2024-02-19 10:12:48 ET
Summary
- BARK is supported by a strong customer base in the United States as a consumer discretionary stock.
- Pets continue to grow as a percentage of US households, increasing the potential market for BARK's products and services.
- BARK has a 62% upside compared to its closest competitor in terms of valuation.
Business Overview & Macroeconomy
BARK is a company that went public via SPAC in 2021, at the height of the SPAC boom. BARK’s business is focused on providing services, products, and content to dog owners. BARK distributes its product through its own e-commerce platform and through 40,000 retail stores within the United States....
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BARK: Fighting For Support