image
Consumer Defensive - Beverages - Non-Alcoholic - NASDAQ - US
$ 1.08
-3.57 %
$ 4.52 M
Market Cap
-0.36
P/E
1. INTRINSIC VALUE

Reed's, Inc. engages in the manufacture and distribution of natural hand-crafted beverages in the craft specialty foods industry in the United States, Canada, Asia, Europe, Australia, and South America. It offers Reed's craft ginger beers; Reed's real ginger ales; Reed's ready to drink products; Virgil's handcrafted sodas; ginger candy; and other ginger beverages under the Reed's brand. Reed's, Inc. sells its products to natural food and gourmet retailers, grocery store chains, mass merchants, club stores, convenience and drug stores, liquor stores, industrial cafeterias, and on-premise bars and restaurants through distributors and independent distributor partners, as well as direct to store distribution.[ Read More ]

The intrinsic value of one REED stock under the base case scenario is HIDDEN Compared to the current market price of 1.08 USD, Reed's, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart REED

image
FINANCIALS
44.7 M REVENUE
-15.70%
-9.42 M OPERATING INCOME
32.71%
-15.5 M NET INCOME
19.23%
-4.27 M OPERATING CASH FLOW
72.36%
-20 K INVESTING CASH FLOW
-900.00%
4.36 M FINANCING CASH FLOW
-72.64%
6.75 M REVENUE
-43.14%
-3.14 M OPERATING INCOME
-369.06%
-3.21 M NET INCOME
-91.99%
-912 K OPERATING CASH FLOW
61.92%
-16 K INVESTING CASH FLOW
11.11%
940 K FINANCING CASH FLOW
-55.74%
Balance Sheet Decomposition Reed's, Inc.
image
Current Assets 17.8 M
Cash & Short-Term Investments 603 K
Receivables 5.05 M
Other Current Assets 12.1 M
Non-Current Assets 1.12 M
Long-Term Investments 0
PP&E 493 K
Other Non-Current Assets 629 K
Current Liabilities 27.2 M
Accounts Payable 9.13 M
Short-Term Debt 16.9 M
Other Current Liabilities 1.15 M
Non-Current Liabilities 10.9 M
Long-Term Debt 10.9 M
Other Non-Current Liabilities 0
EFFICIENCY
Earnings Waterfall Reed's, Inc.
image
Revenue 44.7 M
Cost Of Revenue 35 M
Gross Profit 9.71 M
Operating Expenses 19.1 M
Operating Income -9.42 M
Other Expenses 6.11 M
Net Income -15.5 M
RATIOS
21.72% GROSS MARGIN
21.72%
-21.06% OPERATING MARGIN
-21.06%
-34.72% NET MARGIN
-34.72%
80.93% ROE
80.93%
-82.21% ROA
-82.21%
-112.17% ROIC
-112.17%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Reed's, Inc.
image
Net Income -15.5 M
Depreciation & Amortization 142 K
Capital Expenditures -88 K
Stock-Based Compensation 36 K
Change in Working Capital 3.38 M
Others 9.22 M
Free Cash Flow -4.35 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Reed's, Inc.
image
REED has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Reed's, Inc.
image
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
5.7 M USD 2
0-3 MONTHS
0 USD 0
3-6 MONTHS
413 K USD 4
6-9 MONTHS
19.2 K USD 1
9-12 MONTHS
Date Value Insider Amount Avg Price
2 months ago
Sep 10, 2024
Bought 797 K USD
Union Square Park Capital Management, LLC
10 percent owner
+ 531205
1.5 USD
2 months ago
Sep 10, 2024
Bought 4.9 M USD
DENG Shufen
director, 10 percent owner:
+ 3268795
1.5 USD
1 year ago
May 25, 2023
Bought 3 M USD
DENG Shufen
director, 10 percent owner:
+ 1160542
2.585 USD
1 year ago
May 25, 2023
Bought 580 K USD
DENG Shufen
director, 10 percent owner:
+ 232108
2.5 USD
6 months ago
Apr 29, 2024
Bought 0 USD
Burleson Christopher Scott
CCO
+ 5209
0 USD
6 months ago
Apr 29, 2024
Bought 28.4 K USD
Burleson Christopher Scott
CCO
+ 21818
1.3 USD
6 months ago
Apr 29, 2024
Bought 0 USD
Snyder Norman E. Jr.
