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Unpacking Q4 Earnings: Bark (NYSE:BARK) In The Context Of Other Leisure Products Stocks

StockStory - Fri Mar 29, 6:46AM CDT

BARK Cover Image

The end of an earnings season can be a great time to assess how companies are handling the current business environment and discover new stocks. Let’s take a look at how Bark (NYSE:BARK) and the rest of the leisure products stocks fared in Q4.

Leisure products cover a wide range of goods in the consumer discretionary sector. Maintaining a strong brand is key to success, and those who differentiate themselves will enjoy customer loyalty and pricing power while those who don’t may find themselves in precarious positions due to the non-essential nature of their offerings.

The 18 leisure products stocks we track reported a weaker Q4; on average, revenues missed analyst consensus estimates by 0.7% while next quarter's revenue guidance was 7.6% below consensus. Inflation (despite slowing) has investors prioritizing near-term cash flows, but leisure products stocks held their ground better than others, with the share prices up 7% on average since the previous earnings results.

Bark (NYSE:BARK)

Making a name for itself with the BarkBox, Bark (NYSE:BARK) specializes in subscription-based, personalized pet products.

Bark reported revenues of $125.1 million, down 6.9% year on year, topping analyst expectations by 1.4%. It was a slower quarter for the company, with a miss of analysts' earnings estimates.

"Our results last quarter highlight the significant strides we've made as a public company. We delivered our strongest customer acquisition quarter in two years, surpassed the high-end of our revenue guidance range, and improved our gross margin by over 200 basis points year-over-year," said Matt Meeker, Co-Founder and Chief Executive Officer.

Bark Total Revenue

The stock is up 35.3% since the results and currently trades at $1.24.

Read our full report on Bark here, it's free.

Best Q4: Smith & Wesson (NASDAQ:SWBI)

With a history dating back to 1852, Smith & Wesson (NASDAQ:SWBI) is a firearms manufacturer known for its handguns and rifles.

Smith & Wesson reported revenues of $137.5 million, up 6.5% year on year, outperforming analyst expectations by 2.9%. It was an exceptional quarter for the company, with an impressive beat of analysts' earnings estimates.

Smith & Wesson Total Revenue

The stock is up 30.7% since the results and currently trades at $17.56.

Is now the time to buy Smith & Wesson? Access our full analysis of the earnings results here, it's free.

Slowest Q4: Brunswick (NYSE:BC)

Formerly known as Brunswick-Balke-Collender Company, Brunswick (NYSE: BC) is a designer and manufacturer of recreational marine products, including boats, engines, and marine parts.

Brunswick reported revenues of $1.36 billion, down 14% year on year, falling short of analyst expectations by 5.4%. It was a weak quarter for the company, with full-year revenue guidance missing analysts' expectations.

The stock is up 15.7% since the results and currently trades at $93.26.

Read our full analysis of Brunswick's results here.

Acushnet (NYSE:GOLF)

Producer of the acclaimed Titleist Pro V1 golf ball, Acushnet (NYSE:GOLF) is a design and manufacturing company specializing in performance-driven golf products.

Acushnet reported revenues of $413 million, down 7.7% year on year, falling short of analyst expectations by 3.8%. It was a weaker quarter for the company, with a miss of analysts' revenue and EPS estimates.

Acushnet delivered the highest full-year guidance raise among its peers. The stock is down 5.9% since the results and currently trades at $65.05.

Read our full, actionable report on Acushnet here, it's free.

Solo Brands (NYSE:DTC)

Started through a Kickstarter campaign, Solo Brands (NYSE:DTC) is a provider of outdoor and recreational products.

Solo Brands reported revenues of $165.3 million, down 16.2% year on year, falling short of analyst expectations by 0.5%. It was a weak quarter for the company, with a miss of analysts' earnings estimates.

The stock is down 10% since the results and currently trades at $2.17.

Read our full, actionable report on Solo Brands here, it's free.

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