DOGZ

Dogness (International) Corporation Class A Common Stock NASDAQ Global Market
$2.1
Open: $2.02 High: $2.22 Low: $1.96 Close: $2.081
Range: 2021-06-23 - 2021-06-24
Volume: 872,325
Market: Open
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DOGZ
Dogness (International) Corporation Class A Common Stock Tongsha New Industrial Estate Dongguan City , 523217 http://www.dognesspet.com
Dogness (International) Corp designs, manufactures and distributes pet-related products. The company offers its products to major retail stores and wholesalers around the world.
  • CEO: Silong Chen
  • Employees: 371
  • Sector: Consumer Defensive
  • Industry: Consumer Packaged Goods
DOGZ News
Latest news about the DOGZ
  • Major Retailer to Purchase Dogness Smart CAM Treaters Valued at Approximately $1 Million

    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 a major retailer plans to purchase the Company's Smart CAM Treaters. With close to 600 locations, the customer is one of the most prominent retailers in the U.S. Dogness expects the initial order to be valued at approximately $1 million.

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  • Argus Updates Equity Research Report Coverage of Dogness (International) Corp. (DOGZ)

    Argus Research, an independent investment research firm, continues its Equity Research Report coverage on Dogness (International) Corporation (NasdaqGM: DOGZ).

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  • Dogness Expands at Petco; Delivers More than 3,000 Programmable Automatic Dog/Cat Feeders

    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 has delivered more than 3,000 of its 2L programmable automatic dog and cat feeders in June, with delivery of approximately another 1,000 units expected over the next two weeks.

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  • Costco to Feature Dogness Smart Pet Products in New Stores

    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 Costco Wholesale Corporation ("Costco") will feature Dogness in its new Little Rock, AR and Moore, OK stores, with a larger scale rollout planned for October to prepare for the 2021 holiday season. The new stores, opening next month, will feature Dogness smart pet products including its Smart

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  • Reflecting on Dogness (International)'s (NASDAQ:DOGZ) Share Price Returns Over The Last Three Years

    Dogness (International) Corporation ( NASDAQ:DOGZ ) shareholders should be happy to see the share price up 24% in the...

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  • Dogness Reports First Half Fiscal Year 2021 Financial Results

    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 its unaudited financial results for the six months ended December 31, 2020.

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  • Dogness Receives Large Follow-on Order from Petco

    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 received a large follow-on order from Petco, expanding availability of the Company's 6L programmable automatic dog/cat feeders across Petco's 1,600 retail stores. The highly rated, large capacity, automatic food dispenser features a customizable feeding schedule, portion control, voice recordings and a patented anti-jamming mechanism.

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  • Dogness Secures Over RMB 2 Million in New Orders and Wins Two Gold Awards at Shenzhen Pet Supplies Exposition

    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 the company secured over RMB 2 million in new orders and received two prestigious gold awards for Quality Ingenuity and Brand Quality at the 7th China (Shenzhen) International Pet Supplies Exhibition trade show. As one of the world's largest pet industry events, the four-day Shenzhen Pet Expo in April 2021 attracted more than an estimated 100,000 attendees to the Shenzhen Convention and Exhibition Center.

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  • Dogness Reports 24X Surge in China e-Commerce Sales; Led by Expanded Smart Pet Product Line

    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 reported its e-commerce sales in China increased 24 times for calendar year 2020, as compared to calendar year 2019, led by the Company's expanded smart pet product line.

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  • Dogness Schedules Annual Shareholders Meeting

    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 will hold its Annual Meeting of Shareholders on May 18, 2021, at 9:00 a.m. China Time (9:00 p.m. Eastern Time on May 17, 2021). Shareholders of record as of the close of business on April 9, 2021 will be entitled to vote at the meeting or by proxy.

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  • Dogness Launches State-of-the-Art Smart GPS Pet Tracker

    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 the launch of the latest Dogness Smart GPS Pet Tracker, the next generation of smart pet tracking, boasting real-time positioning with pinpoint accuracy. Dogness anticipates initial delivery in the second quarter of 2021.

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  • ALERT: Dogness Confirms No Material Impact Expected From Texas Storm and Power Outages; Continues to Meet Higher Customer Order Level

    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 confirmed it does not currently expect a material impact from this week's winter storm and resulting power outages across Texas.

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  • Dogness Urges Pet Parents to Show Extra Love this Valentine's Day

    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, is urging pet parents to show extra love to their beloved pets this Valentine's Day.

