PLANO, Texas, Jan. 11, 2021 /PRNewswire/ -- 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, today announced it experienced strong 2020 holiday
sales and expects continued demand in 2021.
The Company noted its sleek, easy to use smart pet fountains
were a big hit in the recently ended 2020 holiday season, with high
demand for all three smart filtering fountains, including the Smart
Fountain Mini (1L), Smart Fountain (2L) and Smart Fountain Plus
(3.2L). Other top selling products included Dogness' pet-tech
and smart pet products, including its connected and programmable
feeders, monitors and treaters.
Silong Chen, Chairman and Chief
Executive Officer of Dogness, commented, "We are benefitting from
our team's tireless efforts to expand already close relationships
with key online, warehouse and retail partners, as we bring our
sought after product lines to an even larger customer
audience. This extends from our high-quality, durable line of
retractable pet leashes all the way up to our pet-tech and smart
pet product lines. Investments we made in our infrastructure
and sales team are already paying off, which we fully expect will
continue to gain momentum through 2021. We believe our focus
on product innovation and quality is the right business strategy as
we focus on revenue growth and increased profitability."
"We saw higher demand, along with the broader pet industry,
related to the pandemic as people turned to pet ownership to help
ease anxiety levels and to break the monotony of being shut-in for
so long. We think this increased ownership is a good thing as
more people realize the joy and satisfaction of pet
ownership. If this trend continues, we could see sales in the
January to June 2021 period equalling
or exceeding the recent July to December
2020 holiday period. Longer-term we remain very
optimistic based on our growth strategy, market position and growth
expectations from our customers."
About Dogness
Dogness (International) Corporation was founded 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 lingering
effects of the Covid-19 pandemic on our customers' businesses and
end purchasers' disposable income, our ability to raise capital on
any particular terms, fulfillment of customer orders, 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.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/dogness-reports-strong-holiday-sales-expects-continued-customer-demand-301205007.html
SOURCE Dogness International Corporation