REED - Reed's Inc. (REED) Q4 2023 Earnings Call Transcript
2024-03-28 23:29:08 ET
Reed's, Inc. (REED)
Q4 2023 Earnings Conference Call
March 28, 2024 05:00 PM ET
Company Participants
Joann Tinnelly - CFO
Norman Snyder - CEO
Conference Call Participants
Sean McGowan - ROTH MKM
Presentation
Operator
Good afternoon. and welcome to Reed's Fourth Quarter and Full Year 2023 Earnings Conference Call for the Three and 12 months ended December 31st, 2023. My name is Gary and I will be your conference call operator for today.
We will have prepared remarks from Norman Snyder, Reed's Chief Executive Officer; and Joann Tinnelly, Reed's Chief Financial Officer. Following their remarks, they will take your questions.
I would like to remind listeners that this conference call will include forward-looking statements. Forward-looking statements are only current predictions and are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, levels, or activity, performance, or achievements to be materially different from those anticipated by such statements.
These factors include, but are not limited to, the company's ability to manage growth, manage debt, and meet development goals; the company's ability to protect its supply chain in light of disruption caused by elevated freight costs and other impediments; the availability and cost of capital to finance working capital needs and growth plans; the company's dependence on third-party manufacturers and distributors; changes in the competitive environment; the economic impact of the wars in Ukraine and Israel; and other information detailed from time-to-time in Reed's filings with the United States Securities and Exchange Commission.
These statements, including financial guidance, involve risks and uncertainties that may cause actual results or trends to differ materially from the company's forecast. The achievement or success of the matters covered by such forward-looking statements, including future financial guidance involve risks, uncertainties, and assumptions, many of which involve factors or circumstances that are beyond the company's control.
Reed's 2024 guidance reflects year-to-date and our expectation that inflationary trends and supply chain pressure will continue throughout 2024. However, new supply chain challenges that may develop and factors that could exacerbate inflation cannot be reasonably estimated and are not factored into current fiscal 2024 guidance....
Reed's, Inc. (REED) Q4 2023 Earnings Call Transcript