Dogness Stock Price, News & Analysis

Dogness (International) Corporation (NASDAQ: DOGZ) reported a remarkable 24-fold increase in its e-commerce sales in China for 2020, primarily driven by its expanded line of smart pet products. The company's online sales surged approximately 2,400%, significantly outperforming the 2% overall growth in China's urban pet market. CEO Silong Chen highlighted their commitment to research and development, introducing innovative products like the Dogness Smart GPS Pet Tracker. To support ongoing growth, Dogness plans to enhance production and logistics automation while optimizing order fulfillment capabilities.

Dogness (International) Corporation (NASDAQ: DOGZ) announced its Annual Meeting of Shareholders scheduled for May 18, 2021, at 9:00 a.m. China Time (9:00 p.m. Eastern Time on May 17, 2021). Shareholders on record as of the close of business on April 9, 2021 are eligible to vote. The meeting will take place at Conference Room 1A, Dongguan, Guangdong, China, with online access available. Further details and meeting materials will be accessible on the Company's investor relations website.

Dogness (International) Corporation (NASDAQ: DOGZ) has launched its innovative Smart GPS Pet Tracker, promising real-time tracking with pinpoint accuracy. The device features a built-in 4G SIM card, wireless charging capabilities, and a robust battery lasting over a week per charge. Set to be available in Q2 2021, the tracker provides pet parents with activity management tools and alerts for pet movements outside a user-defined area. Dogness emphasizes its commitment to innovation and safety in pet care with this product.

Dogness (International) Corporation (NASDAQ: DOGZ) announced that its operations in Plano, Texas, remain stable despite recent severe winter storms and power outages in the area. The company confirmed that its distribution facility was not significantly impacted and customer orders are being fulfilled with only minor logistics delays. The CEO praised the proactive inventory strategy implemented last fall, ensuring the company can meet increased customer demand. Dogness focuses on enhancing pet lifestyles through quality products backed by a robust supply chain and R&D capabilities.

Dogness (International) Corporation (NASDAQ: DOGZ) is encouraging pet parents to show extra affection to their pets this Valentine's Day. The company emphasizes special activities, healthy treats, and vet check-ups to enhance pet well-being. Dogness showcases top-selling products such as the Smart Cam iPet Robot, programmable automatic feeders, smart water fountains, and smart retractable leashes. These innovative products aim to foster stronger bonds between pets and their owners. Available through various retail and online platforms, Dogness continues to prioritize quality and innovation in the pet product market.

Dogness (International) Corporation (NASDAQ: DOGZ) announced the closure of an offering with institutional investors, raising approximately $7.4 million by selling 3,455,130 common shares at $2.15 per share. Along with common shares, the Company issued Class A warrants to purchase 1,727,565 shares at $2.70 each. The funds will be used for working capital and to enhance its pet product offerings. FT Global Capital served as the placement agent. The offering was registered with the SEC through a shelf registration statement.

Dogness (International) Corporation (NASDAQ: DOGZ) has announced a registered direct placement of $7.4 million in common shares at $2.15 per share. The offering includes 3,455,130 common shares and Class A warrants for 1,727,565 common shares. Additional warrants for 276,410 shares will be issued to the placement agent. Net proceeds will support general working capital needs, with closing expected around January 20, 2021.

FT Global Capital acted as the exclusive placement agent.

Dogness International Corporation (NASDAQ: DOGZ) has received orders for over 4,000 units of its 2L programmable automatic dog and cat feeders from Petco, following a successful test program. These feeders are designed with user-friendly features, including a patented anti-jamming mechanism and a backup battery. CEO Silong Chen expressed confidence in the expanded partnership with Petco, which highlights customer demand for their products. This development may enhance Dogness's visibility in the competitive pet product market.