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Top Pet Goods Retailer to Expand Availability of Dogness Smart Pet Products in Stores and Online

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Dogness (International) Corporation (NASDAQ: DOGZ) announced an expansion of its Smart Pet Products at a top pet retailer, enhancing its existing supplier relationship. CEO Silong Chen expressed optimism for 2022, highlighting the company's strong performance in the intelligent pet-tech and traditional pet categories. Dogness maintains a diversified sales platform with major customers including Petco, Walmart, and Amazon. The company is recognized for its quality through a fully integrated supply chain and extensive R&D, holding over 200 patents.

Positive
  • Expansion of availability of Dogness Smart Pet Products at a top pet retailer.
  • Strong performance in intelligent pet-tech and traditional pet categories.
  • Diverse sales channels including major retailers and online platforms.
  • Recognition for quality through an integrated supply chain and extensive R&D.
Negative
  • Risks related to the lingering effects of the Covid-19 pandemic.
  • Concerns about customer disposable income affecting sales.
  • Potential fluctuations in foreign exchange rates impacting revenue.

PLANO, Texas, Jan. 5, 2022 /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 a top pet goods retailer will be expanding availability of Dogness Smart Pet Products in stores and online, building on Dogness' existing supplier relationship.

Silong Chen, Chairman and Chief Executive Officer of Dogness, commented, "We are happy to be further expanding our presence both in stores and online at one of the world's top pet retailers. With its trusted brand, this is another ideal platform to showcase our products to the customers we want to reach. Our team continues to do an excellent job developing sought after products in the intelligent pet-tech category and the traditional pet category. This is helping us drive growth and build positive word of mouth from consumers, as they see their pets enjoy and benefit from our feeders, treaters, fountains and broader smart product line. We are starting 2022 off on a positive note and are very positive in our outlook for the New Year based on the health of the broader industry and our competitive advantages."

Dogness has built an integrated sales platform across all channels, with major customers including, Petco, PetSmart, Costco Wholesale Corporation, Sam's Club, Walmart, Target, QVC®, Pet Value, Pets at Home, PETZL, Petmate, Trendspark, Anyi Trading, IKEA, SimplyShe, and online shopping platforms, such as Amazon, Chewy.com, Boqii Holding Limited, Target.com, HomeDepot.com, Loews.com, Wayfair.com, JD, Tmall and Taobao, as well as live streaming sales platforms hosted by influencers.

Logo (PRNewsfoto/Dogness International Corporation)

About Dogness

Dogness (International) Corporation was founded in 2003 from the belief that dogs and cats are important, well-loved family members. Through its smart products, hygiene products, health and wellness products, and leash products, Dogness' technology simplifies pet lifestyles and enhances 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.

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SOURCE Dogness International Corporation

FAQ

What recent announcement did Dogness (DOGZ) make regarding its products?

Dogness announced the expansion of its Smart Pet Products at a leading pet retailer, enhancing its current supplier relationship.

What is the outlook for Dogness (DOGZ) in 2022?

Dogness has a positive outlook for 2022, driven by their performance in the intelligent pet-tech category and product demand.

Who is the CEO of Dogness (DOGZ) and what did he say about the company’s growth?

CEO Silong Chen expressed optimism about the company's growth and success in both stores and online markets.

What are the risks mentioned in Dogness's press release?

The risks include the lingering effects of the Covid-19 pandemic, fluctuations in earnings, and foreign exchange rate impacts.

Which retailers are major customers for Dogness (DOGZ) products?

Major customers include Petco, PetSmart, Costco, Walmart, and various online platforms like Amazon and Chewy.

Dogness (International) Corporation

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