CEO
+ 37605
0 USD
6 months ago
Apr 29, 2024
Bought 51.5 K USD
Snyder Norman E. Jr.
CEO
+ 39620
1.3 USD
6 months ago
Apr 29, 2024
Bought 0 USD
Tinnelly Joann Christine
CFO
+ 17334
0 USD
6 months ago
Apr 29, 2024
Bought 33.4 K USD
Tinnelly Joann Christine
CFO
+ 25661
1.3 USD
8 months ago
Mar 07, 2024
Bought 300 K USD
Bello John
CFO
+ 1
300000 USD
11 months ago
Dec 06, 2023
Bought 9.01 K USD
Bello John
director, 10 percent owner:
+ 5000
1.802 USD
11 months ago
Nov 28, 2023
Bought 10.2 K USD
Bello John
director, 10 percent owner:
+ 5000
2.04 USD
1 year ago
May 25, 2023
Bought 500 K USD
Union Square Park Capital Management, LLC
director, 10 percent owner:
+ 193424
2.585 USD
1 year ago
May 25, 2023
Bought 2.5 USD
Union Square Park Capital Management, LLC
director, 10 percent owner:
+ 1
2.5 USD
1 year ago
May 25, 2023
Bought 500 K USD
Bello John
director, 10 percent owner:
+ 193424
2.585 USD
1 year ago
May 25, 2023
Bought 2.5 USD
Bello John
director, 10 percent owner:
+ 1
2.5 USD
1 year ago
Dec 16, 2022
Bought 18.2 K USD
Bello John
Director
+ 250000
0.073 USD
1 year ago
Nov 22, 2022
Bought 26.2 K USD
Bello John
Director
+ 250000
0.1046 USD
2 years ago
Mar 11, 2022
Bought 100 K USD
Snyder Norman E. Jr.
CEO
+ 285550
0.3502 USD
2 years ago
Mar 11, 2022
Bought 0 USD
Snyder Norman E. Jr.
CEO
+ 1
0 USD
2 years ago
Mar 11, 2022
Bought 0.288 USD
Snyder Norman E. Jr.
CEO
+ 1
0.2877 USD
2 years ago
Mar 11, 2022
Bought 37.5 K USD
Imbrogno Louis Jr.
Director
+ 107082
0.3502 USD
2 years ago
Mar 11, 2022
Bought 0.288 USD
Imbrogno Louis Jr.
Director
+ 1
0.2877 USD
3 years ago
Sep 29, 2021
Bought 29.5 K USD
Snyder Norman E. Jr.
Chief Executive Officer
+ 50000
0.59 USD
3 years ago
Sep 30, 2021
Bought 9.63 K USD
Spisak Thomas J.