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  • Dogness Closes $7.4 Million Offering

    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 that it closed a previously announced offering with institutional investors, raising approximately $7.4 million in gross proceeds from the sale of 3,455,130 common shares at a price of $2.15 and Class A warrants to purchase an aggregate of 1,727,565 common shares, before deducting placement agent fees and other standard offering expenses. The Company also issued a warrant to purchase 276,410 common shares to the placement agent. The Class A and placement agent warrants are exercisable at $2.70 per share. The Company plans to use the net proceeds from the offering for working capital and general business purposes, as it continues to focus on the growth of its business enhancing pet lifestyles through an expanding portfolio of traditional and smart tech products.

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  • Dogness (International) Corporation Announces Entry into Agreement for Registered Direct Placement of $7.4 Million Common Shares and Warrants

    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 that it has entered into a securities purchase agreement with certain institutional investors for a registered direct placement of $7.4 million of common shares at a price of $2.15 per share. The Company will issue an aggregate of 3,455,130 common shares and Class A warrants to purchase an aggregate of 1,727,565 common shares to the investors. The Company will also issue a warrant to purchase 276,410 common shares to the placement agent. The Class A and placement agent warrants are exercisable at $2.70 per share. The aggregate gross proceeds from the sale of the securities, before deducting fees payable to the Placement Agent and other estimated offering expenses payable by the Company will be approximately $7.4 million.

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  • Update: Dogness 2L Programmable Automatic Dog & Cat Feeders Going to 1,600 Petco Retail Stores

    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 received formal initial orders for more than 4,000 units of its 2L programmable automatic dog and cat feeders from Petco, which operates 1,600 retail stores across the U.S. This order follows the successful fulfillment of Petco's previous test program orders. Dogness announced the planned expansion of sales activities at Petco on November 24, 2020.

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  • Dogness Reports Strong Holiday Sales; Expects Continued Customer Demand

    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.

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  • Dogness Appoints New National Sales Director

    Andy Alfaro Brings Over 30 Years of Experience to Strengthen Dogness’ Sales Capabilities and ReachPLANO, Texas, Dec. 17, 2020 (GLOBE NEWSWIRE) -- 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 the appointment of Andy Alfaro as a national sales director. Mr. Alfaro brings over thirty years of experience in sales to Dogness. Mr. Alfaro is an accomplished, results-driven sales professional within the Consumer Electronics and Consumer Products product channels. His proven success managing national and regional retail, wholesale and E-Commerce accounts includes Best Buy, Amazon, Wal-Mart, Sam’s Club, JCPenney, Shop HQ, Michaels, Home Depot, 7-11, Synnex, Superior and Petra.Silong Chen, Chairman and Chief Executive Officer of Dogness, commented, “Andy brings decades of experience in retail and wholesale channel sales, with an impressive track record across all sales cycle phases. He is another solid addition to our team as we invest in our innovation, marketing and sales. We are focused on executing our growth strategy and accelerating our business, as we enrich pet lifestyles and pet ownership.”  Andy Alfaro, Dogness National Sales Director, said, “I am excited to join Dogness and leverage my extensive sales experience, relationships and channel insight. There is a heightened interest in technologies and the next generation of innovative pet products. Dogness is positioned to directly benefit given its attractive product line, pet-tech leadership, strong existing customer relationships and product road map. I am thrilled to be part of the team that is fundamentally improving the way owners care for and interact with their beloved pets.”  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, 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.For more information, please contact Investor Relations: Global IR Partners David Pasquale New York Office Phone: +1-914-337-8801 DOGZ@globalirpartners.com

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  • Argus Updates Equity Research Report Coverage of Dogness (International) Corp. (DOGZ); Sees $4 Fair Value Estimate for DOGZ Shares (NasdaqGM: DOGZ)

