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BARK Announces Participation in Canaccord Genuity's 45th Annual Growth Conference on August 12, 2025
BARK Announces Participation in Canaccord Genuity's 45th Annual Growth Conference on August 12, 2025

Business Wire

time30-07-2025

  • Business
  • Business Wire

BARK Announces Participation in Canaccord Genuity's 45th Annual Growth Conference on August 12, 2025

NEW YORK--(BUSINESS WIRE)--BARK, Inc. (NYSE: BARK) ('BARK' or the 'Company'), a leading global omnichannel brand with a mission to make all dogs happy, today announced that the Company is scheduled to participate in a fireside chat at Canaccord Genuity's 45th Annual Growth Conference, taking place at the InterContinental Boston on Tuesday, August 12, 2025, at 10:00 a.m. ET. Chief Financial Officer Zahir Ibrahim will represent the Company in the discussion. The fireside chat will be webcast live over the internet and can be accessed at An online archive will be available for a period of 90 days following the presentation. About BARK BARK is the world's most dog-centric company, devoted to making all dogs happy with the best products, services, and content. BARK's dog-obsessed team leverages its unique, data-driven understanding of what makes each dog special to design playstyle-specific toys, wildly satisfying treats, dog-first experiences that foster the health and happiness of dogs everywhere, and more. Founded in 2011, BARK loyally serves millions of dogs nationwide with BarkBox and Super Chewer, its themed toys and treats subscriptions; custom product collections through its retail partner network, including Target, Chewy, and Amazon; and BARK Air, the first air travel experience designed specifically for dogs first. At BARK, we want to make dogs as happy as they make us because dogs and humans are better together. Sniff around at for more information.

Popular pet products brand receives warning as losses pile up
Popular pet products brand receives warning as losses pile up

Miami Herald

time16-07-2025

  • Business
  • Miami Herald

Popular pet products brand receives warning as losses pile up

People love their pets, but they also love their money, and generally become fairly careful when it comes to spending money on their animals. That's not to say people don't lavish their dogs and cats with toys, food, and all sorts of other things to play on or play with, but they are somewhat cautious when doing it. Related: Walmart announces generous offers rivaling Target Most pet owners understand that you can buy pet toys from Amazon or Chewy at very low prices. That makes them less likely to buy those items if they happen to be in a pet store. Pet stores themselves have struggled because who wants to go to a physical location to buy something heavy like dog food or kitty litter? Instead, most people, or at least many pet owners, have those items delivered by either Amazon or Chewy. Don't miss the move: Subscribe to TheStreet's free daily newsletter People can love their pets and be willing to spend a lot of money on them without actually doing so. Your dog does not know he's playing with your old tennis ball or a new toy that came as part of a subscription service. When an animal can have fun with the empty box, the item was delivered in, that makes it hard to argue for lavish spending on dog related items. Shutterstock-Mariya Kuzema There was a period where subscription boxes were really hot. You might sign up to get a box filled with comic books, workout gear, or who knows what else every, quarter, or even every month. BarkBox was an attempt to leverage that craze for dogs. The company offers one simple product: "BarkBox: A monthly themed box of toys, treats, and unleashed joy, thoughtfully designed to satisfy every dog's unique playstyle," BarkBox shared on its website. Pet parents have to answer some questions about their dog and then can select the frequency of delivery. BarBox also offers selections based around more durable toys: "Super Chewer: A monthly themed box of durable toys, treats, and chews for adventure-seeking dogs, designed to challenge and engage for longer-lasting play." More Retail: Huge retail chain suddenly closing hundreds of storesMajor retailer scores huge benefit from Joann bankruptcyHome Depot, Target, Ulta and more strike back at retail crime And, there's a box for dental care: "Dental: Health and wellness support that makes caring for your dog simple, effortless, and totally worth a full-body tail wag." And, of course, a food option as well: "Food: Healthy and delicious food and supplements for your breed, made by nutritionists and delivered to your door." Bark, Inc. shared that the New York Stock Exchange issued a notice on July 10, 2025 informing the company that it is no longer in compliance with its continued listing standards under the NYSE's Minimum Stock Price Standard. The average closing price of the company's common stock was less than $1 per share over a consecutive 30 trading-day period ended July 9, 2025. Under Section 802.01C, the section of the NYSE rules that includes the Minimum Stock Price Standard, Bark has six months following receipt of the notice to regain compliance with the listing standard. Compliance can be achieved if on the last trading day of any calendar month during the cure period (or the last trading day of the cure period) the company has a closing share price of at least $1 and an average closing share price of at least $1 over the prior 30 trading-day period ending on the last trading day of the applicable calendar month or the cure period. Bark intends to remain listed on the NYSE and is considering all available options to regain compliance with the NYSE's continued listing standards, including, but not limited to, a reverse stock split, subject to stockholder approval. "The notice has no immediate impact on the listing of the company's common stock, which will continue to be listed and traded on the NYSE during such cure period, subject to the company's compliance with other NYSE continued listing standards. Furthermore, the notice is not anticipated to impact the ongoing business operations of the Company or its reporting requirements with the U.S. Securities and Exchange Commission," the company shared in a press release. Related: Brewery chain still operating after Chapter 11 bankruptcy For the full year, Bark saw total revenue drop by 1.2% to $484.2 million. The company's loss of $32,9 million was actually an improvement over the previous year. The company's cash and cash equivalents balance as of March 31, 2025 was $94 million, and reflects $10.5 million of share repurchases in the fourth quarter at an average price of $1.71. Bark's inventory balance as of March 31, 2025 was $88.1 million, a $3.9 million increase compared to last year. The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.