CFO
+ 16000
0.6017 USD
3 years ago
Sep 15, 2021
Bought 56 K USD
Bello John
Director
+ 100000
0.56 USD
3 years ago
Aug 16, 2021
Bought 97.2 K USD
Bello John
Director
+ 135000
0.72 USD
3 years ago
Dec 11, 2020
Bought 644 K USD
Doherty Daniel Joseph III
director, 10 percent owner:
+ 1000000
0.644 USD
3 years ago
Dec 11, 2020
Bought 0 USD
Doherty Daniel Joseph III
director, 10 percent owner:
+ 0
0.56 USD
3 years ago
Dec 11, 2020
Bought 644 K USD
Raptor/Harbor Reeds SPV LLC
10 percent owner
+ 1000000
0.644 USD
3 years ago
Dec 11, 2020
Bought 420 K USD
Raptor/Harbor Reeds SPV LLC
10 percent owner
+ 750000
0.56 USD
4 years ago
Aug 13, 2020
Bought 5.3 K USD
Bello John
Director
+ 5000
1.06 USD
4 years ago
Aug 13, 2020
Bought 1.85 K USD
Bello John
Director
+ 1710
1.08 USD
4 years ago
Aug 13, 2020
Bought 97.1 K USD
Bello John
Director
+ 88290
1.1 USD
4 years ago
Mar 17, 2020
Bought 22.9 K USD
Bello John
Director
+ 38838
0.5884 USD
4 years ago
Mar 16, 2020
Bought 10.4 K USD
Bello John
Director
+ 20451
0.5099 USD
4 years ago
Mar 16, 2020
Bought 7.55 K USD
Bello John
Director
+ 14800
0.51 USD
4 years ago
Mar 16, 2020
Bought 2.55 K USD
Bello John
Director
+ 4749
0.5376 USD
4 years ago
Mar 16, 2020
Bought 51.7 K USD
Bello John
Director
+ 90757
0.5698 USD
5 years ago
Oct 25, 2019
Bought 150 K USD
Snyder Norman E. Jr.
COO
+ 250000
0.6 USD
5 years ago
Oct 25, 2019
Bought 400 K USD
Bello John
Interim CEO
+ 666666
0.6 USD
5 years ago
Oct 25, 2019
Bought 600 K USD
Bello John
Interim CEO
+ 1000000
0.6 USD
5 years ago
Oct 25, 2019
Bought 15 K USD
Imbrogno Louis Jr.
Director
+ 25000
0.6 USD
5 years ago
Oct 25, 2019
Bought 10 K USD
JAFFE LEWIS
Director
+ 16666
0.6 USD
5 years ago
Oct 25, 2019
Bought 25 K USD
Iris Snyder
CFO
+ 41666
0.6 USD
5 years ago
Oct 25, 2019
Bought 15 K USD
Bass James C
Director
+ 25000
0.6 USD
5 years ago
Oct 25, 2019
Bought 7.5 K USD
Grossman Scott R.
Director
+ 12500
0.6 USD
5 years ago
Aug 26, 2019
Bought 4.58 K USD
Grossman Scott R.
Director
+ 2500
1.83 USD
5 years ago
Aug 15, 2019
Bought 52.9 K USD
Bello John
Director
+ 23120
2.29 USD
5 years ago
Aug 15, 2019
Bought 50.9 K USD
Bello John
Director
+ 23120
2.2 USD
5 years ago
Jul 23, 2019
Sell 4.23 K USD
REED CHRISTOPHER J
CIO
- 1300
3.2569 USD
5 years ago
Jul 24, 2019
Sell 3.42 K USD
REED CHRISTOPHER J
CIO
- 1057
3.2392 USD
5 years ago
Jul 19, 2019
Sell 11.3 K USD
REED CHRISTOPHER J
CIO
- 3400
3.3157 USD
5 years ago
Jul 22, 2019
Sell 17.7 K USD
REED CHRISTOPHER J
CIO
- 5476
3.2235 USD
5 years ago
Jul 17, 2019
Sell 13.2 K USD
REED CHRISTOPHER J
CIO
- 3943
3.3534 USD
5 years ago
