ADM Endeavors, Inc. (OTCQB:ADMQ) Announces Anticipated Sales Increase of More Than 30 Percent in The First Quarter of 2021

Rhea-AI Summary

ADM Endeavors, Inc. (OTCQB: ADMQ) anticipates a sales increase of over 30% in Q1 2021 compared to Q1 2020, driven by new customers and improved sales through YouTubers. The figures are preliminary and pending audit review. CEO Marc Johnson highlighted reduced COVID-19 impacts on sales from school uniforms and restaurants. A 10-Q report will be filed with the SEC for verification of these financial results. In 2020, sales reached $5.1 million, showcasing the growth of its subsidiary, Just Right Products, which offers a variety of customizable merchandise.

Positive

• Projected sales increase of over 30% in Q1 2021 compared to Q1 2020.
• Successful acquisition of new customers and enhanced sales through YouTube partnerships.
• Sales in 2020 exceeded $5.1 million, indicating strong growth.

Negative

• None.

FORT WORTH, TX, April 08, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- ADM Endeavors, Inc. (OTCQB: ADMQ) is pleased to announce that its sales from its wholly owned subsidiary, Just Right Products, Inc., in the first quarter of 2021 is anticipated to increase by more than 30% compared to revenue for the same quarter in 2020. The 2021 numbers are based on preliminary operational results that have not yet been reviewed by the Company’s auditors.

“I am very pleased to let our investors know that this growth was the result of added new customers, sales growth with our YouTubers, and a reduction of the COVID-19 effect on our school uniform and restaurant sales. We hope the trend continues and we have not seen any recent decrease in growth,” said Marc Johnson, CEO of ADM Endeavors.

A Quarterly Report on Form 10-Q for 2021 will be filed with the U.S. Securities and Exchange Commission for first quarter 2021 financial results. ADM Endeavors, Inc. SEC filings are available at www.sec.gov.

About ADMQ: Since 2010, our wholly owned subsidiary, Just Right Products, Inc., has been consistently increasing sales, with sales topping $5.1 million in 2020. The Company sells “Anything With A Logo” on its website, www.JustRightProducts.com, developing products ranging from unique business cards to coffee cups, T-shirts to boots, with tens of thousands of other unique products from which to select. Just Right Products, Inc. operates a diverse vertical integrated business in the Dallas/Fort Worth area, consisting of a retail sales division, screen print production, embroidery production, digital production, import wholesale sourcing, and uniforms.

·      www.admendeavors.com

·      www.fwpromo.com

·      www.justrightproducts.com

·      www.facebook.com/groups/admqshareholders

·      https://fortworth.academicoutfitters.com/

Forward Looking Statement:

This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Any statements that are not historical facts contained in this press release are "forward-looking statements"that involve a number of risks and uncertainties and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Words such as “strategy,” “expects,” “continues,” “plans,” “anticipates,” “believes,” “would,” “will,” “estimates,” “intends,” “projects,” “goals,” “targets” and other words of similar meaning are intended to identify forward-looking statements but are not the exclusive means of identifying these statements. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of global economic conditions or economic conditions with respect to the retail industry, the COVID-19 pandemic, the performance of management, actions of government regulators, vendors, and suppliers, our cash flows and ability to obtain financing, competition, general economic conditions and other factors that are detailed in our filings with the Securities and Exchange Commission. We intend that all forward-looking statements be subject to the safe-harbor provisions. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact: ADM Endeavors, Inc.

Paul Knopick | pknopick@eandecommunications.com| 940.262.3584

Attachment

• ADMQ-10Q

FAQ

What is the anticipated sales growth for ADM Endeavors (ADMQ) in Q1 2021?

ADM Endeavors expects sales to increase by over 30% in Q1 2021 compared to Q1 2020.

What factors contributed to the growth of ADMQ's sales?

The growth is attributed to new customer acquisition and increased sales with YouTubers, along with reduced COVID-19 impacts.

When will ADM Endeavors file its financial results?

A Quarterly Report on Form 10-Q for Q1 2021 will be filed with the SEC.

How much did ADM Endeavors sell in 2020?

In 2020, ADM Endeavors reported sales exceeding $5.1 million.