BARK Announces Receipt of Notice of Non-Compliance with the NYSE Continued Listing Standards
BARK Announces Receipt of Notice of Non-Compliance with the NYSE Continued Listing Standards

Business Wire

time11-07-2025

  • Business
  • Business Wire

BARK Announces Receipt of Notice of Non-Compliance with the NYSE Continued Listing Standards

NEW YORK--(BUSINESS WIRE)--BARK, Inc. ('BARK' or the 'Company') (NYSE: BARK), a leading global omnichannel dog brand with the mission to make all dogs happy, announced today that the New York Stock Exchange (the 'NYSE') issued a notice (the 'Notice') on July 10, 2025 informing the Company that it is no longer in compliance with its continued listing standards set forth in Section 802.01C (the 'Minimum Stock Price Standard') because the average closing price of the Company's common stock was less than $1.00 per share over a consecutive 30 trading-day period ended July 9, 2025. Under Section 802.01C, the Company has six months following receipt of the Notice to regain compliance with the listing standard. Compliance can be achieved if on the last trading day of any calendar month during the cure period (or the last trading day of the cure period) the Company has a closing share price of at least $1.00 and an average closing share price of at least $1.00 over the prior 30 trading-day period ending on the last trading day of the applicable calendar month or the cure period. The Company intends to remain listed on the NYSE and is considering all available options to regain compliance with the NYSE's continued listing standards, including, but not limited to, a reverse stock split, subject to stockholder approval. The Notice has no immediate impact on the listing of the Company's common stock, which will continue to be listed and traded on the NYSE during such cure period, subject to the Company's compliance with other NYSE continued listing standards. Furthermore, the Notice is not anticipated to impact the ongoing business operations of the Company or its reporting requirements with the U.S. Securities and Exchange Commission. About BARK BARK is the world's most dog-centric company, devoted to making all dogs happy with the best products, services, and content. BARK's dog-obsessed team leverages its unique, data-driven understanding of what makes each dog special to design playstyle-specific toys, wildly satisfying treats, dog-first experiences that foster the health and happiness of dogs everywhere, and more. Founded in 2011, BARK loyally serves millions of dogs nationwide with BarkBox and Super Chewer, its themed toys and treats subscriptions; custom product collections through its retail partner network, including Target, Chewy, and Amazon; and BARK Air, the first air travel experience designed specifically for dogs first. At BARK, we want to make dogs as happy as they make us because dogs and humans are better together. Sniff around at for more information. Forward Looking Statements This press release contains 'forward-looking statements' for purposes of the federal securities laws. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements under the US securities laws. All statements, other than statements of present or historical facts, contained in this press release, regarding the listing of our common stock on the NYSE and expectations, plans and objectives of management are forward-looking statements. Forward-looking statements are typically identified by such words as 'plan,' 'believe,' 'expect,' 'anticipate,' 'intend,' 'outlook, 'estimate,' 'will,' 'should,' 'would' and 'could' and other similar words and expressions. These forward-looking statements involve a number of risks, uncertainties or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by the forward-looking statements, including, but not limited to: our ability to implement business plans, forecasts, and other expectations; our ability to finance and invest in growth initiatives; the ability to get the stockholder approval to effectuate a reverse stock-split, if necessary; and the other risks disclosed in the Company's annual report on Form 10-K, copies of which may be obtained by visiting the Company's Investor Relations website at or the SEC's website at 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.

This $11.5M Startup Backed By Niklas Zennström Wants To Help You Launch A Million-Dollar AI Business From Your Sofa
This $11.5M Startup Backed By Niklas Zennström Wants To Help You Launch A Million-Dollar AI Business From Your Sofa

Yahoo

time05-07-2025

  • Business
  • Yahoo

This $11.5M Startup Backed By Niklas Zennström Wants To Help You Launch A Million-Dollar AI Business From Your Sofa