Jul 18, 2019
Sell 3.69 K USD
REED CHRISTOPHER J
CIO
- 1100
3.3584 USD
5 years ago
Jul 15, 2019
Sell 7.05 K USD
REED CHRISTOPHER J
CIO
- 2101
3.3579 USD
5 years ago
Jul 16, 2019
Sell 17.3 K USD
REED CHRISTOPHER J
CIO
- 5204
3.3231 USD
5 years ago
Jul 11, 2019
Sell 21.1 K USD
REED CHRISTOPHER J
CIO
- 6379
3.3135 USD
5 years ago
Jul 12, 2019
Sell 22.9 K USD
REED CHRISTOPHER J
CIO
- 6800
3.3714 USD
5 years ago
Jul 09, 2019
Sell 39.3 K USD
REED CHRISTOPHER J
CIO
- 11400
3.4464 USD
5 years ago
Jul 10, 2019
Sell 55 K USD
REED CHRISTOPHER J
CIO
- 16416
3.3481 USD
5 years ago
Jul 08, 2019
Sell 16 K USD
REED CHRISTOPHER J
CIO
- 4424
3.6062 USD
5 years ago
May 30, 2019
Bought 35.2 K USD
Bello John
Director
+ 11000
3.2 USD
5 years ago
May 30, 2019
Bought 32 K USD
COHANE NEAL
Chief Sales Officer
+ 10000
3.2 USD
5 years ago
May 31, 2019
Sell 1.92 M USD
Doherty Daniel Joseph III
director, 10 percent owner:
- 564020
3.4 USD
5 years ago
May 31, 2019
Sell 1.92 M USD
Raptor/Harbor Reeds SPV LLC
10 percent owner
- 564020
3.4 USD
5 years ago
May 30, 2019
Bought 32 K USD
Bass James C
Director
+ 10000
3.2 USD
5 years ago
May 30, 2019
Sell 613 K USD
REED CHRISTOPHER J
CIO
- 191600
3.2 USD
5 years ago
Feb 14, 2019
Sell 45.2 K USD
REED CHRISTOPHER J
CIO
- 17007
2.66 USD
5 years ago
Feb 15, 2019
Sell 13.8 K USD
REED CHRISTOPHER J
CIO
- 5200
2.66 USD
5 years ago
Feb 15, 2019
Sell 53.2 K USD
REED CHRISTOPHER J
CIO
- 20000
2.66 USD
5 years ago
Feb 19, 2019
Sell 134 K USD
REED CHRISTOPHER J
CIO
- 50000
2.67 USD
5 years ago
Feb 20, 2019
Sell 76.6 K USD
REED CHRISTOPHER J
CIO
- 28705
2.67 USD
5 years ago
Feb 21, 2019
Sell 66.8 K USD
REED CHRISTOPHER J
CIO
- 25000
2.67 USD
5 years ago
Feb 22, 2019
Sell 66.8 K USD
REED CHRISTOPHER J
CIO
- 25000
2.67 USD
5 years ago
Feb 26, 2019
Sell 148 K USD
REED CHRISTOPHER J
CIO
- 50000
2.96 USD
5 years ago
Feb 26, 2019
Sell 74 K USD
REED CHRISTOPHER J
CIO
- 25088
2.95 USD
6 years ago
Oct 04, 2018
Bought 825 K USD
Raptor/Harbor Reeds SPV LLC
10 percent owner
+ 750000
1.1 USD
6 years ago
Oct 04, 2018
Bought 825 K USD
Doherty Daniel Joseph III
director, 10 percent owner:
+ 750000
1.1 USD
5 years ago
Jan 02, 2019
Bought 50 K USD
Bello John
Director
+ 25000
2 USD
5 years ago
Jan 02, 2019
Bought 50 K USD
Bello John
Director
+ 25000
2 USD
5 years ago
Dec 31, 2018
Sell 700 K USD
REED CHRISTOPHER J
CIO
- 350000
2 USD
5 years ago
Dec 03, 2018
Sell 12.2 K USD
REED CHRISTOPHER J
CIO
- 5000
2.437 USD
5 years ago
Dec 12, 2018
Bought 6.32 K USD
Bello John
Director
+ 2700
2.34 USD
5 years ago
Dec 12, 2018
Bought 5.4 K USD
Bello John
Director
