
About BARK BARK is the world’s most dog-centric company,
devoted to making dogs happy with the best products, services and
content. BARK’s dog-obsessed team applies its unique, data-driven
understanding of what makes each dog special to design
playstyle-specific toys, wildly satisfying treats, great food for
your dog’s breed, effective and easy to use dental care, and
dog-first experiences that foster the health and happiness of dogs
everywhere. Founded in 2011, BARK loyally serves dogs nationwide
with themed toys and treats subscriptions, BarkBox and BARK Super
Chewer; custom product collections through its retail partner
network, including Target and Amazon; its high-quality, nutritious
meals made for your breed with BARK Food; and products that meet
dogs’ dental needs with BARK Bright®. At BARK, we want to make dogs
as happy as they make us because dogs and humans are better
together. Sniff around at BARK.co for more information.
Forward Looking Statements This press release contains
forward-looking statements relating to, among other things, the
future performance of BARK that are based on the Company’s current
expectations, forecasts and assumptions and involve risks and
uncertainties. In some cases, you can identify forward-looking
statements by terminology such as “may,” “will,” “should,” “could,”
“expect,” “plan,” "anticipate,” “believe,” “estimate,” “predict,”
“intend,” “potential,” “continue,” “ongoing” or the negative of
these terms or other comparable terminology. These statements
include, but are not limited to, statements about future operating
results, including our strategies, plans, commitments, objectives
and goals. Actual results could differ materially from those
predicted or implied and reported results should not be considered
as an indication of future performance. Other factors that could
cause or contribute to such differences include, but are not
limited to, risks relating to the uncertainty of the projected
financial information with respect to BARK; the risk that spending
on pets may not increase at projected rates; that BARK
subscriptions may not increase their spending with BARK; BARK’s
ability to continue to convert social media followers and contacts
into customers; BARK’s ability to successfully expand its product
lines and channel distribution; competition; the uncertain effects
of the COVID-19 pandemic or other global or macroeconomic events or
challenges.
More information about factors that could affect BARK's
operating results is included under the captions “Risk Factors” and
“Management’s Discussion and Analysis of Financial Condition and
Results of Operations” in the Company's quarterly report on Form
10-Q, copies of which may be obtained by visiting the Company’s
Investor Relations website at https://investors.bark.co/ or the
SEC’s website at www.sec.gov. Undue reliance should not be placed
on the forward-looking statements in this press release, which are
based on information available to the Company on the date hereof.
The Company assumes no obligation to update such statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20240117590143/en/
Investors: Michael Mougias investors@barkbox.com
Media: Garland Harwood press@barkbox.com
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