Henrik Werdelin, co-founder of BarkBox and longtime startup advisor, has launched a new venture named Audos, which recently raised $11.5 million in seed funding led by True Ventures. Other investors include Offline Ventures, Bungalow Capital, and notable angel investors Niklas Zennström and Mario Schlosser, TechCrunch reports. Based in New York, Audos offers AI tools and startup-building support to everyday people who want to launch small businesses without any technical background. Unlike accelerators or traditional venture models, TechCrunch says that Audos charges a 15% perpetual revenue share instead of taking equity from founders. Don't Miss: Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. Tired of Grid Failures and Charging Deserts? This Startup Has a Solar Fix and $25M+ in Sales — Werdelin, who previously built startup studio Prehype, told TechCrunch that Audos combines years of startup-building expertise into an accessible platform anyone can use to launch a digital product. "What we're trying to do is to figure out how you make a million companies that do a million dollars [in annual revenue]," Werdelin said. That goal, if realized, would create what he calls a trillion-dollar turnover business, a term that sets a new benchmark for bottom-up innovation. The company uses social media platforms like Instagram and Facebook to reach potential founders and identify whether their business ideas can generate customers at a sustainable cost. According to TechCrunch, Audos's AI agent interacts with users directly, helping them clarify their offer and go to market quickly using natural language inputs. Trending: Named a TIME Best Invention and Backed by 5,000+ Users, Kara's Air-to-Water Pod Cuts Plastic and Costs — So far, Audos has supported the launch of what Werdelin calls "low hundreds" of businesses in its beta phase, TechCrunch reports. These include ventures like a virtual golf swing coach, an AI nutritionist, a mechanic offering quote evaluations, and even an "after-death logistics" consultant. Each founder received up to $25,000 in funding, access to Audos's proprietary tools, and support in distributing their offer through paid social ads. According to TechCrunch, Werdelin refers to these micro-businesses as "donkeycorns," signaling modest yet profitable ventures that aim to support personal freedom rather than billion-dollar exits. According to TechCrunch, Audos's model may spark discussion over the long-term cost of a 15% revenue share, which continues indefinitely like Apple's (NASDAQ:AAPL) App Store platform fee. While some entrepreneurs may welcome the no-equity route, others could see the permanent cut as a costly tradeoff over acknowledged that the market is rapidly filling with similar AI tools, saying, "the world is full of these tools" and they are "getting better rapidly," TechCrunch says. Audos distinguishes itself by helping non-technical users go to market quickly using natural language prompts and social media targeting. True Ventures partner Tony Conrad expressed confidence in Audos, citing its potential to support thousands who want to start small, independent businesses with real revenue potential. "There are just lots and lots of people" who need this opportunity, Conrad told TechCrunch. Audos currently operates with just five employees but aims to expand its impact exponentially without building a large internal team. Werdelin believes the next wave of entrepreneurship should be built by people previously left out of the ecosystem. "We believe that the world is better with more entrepreneurship," he told TechCrunch, pointing to mom-and-pop shops as his inspiration rather than venture-backed unicorns. Read Next: Here's what Americans think you need to be considered wealthy. Image: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article This $11.5M Startup Backed By Niklas Zennström Wants To Help You Launch A Million-Dollar AI Business From Your Sofa originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

We've Reached Rainbow Capitalism's End
We've Reached Rainbow Capitalism's End

New York Times

time20-06-2025

  • Entertainment
  • New York Times

We've Reached Rainbow Capitalism's End

I remember the heady days when Out magazine, which I edited from 2006 to 2018, would swell each June for L.G.B.T.Q. Pride month, its pages thick with ads. Our offices became cluttered with vodka bottles emblazoned in Pride flags, sneakers in rainbow hues, underwear so festively gay that they might as well have come with a parade permit. That deployment of marketing budgets to support the gay community became known as rainbow capitalism, and for a time it became a good business. So tickled were we by the excess of it all that we once devoted a feature to the annual deluge of swag. 'Look at this,' we seemed to say. 'We've arrived.' Maybe we were naïve. The forces that once propelled corporate America into the arms of L.G.B.T.Q. America have pivoted, retreating under the weight of political backlash and the calculus of risk aversion. The pink pandering hasn't gone away entirely, but the Trump administration's assault on diversity, equity and inclusion initiatives has turned Pride from a brightly colored bandwagon for brands to jump on into a possible liability — or worse, a political statement. Consider BarkBox, a purveyor of pet toys and treats, whose leaked internal message in early June laid bare the new corporate zeitgeist: 'We've made the decision to pause all paid ads and life cycle marketing pushes for the Pride kit effective immediately,' it read, adding, 'We need to acknowledge that the current climate makes this promotion feel more like a political statement than a universally joyful moment for all dog people.' What was once 'universally joyful' is now, apparently, divisive. As if Pride were ever meant to be apolitical. The corporate retreat comes at a moment when pressure to reverse marriage equality is growing. This month the Southern Baptist Convention, emboldened by the overturning of Roe v. Wade, set its sights on Obergefell v. Hodges, the Supreme Court ruling that legalized same-sex marriage nationally 10 years ago next week. What a way to mark an anniversary. BarkBox is no titan of industry, but such skittishness is echoed by giants. Garnier, Skyy Vodka, Mastercard, Anheuser-Busch, Diageo, PepsiCo, Comcast, Citi and PricewaterhouseCoopers have all slashed their Pride commitments this year, fleeing the parades they once clamored to sponsor. Target, long a mainstay of rainbow capitalism, seems to be trying to revive a version of 'don't ask, don't tell' by trying to have it both ways: still a sponsor of New York City Pride but asking organizers to keep their involvement on the down low. (It was also booted as a sponsor of Twin Cities Pride after pulling back on its D.E.I. efforts.) Want all of The Times? Subscribe.

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