Financial Press Releases

Reed’s, Inc. Announces Third Quarter 2018 Financial Results

Net sales decline 1% while core brand gross sales increased 3% Gross profit increased 30% with gross margin of 25%, or 29% excluding one-time adjustments  Virgil’ s Zero Sugar sales continue to ramp, adding 1,100 new doors; introduction of Reed’s brand refresh, Zero Sugar offerings and new Can packages has begun NORWALK, Conn., Nov. 13,… Read More →

Reed’s Inc. Announces Release Date of Third Quarter 2018 Financial Results and Webcast

NORWALK, Conn., Oct. 30, 2018 (GLOBE NEWSWIRE) — Reed’s Inc. (NYSE American:REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced that it intends to issue its financial results for the third quarter ended September 30, 2018 after the market close on Tuesday, November 13, 2018. Following the release, members of Reed’s,… Read More →

Reed’s Inc. Announces Completion of Debt Refinancing

Enhances Financial Flexibility Reduces Ongoing Financing Costs NORWALK, Conn., Oct. 09, 2018 (GLOBE NEWSWIRE) —  Reed’s Inc. (NYSE American: REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced that it has successfully refinanced its outstanding facilities. The refinancing, led by Rosenthal & Rosenthal, strengthens the Company’s financial profile, significantly reducing debt… Read More →

Reed’s Inc. to Present at the Sidoti & Company Fall 2018 Conference

LOS ANGELES, Sept. 19, 2018 (GLOBE NEWSWIRE) — Reed’s Inc. (NYSE American:REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced that Val Stalowir, the Company’s Chief Executive Officer, and Iris Snyder, the Company’s Chief Financial Officer, will be presenting and meeting with investors at the Sidoti & Company Fall 2018 Conference,… Read More →

Reed’s, Inc. Announces Second Quarter 2018 Financial Results

Net sales increased 6%; core brand gross sales increased 13% Gross margin expanded 1340 basis points to 32% and gross profit increased 81% Successfully launched Virgil’s Zero Sugar in cans Continued progress on transformation plan LOS ANGELES, Aug. 13, 2018 (GLOBE NEWSWIRE) — Reed’s Inc. (NYSE American:REED), owner of the nation’s leading portfolio of handcrafted,… Read More →

Reed’s Inc. Announces Strategic Changes to Fuel Future Growth

Enhances Corporate Structure and Plans to Open New Corporate Office in Norwalk, CT Appoints Iris Snyder as Chief Financial Officer Appoints Philip Trotman as Director of Marketing Appoints Beth Brown as Director of Supply Chain and Procurement LOS ANGELES, July 31, 2018 (GLOBE NEWSWIRE) — Reed’s Inc. (NYSE American: REED), owner of the nation’s leading… Read More →

Reed’s Inc. Announces Release Date of Second Quarter 2018 Financial Results and Webcast

LOS ANGELES, July 30, 2018 (GLOBE NEWSWIRE) — Reed’s Inc. (NYSE American:REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced that it intends to issue its financial results for the second quarter ended June 30, 2018 after the market close on Monday, August 13, 2018. Following the release, members of Reeds,… Read More →

Reed’s, Inc. Announces First Quarter 2018 Financial Results

First quarter gross profit doubled as gross margin more than doubled to 27.8% Continued progress on Transformation and Value Creation Plan Launch of Virgil’s Zero Sugar line underway, shipping to distributors and retailers LOS ANGELES, May 14, 2018 (GLOBE NEWSWIRE) — Reed’s Inc. (NYSE American:REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages,… Read More →

Reed’s Inc. to Present at the 3rd Annual Disruptive Growth & Healthcare Conference Hosted by RHK Capital and ReedSmith

LOS ANGELES, May 02, 2018 (GLOBE NEWSWIRE) — Reed’s Inc. (NYSE American:REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced that Val Stalowir, the Company’s Chief Executive Officer, will be presenting and meeting with investors at the 3rd Annual Disruptive Growth & Healthcare Conference hosted by RHK Capital and ReedSmith, to… Read More →

Reed’s Inc. Announces Release Date of First Quarter 2018 Financial Results and Conference Call

LOS ANGELES, April 30, 2018 (GLOBE NEWSWIRE) — Reed’s Inc. (NYSE American:REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced that it intends to issue its financial results for the first quarter ended March 31, 2018 after the market close on Monday, May 14, 2018. Following the release, members of Reeds,… Read More →