+ 2300
2.35 USD
5 years ago
Dec 12, 2018
Bought 7.95 K USD
Bello John
Director
+ 3300
2.41 USD
5 years ago
Dec 12, 2018
Bought 2.87 K USD
Bello John
Director
+ 1200
2.39 USD
5 years ago
Dec 12, 2018
Bought 711 USD
Bello John
Director
+ 300
2.37 USD
5 years ago
Dec 12, 2018
Bought 476 USD
Bello John
Director
+ 200
2.38 USD
5 years ago
Dec 10, 2018
Bought 11.7 K USD
Bello John
Director
+ 5000
2.34 USD
5 years ago
Dec 07, 2018
Bought 1.74 K USD
Bello John
Director
+ 700
2.49 USD
5 years ago
Dec 07, 2018
Bought 14.4 K USD
Bello John
Director
+ 5761
2.5 USD
5 years ago
Dec 06, 2018
Bought 21.7 K USD
Bello John
Director
+ 8900
2.44 USD
5 years ago
Dec 06, 2018
Bought 2.67 K USD
Bello John
Director
+ 1100
2.43 USD
5 years ago
Dec 03, 2018
Sell 12.2 K USD
REED CHRISTOPHER J
CIO
- 5000
2.437 USD
6 years ago
Aug 22, 2018
Sell 1 M USD
Doherty Daniel Joseph III
director, 10 percent owner:
- 400000
2.5 USD
6 years ago
Aug 22, 2018
Sell 1 M USD
Raptor/Harbor Reeds SPV LLC
10 percent owner
- 400000
2.5 USD
6 years ago
Aug 22, 2018
Bought 735 USD
Bello John
Director
+ 300
2.45 USD
6 years ago
Aug 22, 2018
Bought 10 K USD
Bello John
Director
+ 4177
2.4 USD
6 years ago
Aug 22, 2018
Bought 750 K USD
Bello John
Director
+ 300000
2.5 USD
6 years ago
Aug 22, 2018
Bought 250 K USD
Bello John
Director
+ 100000
2.5 USD
6 years ago
Aug 20, 2018
Bought 8.72 K USD
Bello John
Director
+ 3800
2.295 USD
6 years ago
Aug 20, 2018
Bought 1.38 K USD
Bello John
Director
+ 600
2.3 USD
6 years ago
Aug 20, 2018
Bought 13.1 K USD
Bello John
Director
+ 5600
2.345 USD
6 years ago
Aug 16, 2018
Bought 7.53 K USD
Bass James C
Director
+ 2900
2.595 USD
6 years ago
Aug 15, 2018
Bought 260 USD
Bass James C
Director
+ 100
2.6 USD
6 years ago
May 16, 2018
Bought 21.6 K USD
Bass James C
Director
+ 8000
2.7 USD
6 years ago
May 16, 2018
Bought 200 K USD
Bello John
Director
+ 67000
2.9795 USD
6 years ago
May 16, 2018
Bought 13.6 K USD
Bass James C
Director
+ 8000
1.7 USD
6 years ago
Dec 22, 2017
Bought 4.04 K USD
Bass James C
Director
+ 2000
2.02 USD
6 years ago
Dec 22, 2017
Bought 150 K USD
Bello John
Director
+ 100001
1.5 USD
6 years ago
Dec 22, 2017
Bought 206 K USD
Bello John
Director
+ 137002
1.5 USD
6 years ago
Dec 14, 2017
Bought 44.1 K USD
Bello John
Director
+ 29400
1.5 USD
6 years ago
Dec 22, 2017
Bought 101 K USD
Bello John
Director
+ 50000
2.025 USD
6 years ago
Dec 22, 2017
Bought 139 K USD
Bello John
Director
+ 68501
2.025 USD
6 years ago
Dec 14, 2017
Bought 29.8 K USD
Bello John
Director
+ 14700
2.025 USD
6 years ago
Dec 22, 2017
Bought 10.3 K USD
Miles Daniel V.
