BARK, Inc.

BARK reported fiscal first quarter 2027 revenue of $78.8 million, a 23.4% year-over-year decline driven by a smaller subscriber base following reduced marketing spend in fiscal 2026. Direct-to-consumer revenue was $66.7 million, while commerce revenue fell 11.4% to $12.1 million and BARK Air revenue rose 37% to $3.2 million. Net income was $745,000, including a one-time $7.4 million tariff refund benefit, and adjusted EBITDA was $0.6 million, up from $0.1 million a year earlier. The company reiterated full year 2027 revenue guidance of $325 million to $340 million and adjusted EBITDA guidance of $7 million to $10 million, with fiscal second quarter revenue expected between $83 million and $85 million.

Mattel reported first-quarter revenues of $862.2 million, up 4.3% year on year and exceeding analysts' expectations by 6.6%, the biggest beat among four tracked consumer discretionary toys and electronics stocks. The company also raised its full-year EPS guidance above estimates and posted a decent beat on adjusted operating income. Despite the strong results, Mattel shares have fallen 6.6% since the report, trading at $13.90. Among peers, Hasbro delivered the fastest revenue growth at $1 billion, up 12.7%, but its stock dropped 13.4%, while Funko shares surged 21.7% after beating estimates and raising guidance. Bark was the weakest performer, with revenues down 25% to $86.57 million, missing estimates and issuing disappointing guidance.