    NEW YORK, Dec. 16, 2020 (GLOBE NEWSWIRE) -- Argus Research, an independent investment research firm, continues its Equity Research Report coverage on Dogness (International) Corporation (NasdaqGM: DOGZ) Click here to view Full Argus ReportHighlights, as conveyed by Argus Analyst Steve Silver, include:COMPANY HIGHLIGHTSDOGZ: A leading developer, manufacturer and distributor of Dogness-branded, OEM and private label pet products, with a track record of innovation in the smart tech segment. * In our view, Dogness has continued to execute despite a challenging fiscal 2020, and is well positioned to return to profitability in fiscal 2021. We expect favorable pet market trends, accelerated by people spending more time at home as a result of COVID-19, to continue in fiscal 2021, with an abatement of headwinds, including a trade dispute between China and the United States, which has resulted in higher export tariffs and reduced sales in the United States. * During the first half of fiscal 2021, Dogness has leveraged its sales, marketing and distribution relationships with leading specialty, brick & mortar, mass market and online/e-commerce companies. These include Petco, Chewy, Amazon, Walmart, Costco, Target, Sam’s Club, Wayfair, and JD.com, among others. * The Company also opened a new manufacturing factory in China, integrating key operating and management functions, along with implementing the latest in technology developments. * In aggregate, this should help Dogness to enhance its long-term sales and gross-margin profile. Indeed, we expect Dogness to continue its evolution into a higher-margin technology-focused pet product company with a diversified global footprint, and to capitalize on favorable long-term global trends in the pet care industry. * Sales of the smart pet product line, which launched in calendar 2018 and includes connected collars, harnesses, feeders, and play robots, totaled $4.3 million in fiscal 2020, more than double prior-year results. The unit accounted for 22.6% of total sales during fiscal 2020, compared with just 8% in fiscal 2019. * As of June 30, 2020, Dogness had approximately $4.8 million in cash and short-term investments on its balance sheet. We anticipate Dogness will return to positive operational cash flow during fiscal 2021, but think the company could raise capital during the year on more favorable terms, as its recovery takes hold. * DOGZ shares are trading at roughly 9-times our EPS estimate of $0.23 for fiscal 2022. In our view, the current valuation does not reflect Dogness’ recent initiatives to help drive enhanced revenue and margin expansion, and the significant accelerated growth of the pet market due to COVID-19. We view the shares as having upside and, based on our forward P/E analysis, a fair value of $4.00. INVESTMENT THESIS (click here to view full Argus Equity Research Report & Investment Thesis)About Dogness (International) Corporation (NasdaqGM: DOGZ) www.dognesspet.com or ir.dogness.comDogness (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.DOGZ Contacts:Investor Relations contact:David Pasquale Global IR Partners dpasquale@globalirpartners.com Office:  + 1-914-337-8801About Argus Research Corp.Headquartered in NYC, Argus Research (www.argusresearch.com) is a leading independent equity research firm (est. 1934) ̶ providing fundamental and quantitative research coverage on more than 1,500 companies across all 11 sectors of the S&P 500, as well as macroeconomic and equity market forecasts, thematic research, model portfolios and pre-IPO research. In addition, Argus has recently committed to providing a sponsored research solution for small & mid-cap companies seeking coverage. Our Asset Management, Bank Trust, sell-side advisor and self-directed investor clients value Argus’s proprietary equity research methodology, analysis and commentary.  Argus’s Equity Research/earnings estimates are available on major research / earnings estimate aggregator platforms, including Bloomberg, Thomson Reuters, Factset and S&P Global. For more Information re: Argus Research Services please contact:Darrell Stone 646-747-5438 dstone@argusresearch.comArgus Research Co. has received a flat fee from the company discussed in this report as part of a Sponsored Research agreement between Argus and the company. No part of Argus Research’s compensation is directly or indirectly related to the content of this assessment or to other opinions expressed in this report. Please refer to the full Argus report and the disclaimer for complete disclosures.

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  • Dogness Announces OEM Order from International Pet Specialty Retailer

    DONGGUAN, China, Dec. 07, 2020 (GLOBE NEWSWIRE) -- 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 OEM order for certain pet products including harnesses and leashes, expected to be valued at $4 million. The customer is one of the world’s largest small format pet specialty retailers, with more than 600 stores around the world. Revenue will be recognized upon shipment, with an initial shipment expected to occur over the next two weeks and the balance shipped during calendar year 2021. The Company anticipates recognizing the majority of sales during the fiscal year ending June 30, 2021.Silong Chen, Chairman and Chief Executive Officer of Dogness, commented, “This is another major win for us and underscores our business momentum, the attractiveness of our broad line of high-quality pet products, and the effectiveness of our sales and marketing teams. We implemented a more aggressive strategy in order to capture a greater share of the opportunities we are seeing. We believe the pet market is in a period of sustained expansion, as we benefit from positive tailwinds from COVID-19 driving increased pet ownership, along with a shift in demographics to owners with higher disposable income that are prioritizing pet ownership and spending on their pets. These trends bode well for our business given our market leadership, commitment to innovation and strong distribution and partner network.”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 lingering effects of the Covid-19 pandemic on our customers’ businesses, 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.For more information, please contact Investor Relations: Global IR Partners David Pasquale New York Office Phone: +1-914-337-8801 DOGZ@globalirpartners.com

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