Chief Financial Officer
+ 5100
2.02 USD
6 years ago
Dec 22, 2017
Bought 6.73 K USD
JAFFE LEWIS
Director
+ 3333
2.02 USD
6 years ago
Dec 27, 2017
Bought 4 M USD
Raptor/Harbor Reeds SPV LLC
10 percent owner
+ 2666667
1.5 USD
6 years ago
Dec 27, 2017
Bought 2.7 M USD
Raptor/Harbor Reeds SPV LLC
10 percent owner
+ 1333333
2.025 USD
7 years ago
Aug 25, 2017
Bought 50 K USD
Bello John
Director
+ 29400
1.7 USD
7 years ago
Mar 16, 2017
Bought 125 USD
REED CHRISTOPHER J
CEO
+ 50
2.5 USD
7 years ago
Dec 19, 2016
Bought 13.5 M USD
REED CHRISTOPHER J
Chairman and CEO
+ 5000
2700 USD
8 years ago
Oct 21, 2016
Bought 57 K USD
REED CHRISTOPHER J
Chairman and CEO
+ 50000
1.14 USD
8 years ago
Oct 21, 2016
Bought 14.2 K USD
COHANE NEAL
SVP Sales
+ 12500
1.14 USD
8 years ago
Sep 28, 2016
Bought 51 K USD
COHANE NEAL
SVP Sales
+ 13500
3.78 USD
8 years ago
Sep 26, 2016
Bought 29 K USD
Miles Daniel V.
Chief Fiancial Officer
+ 8000
3.62 USD
8 years ago
Sep 06, 2016
Bought 18 K USD
Miles Daniel V.
Chief Financial Officer
+ 5000
3.59 USD
8 years ago
Aug 31, 2016
Bought 16.3 K USD
Miles Daniel V.
Chief Financial Officer
+ 5000
3.26 USD
8 years ago
Aug 23, 2016
Bought 27.5 K USD
Miles Daniel V.
Chief Fiancial Officer
+ 10000
2.75 USD
8 years ago
Aug 16, 2016
Bought 125 USD
REED CHRISTOPHER J
CEO
+ 50
2.5 USD
8 years ago
May 12, 2016
Bought 390 M USD
COHANE NEAL
SVP SALES
+ 10000
39000 USD
8 years ago
May 12, 2016
Bought 390 M USD
Miles Daniel V.
CFO
+ 10000
39000 USD
8 years ago
May 12, 2016
Bought 390 M USD
REED CHRISTOPHER J
CEO
+ 10000
39000 USD
8 years ago
Dec 03, 2015
Bought 61.4 K USD
COHANE NEAL
SVP SALES
+ 12046
5.1 USD
10 years ago
Jan 27, 2014
Bought 64.1 K USD
LINESCH JAMES
Chief Financial Officer
+ 8642
7.42 USD
10 years ago
Jan 07, 2014
Bought 92.9 K USD
FOUCAUT THIERRY R
Chief Operating Officer
+ 10837
8.57 USD
10 years ago
Jan 02, 2014
Bought 207 K USD
LINESCH JAMES
Chief Financial Officer
+ 25974
7.98 USD
12 years ago
Oct 11, 2012
Bought 480 K USD
LINESCH JAMES
Chief Financial Officer
+ 62338
7.7 USD
12 years ago
Oct 11, 2012
Bought 13.1 B USD
FOUCAUT THIERRY R
Chief Operating Officer
+ 41299
318000 USD
14 years ago
Dec 15, 2009
Sell 4.87 K USD
REED CHRISTOPHER J
Chief Executive Officer
- 105025
0.0464 USD
14 years ago
Dec 16, 2009
Sell 13.8 K USD
REED CHRISTOPHER J
Chief Executive Officer
- 470000
0.0294 USD
14 years ago
Dec 11, 2009
Sell 7.92 K USD
REED CHRISTOPHER J
Chief Executive Officer
- 107000
0.074 USD
14 years ago
Dec 14, 2009
Sell 6.67 K USD
REED CHRISTOPHER J
Chief Executive Officer
- 110000
0.0606 USD
14 years ago
Dec 04, 2009
Sell 50.3 K USD
REED CHRISTOPHER J
Chief Executive Officer
- 214000
0.235 USD
14 years ago
Dec 07, 2009
Sell 37 K USD
REED CHRISTOPHER J
Chief Executive Officer
- 185000
0.1998 USD
14 years ago
Dec 08, 2009
Sell 14.9 K USD
REED CHRISTOPHER J
Chief Executive Officer
- 108000
0.1384 USD
14 years ago
Dec 09, 2009
Sell 11.2 K USD
REED CHRISTOPHER J
Chief Executive Officer
- 123200
0.0911 USD
14 years ago
Dec 10, 2009
Sell 4.82 K USD
REED CHRISTOPHER J
Chief Executive Officer
- 93000
0.0518 USD
7. News
