Dogness Expands Sales Activities at Costco Wholesale Corporation
November 19 2020 - 6:00AM
Dogness International Corporation (“Dogness” or the “Company”)
(NASDAQ: DOGZ), a developer and manufacturer of a comprehensive
line of Dogness-branded, OEM and private label pet products,
announced an expansion of its sales activities at Costco Wholesale
Corporation (“Costco”), with both in-store and online special
events to promote the high quality, Dogness smart pet product line.
Silong Chen, Chairman and Chief Executive
Officer of Dogness, commented, “Costco embodies our commitment to
innovation, product excellence and to providing customers with
value and happiness. As one of the world’s most dominant retailers
– both online and in its warehouse clubs – securing an expanded
presence at Costco can significantly enhance our brand awareness
and meaningfully drive sales. We have been active in the greater
Dallas region, where our U.S. operations are headquartered, and now
plan to expand to Costco online in 1Q 2021. This will put us in
front of an estimated 40 million members with new promotional
opportunities to help drive sales of our smart pet product line. We
are also on track to expand our in-store special events to two
additional warehouse clubs in December, with a goal of expanding
into more warehouse clubs in the first half of 2021. We have a
unique position as one of, if not the only, smart pet product lines
being made available to Costco’s members, which is a testament to
the high-quality, innovative and durable pet products Dogness is
known for.”
About Dogness
Dogness (International) Corporation was born in
2003 from the belief that pet dogs and cats are important,
well-loved family members. Through its smart products, hygiene
products, health and wellness products, and leash products, Dogness
is able to simplify pet lifestyles, make them more scientific, and
enhance the relationship between pets and pet caregivers. The
Company ensures industry-leading quality through its fully
integrated vertical supply chain and world-class research and
development capabilities, which has resulted in over 200 patents
and patents pending. Dogness products reach families worldwide
through global chain stores and distributors. For more information,
please visit: ir.dogness.com.
Forward Looking Statements
No statement made in this press release should
be interpreted as an offer to purchase or sell any security. Such
an offer can only be made in accordance with the Securities Act of
1933, as amended, and applicable state securities laws. Certain
statements in this press release concerning our future growth
prospects are forward-looking statements regarding our future
business expectations intended to qualify for the “safe harbor”
under the Private Securities Litigation Reform Act of 1995, which
involve a number of risks and uncertainties that could cause actual
results to differ materially from those in such forward-looking
statements. The risks and uncertainties relating to these
statements include, but are not limited to, risks and uncertainties
regarding our ability to raise capital on any particular terms,
fluctuations in earnings, fluctuations in foreign exchange rates,
our ability to manage growth, our ability to realize revenue from
expanded operation and acquired assets in China and the U.S., our
ability to attract and retain highly skilled professionals, client
concentration, industry segment concentration, reduced demand for
technology in our key focus areas, our ability to successfully
complete and integrate potential acquisitions, and unauthorized use
of our intellectual property and general economic conditions
affecting our industry. Additional risks that could affect our
future operating results are more fully described in our United
States Securities and Exchange Commission filings. These filings
are available at www.sec.gov. Dogness may, from time to time, make
additional written and oral forward-looking statements, including
statements contained in the Company's filings with the Securities
and Exchange Commission and our reports to shareholders. In
addition, please note that any forward-looking statements contained
herein are based on assumptions that we believe to be reasonable as
of the date of this press release. The Company does not undertake
to update any forward-looking statements that may be made from time
to time by or on behalf of the Company unless it is required by
law.
For more information, please contact Investor
Relations:Global IR PartnersDavid Pasquale New York Office
Phone: +1-914-337-8801 DOGZ@globalirpartners.com
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