ADM Endeavors, Inc. (OTCQB: ADMQ) Announces Over 53% Increase in Revenue

Rhea-AI Summary

ADM Endeavors, Inc. (OTCQB: ADMQ) reported a significant 53% increase in total revenue for its subsidiary, Just Right Products, comparing April and May 2021 to the same period in 2020.

Notably, the school uniform segment saw a remarkable 198% boost in sales during this time frame. Marc Johnson expressed pride in the company's growth and aims to maintain this upward trend. Since 2010, Just Right Products has consistently increased sales, reaching over $5.1 million in 2020.

Positive

• 53% increase in total revenue for Just Right Products compared to April and May 2020.
• School uniform segment saw a 198% increase in sales in the same period.

Negative

• None.

ADM Endeavors, Inc. (OTCQB: ADMQ), announced today a 53% increase in total revenue for its wholly owned subsidiary, Just Right Products, Inc. The increase was based on comparing sales for April and May of 2021 to sales from the same period in 2020.

ADMQ Revenue (Photo: Business Wire)

The school uniform segment also increased and showed signs of a strong rebound with a 198% increase for April and May of 2021 compared with the same period in 2020. These numbers have not been reviewed by our third-party audit team. Marc Johnson said, “These are great numbers for our team. I am very proud of our growth and will strive to keep this trend going in the future.”

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.uscbdlogo.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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210602005336/en/

FAQ

What was the revenue growth percentage for ADMQ's subsidiary in April and May 2021?

ADMQ reported a 53% increase in total revenue for its subsidiary, Just Right Products, comparing to the same period in 2020.

How much did the school uniform segment revenue increase for ADMQ in April and May 2021?

The school uniform segment reported a 198% increase in sales for April and May 2021 compared to the same period in 2020.

What were the total sales figures for Just Right Products in 2020?

Just Right Products achieved sales of over $5.1 million in 2020.