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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Dogness (International)
Dogness (International) (DOGZ) investor relations material
Dogness (International) Q4 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2026 earnings summary1 Oct, 2026
Executive summary
Revenue declined 23.3% year-over-year to $15.9 million in FY2026, driven by lower sales of intelligent pet products and climbing hooks, partially offset by growth in traditional pet products.
Net loss widened significantly to $27.6 million from $5.1 million in FY2025, mainly due to large impairment charges on investments, property, plant, and equipment.
Gross margin fell to 16.0% from 24.3% in FY2025, reflecting a shift in sales mix and lower average selling prices.
The company recorded $14.0 million in impairment losses on long-term investments and $6.5 million on property, plant, and equipment and intangible assets.
Financial highlights
Revenue: $15.9M (down 23.3% YoY); gross profit: $2.5M (down 49.3% YoY); net loss: $27.6M (vs. $5.1M loss prior year).
Gross margin: 16.0% (down from 24.3% YoY).
Operating expenses: $31.4M (up 165.3% YoY), including $13.97M impairment on investments and $5.3M impairment on property, plant, and equipment.
Cash and equivalents: $4.5M as of June 30, 2026 (down from $12.8M prior year).
Working capital: $0.9M as of June 30, 2026.
Outlook and guidance
Management expects continued pressure from US-China trade tensions and weak export demand.
Focus is on developing new customers, expanding online channels, and launching new intelligent pet products.
Cost-saving measures and production efficiency improvements are being implemented to support margins.
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Latest events from Dogness (International)
- Revenue fell 15.6% but net loss narrowed 18.8% as cost controls improved margins.DOGZ
H2 2024 - Pet tech firm seeks to raise up to $300M amid complex China-U.S. regulatory risks.DOGZRegistration Filing
- Resale of 2,000,000 shares by existing holders amid regulatory and financial headwinds.DOGZRegistration Filing
- Resale registration of 2,000,000 shares; no proceeds to issuer; high China regulatory risk.DOGZRegistration Filing
- Resale of 750,000 shares from a strategic acquisition, with high China regulatory and governance risks.DOGZRegistration Filing
- Resale of 1,200,000 shares registered amid regulatory and operational risks in China.DOGZRegistration Filing
- $19M in DOGZ shares and warrants issued for 19.5% of a Chinese tech firm in an offshore deal.DOGZRegistration Filing
- Revenue up 39.5% to $20.7M, net loss narrowed, and gross margin improved to 24.3%.DOGZH2 2025
- Revenue up 81%, gross margin up, and net loss down 43% on strong global demand.DOGZH1 2025
Next Dogness (International) earnings date
Q1 202729 Dec, 2026
Dogness (International)
Next Dogness (International) earnings date
Q1 202729 Dec, 2026
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Frequently asked questions
Dogness (International) Corporation designs and manufactures pet products, primarily focusing on smart pet technology, traditional pet products, and pet care services. The company offers a range of items, including smart collars, leashes, harnesses, and feeders that incorporate advanced technology for pet safety and well-being. In addition to these high-tech products, Dogness also produces traditional pet accessories and care items such as grooming tools and cleaning products. The company serves a global market, catering to pet owners seeking both functional and innovative solutions for pet care. The company is headquartered in Dongguan, China, and its shares are listed on the NASDAQ.