OurPet's Company OPCO Archives - Page 2 of 2

WednesdayNov 04, 2015 10:28 am

OurPet’s Company (OPCO) Continues its Mission to Teach New Pets Old Tricks

Ever wonder why domesticated animals seem less fierce than their wild counterparts? Dr. Steve Tsengas, the president and CEO of OurPet’s Company (OTCQX: OPCO), says that because our beloved cats and dogs do not experience the harshness of nature with the threat of bigger predators, they remain about 30% smaller than their cousins. They basically stay young forever as immature teenagers; complete with total dependence on their parents and occasional outbursts. With this in mind, OurPet’s commits to developing and marketing inventive products designed to “awaken a pet’s natural instincts” while nurturing a relationship between pet and owner. For dogs,…

MondayNov 02, 2015 5:35 pm

Strong Q3 Performance Validates OurPet’s Company’s (OPCO) Innovation-Driven Approach to Pet Products Industry

OurPet’s Company created quite the stir this morning when the company reported a triple-digit increase in quarterly net income on an impressive hike in revenues. While the company primarily attributes the growth to stronger domestic and international sales partnerships, one can’t ignore innovation as a considerable catalyst. In recent years, the nation’s overall $73 billion pet products industry has enjoyed robust growth driven by increasing e-commerce purchases and an uptick in dog and cat ownership. The market is currently dominated by PetSmart, Inc. (NASDAQ: PETM) (nearly 39%), which tallied full-year 2014 revenues of $1.9 billion, and Petco (roughly 19%), which…

MondayNov 02, 2015 11:16 am

OurPet’s Company (OPCO) Announces 428% Increase in Q3 Profits with Record Revenue

Today before the opening bell, OurPet's Company reported record third-quarter revenue of $5.99 million, an increase of 7% from $5.60 million in revenues for the same three-month period a year earlier. Net income for the quarter increased 428% to $410,450, or $0.02 diluted earnings per share, compared to $77,751, or $0.00, for the year prior. Dr. Steven Tsengas, President and CEO, stated, "We are pleased with our results for the third quarter in which we achieved record net revenue, gross margins improving to 34%, and net income from operations of almost 11% of sales. We continue to see strong sales…

ThursdayOct 29, 2015 11:35 am

OurPet’s Company (OPCO) Executives Conduct Exclusive Interview with MissionIR

MissionIR recently announced the online availability of its interview with OurPet's Company (OTCQX: OPCO) co-founder and Chief Executive Officer Dr. Steven Tsengas, Chief Financial Officer Scott Mendes, as well as Dean Tsengas, co-founder, Vice President and general manager. The full audio interview is available at http://OPCO.MissionIR.com/interview.html. OurPet's develops, produces and markets various innovative pet accessory and consumable products. The company has 160 patents/patents pending, which facilitate its entrance into major national retailers. The OurPet's interview starts off with a brief history of the company's official launch 20 years ago. "OurPet's represented a dream that we had, to have a proprietary…

MondayOct 26, 2015 1:09 pm

OurPet’s Company (OPCO) Continues to Grow Presence in the Pet Products Marketplace by Introducing New Products

OurPet’s Company develops, produces and markets various accessories and consumable pet products designed to awaken pets’ natural instincts. Sold globally, the company’s products are marketed under the brand names – OurPets® for the Pet Specialty channel, Pet Zone® for food, drug and mass chains and Petastic® for the value channel. The Company’s sub-brands Play-N-Squeak™, Cosmic Catnip™, Go! Cat! Go!®, Durapet ™, SmartScoop™ and Flappy™ have become well known in the pet industry.In total, OurPet’s has an intellectual property portfolio featuring more than 160 individual patents, giving the company sustainable access to the pet products industry for the foreseeable future. In…

MondayOct 19, 2015 12:55 pm

OurPet’s Company (OPCO) Hailed as the Last Pure Play in the Pet Industry by Seeking Alpha

OurPet’s Company was recently highlighted in an article by investment research platform Seeking Alpha. The overview studied the company’s position in the rapidly expanding pet market, as well as its prospects for sustainable growth in the future. OPCO has had great success in recent years focusing on products designed to satisfy the mental and physical health, safety and comfort of pets around the world. The company has established strong sales channels through which to promote additional growth. OPCO sells its products through some of the biggest retail names in the world – including pet specialty retailers such as Petco and…

WednesdayOct 14, 2015 4:33 pm

OurPet’s Company (OPCO) Continues its Rise to Prominence

A recent report from one of the leading market research firms today, Packaged Facts – which has been at the forefront of consumer packaged goods, food and beverage, as well as demographic sector analysis now for over five decades – clearly indicates the strength of the U.S. pet products and services market, which did sales last year of around $73 billion. This is a huge pie for any company to carve into and grab a slice. The report’s trend lines show increased pet ownership rates, higher ecommerce spending on pets, and a population of pets that are living longer, just…

WednesdayOct 07, 2015 2:57 pm

OurPet’s Company (OPCO) Reroutes Communication Plan to Maximize Outreach, Better Utilize Funds

OurPet's Company designs, produces and markets a broad line of innovative pet products and accessories under the OurPets and Pet Zone brands, sold in leading pet specialty retailers, food, drug and mass merchandisers, direct-mail catalog and Internet retailers. The company’s extensive product line is built on its intellectual property portfolio of more than 160 patents in either issued or pending status. Coinciding with corporate growth among its target markets, OurPet’s yesterday announced a new strategy to more efficiently utilize corporate resources. Moving forward, OurPet's says it will no longer conduct quarterly earnings teleconferences, and instead is ramping up its online…

TuesdaySep 22, 2015 4:00 pm

OurPet’s Company (OPCO) is “One to Watch”

A recent report out from one of the leading market research firms today, Packaged Facts - which has been at the forefront of consumer packaged goods, food and beverage, as well as demographic sector analysis now for over five decades - clearly indicates the strength of the U.S. pet products and services market, which did sales last year of around $73 billion. This is a huge pie for any company to carve a slice off of. The report’s trend lines show increased pet ownership rates, as well as increased ecommerce spending on pets, and a population of pets that are…

FridayJul 31, 2015 2:47 pm

OurPet’s Company (OPCO) Expanding Presence in Pet Products and Services Market with Formidable Intellectual Property Portfolio

OurPet’s Company (OTCQX: OPCO) develops, produces and markets various accessory and consumable pet products designed to awaken pets’ natural instincts. Sold exclusively through pet specialty retailers, the company’s products are marketed under a collection of industry-leading brand names – including OurPets®, Pet Zone®, Play-N-Squeak™, Cosmic Catnip™, Go! Cat! Go!® and Clipnosis. In total, OurPet’s has an intellectual property portfolio featuring more than 225 individual patents, giving the company sustainable access to the pet products industry for the foreseeable future. In recent years, the U.S. pet products and services market has experienced strong growth, with total sales accounting for approximately $73…

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