Reed, Inc. (REED) Q3 2024 Earnings Call Transcript Reed, Inc. (OTCQX:REED) Q3 2024 Earnings Conference Call November 14, 2024 8:30 AM ET Company Participants Norman Snyder - CEO & Director Joann Tinnelly - CFO & Secretary Conference Call Participants Sean McGowan - ROTH Capital Partners Operator Good morning, and welcome to Reed's Third Quarter 2024 Earnings Conference Call for the 3 months ended September 30, 2024. My name is Angeline, and I will be your conference call operator for today. seekingalpha.com - 2 days ago
Reeds (REED) Reports Q3 Loss, Lags Revenue Estimates Reeds (REED) came out with a quarterly loss of $1.09 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to loss of $0.34 per share a year ago. zacks.com - 2 days ago
Reed's Reports Third Quarter 2024 Results and Provides Business Update Strengthened Liquidity Position with New $10 Million Credit Facility and Assumption of Secured Notes by the Company's Majority Stockholder globenewswire.com - 2 days ago
Reed's Schedules Third Quarter 2024 Conference Call for November 14 at 8:30 a.m. ET NORWALK, Conn., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Reed's, Inc. (OTCQX: REED) (“Reed's” or the “Company”), owner of the nation's leading portfolio of handcrafted, natural ginger beverages, will host a conference call on Thursday, November 14, 2024 at 8:30 a.m. Eastern time to discuss its financial results for the three months ended September 30, 2024. The Company's results will be reported in a press release prior to the call. globenewswire.com - 5 days ago
Reed's Announces Closing of $6.0 Million Financing NORWALK, Conn., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Reed's, Inc. (OTCQX: REED) (“Reed's” or the “Company”), owner of the nation's leading portfolio of handcrafted, natural ginger beverages, today announced it has closed its $6 million private investment in public equity (“PIPE”). globenewswire.com - 2 months ago
Reed's, Inc. (REED) Q2 2024 Earnings Call Transcript Reed's, Inc. (OTCQX:REED) Q2 2024 Earnings Conference Call August 13, 2024 5:00 PM ET Company Participants Norman Snyder - CEO Joann Tinnelly - CFO Conference Call Participants Sean McGowan - ROTH Operator Good afternoon and welcome to Reed's Second Quarter 2024 Earnings Conference Call for the Three Months Ended June 30, 2024. My name is Emery and I will be your conference call operator for today. seekingalpha.com - 3 months ago
Reeds (REED) Reports Q2 Loss, Tops Revenue Estimates Reeds (REED) came out with a quarterly loss of $0.44 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to loss of $0.99 per share a year ago. zacks.com - 3 months ago
Reed's Reports Second Quarter 2024 Results Double-Digit Net Sales Growth and Gross Margin Expansion Drive Lower Operating Loss and Positive Modified EBITDA Reiterates Full Year 2024 Financial Outlook NORWALK, Conn., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Reed's, Inc. (OTCQX: REED) (“Reed's” or the “Company”), owner of the nation's leading portfolio of handcrafted, natural ginger beverages, is reporting financial results for the three months ended June 30, 2024. globenewswire.com - 3 months ago
Reed's Schedules Second Quarter 2024 Conference Call for August 13 at 5:00 p.m. ET NORWALK, Conn., July 30, 2024 (GLOBE NEWSWIRE) -- Reed's, Inc. (OTCQX: REED) (“Reed's” or the “Company”), owner of the nation's leading portfolio of handcrafted, natural ginger beverages, will host a conference call on Tuesday, August 13, 2024 at 5:00 p.m. Eastern time to discuss its financial results for the three months ended June 30, 2024. The Company's results will be reported in a press release prior to the call. globenewswire.com - 3 months ago
Reed's Unveils New Virgil's 12oz Can Format in Sprouts Farmers Market NORWALK, Conn., May 29, 2024 (GLOBE NEWSWIRE) -- Reed's, Inc. (OTCQX: REED) (“Reed's” or the “Company”), owner of the nation's leading portfolio of handcrafted, natural ginger beverages, today announced the launch of Virgil's full sugar handcrafted sodas in a new, convenient 12oz can format for five classic flavors in Sprouts Farmers Market nationwide. globenewswire.com - 5 months ago
Reed's, Inc. (REED) Q1 2024 Earnings Call Transcript Reed's, Inc. (OTCQX:REED) Q1 2024 Earnings Conference Call May 14, 2024 5:00 PM ET Corporate Participants Norman Snyder - Chief Executive Officer Joann Tinnelly - Chief Financial Officer Conference Call Participants Sean McGowan - ROTH Operator Good afternoon, and welcome to Reed's First Quarter 2024 Earnings Conference Call for the three months ended March 31, 2024. My name is Chris, and I will be your conference operator for today. seekingalpha.com - 6 months ago
Reed's Schedules First Quarter 2024 Conference Call for May 14 at 5:00 p.m. ET NORWALK, Conn., April 30, 2024 (GLOBE NEWSWIRE) -- Reed's, Inc. (OTCQX: REED) (“Reed's” or the “Company”), owner of the nation's leading portfolio of handcrafted, natural ginger beverages, will host a conference call on Tuesday, May 14, 2024 at 5:00 p.m. Eastern time to discuss its financial results for the three months ended March 31, 2024. The Company's results will be reported in a press release prior to the call. globenewswire.com - 6 months ago
8. Profile Summary

Reed's, Inc. REED

image
COUNTRY US
INDUSTRY Beverages - Non-Alcoholic
MARKET CAP $ 4.52 M
Dividend Yield 0.00%
Description Reed's, Inc. engages in the manufacture and distribution of natural hand-crafted beverages in the craft specialty foods industry in the United States, Canada, Asia, Europe, Australia, and South America. It offers Reed's craft ginger beers; Reed's real ginger ales; Reed's ready to drink products; Virgil's handcrafted sodas; ginger candy; and other ginger beverages under the Reed's brand. Reed's, Inc. sells its products to natural food and gourmet retailers, grocery store chains, mass merchants, club stores, convenience and drug stores, liquor stores, industrial cafeterias, and on-premise bars and restaurants through distributors and independent distributor partners, as well as direct to store distribution. It also exports its products to France, the United Kingdom, South Africa, the Caribbean, Canada, Spain, the Philippines, Israel, Australia, Asia, rest of Europe, and South America. The company was formerly known as Original Beverage Corporation and changed its name to Reed's, Inc. in 2001. Reed's, Inc. was founded in 1987 and is headquartered in Norwalk, Connecticut.
Contact 201 Merritt 7 Corporate Park, Norwalk, CT, 06851 https://drinkreeds.com
IPO Date Dec. 29, 2006
Employees 21
Officers Mr. Philip T. Trotman Director of Marketing Mr. Christopher J. Reed Founder Mr. Damian Warshall Vice President of Operations Mr. Christopher Burleson Chief Commercial Officer