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REED News and Press, Reeds Inc. From 02/14/22

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Company Name: Reeds Inc.
Stock Symbol: REED
Market: OTC
Website: drinkreeds.com

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REED - Reed's jumps 7% postmarket on Q4 prelim results

Reed’s (NASDAQ:REED) jumped 7% during postmarket trade after it reported prelim. Q4 and FY21 results. Q4 net revenue is expected to increase ~19% Y/Y to $12.7M vs. consensus estimate of $13.19M. Gross profit in Q4 is estimated to be ~$2.6M, with gross margin at ~20.6%. Modified EBITDA ...

REED - Reed's® Reports Preliminary Unaudited Fourth Quarter and Full Year 2021 Results

- Preliminary Q4 2021 Net Revenue up 19% to Approximately $12.7 Million - - Preliminary FY 2021 Net Revenue up 19% to Approximately $49.6 Million - - Reed’s Issues 2022 Net Sales Outlook of $59-$62 Million with Approximately 30% Gross Margin - NORWALK...

REED - Reed's® Launches Multiple New Beverages in Sprouts Farmers Market

NORWALK, Conn., Jan. 27, 2022 (GLOBE NEWSWIRE) -- Reed’s Inc. ® (NASDAQ: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, all-natural ginger beverages, announced today that it will begin ...

REED - Reed's® Launches Ready-to-Drink Zero Sugar Classic Mule in Costco

NORWALK, Conn., Jan. 06, 2022 (GLOBE NEWSWIRE) -- Reed’s Inc. ® (NASDAQ: REED), owner of the nation’s leading portfolio of handcrafted, all-natural ginger beverages, announced today that Reed’s® Zero Sugar Classic Mule is now available at select Costco...

REED - Reed's Inc.® Launches Mule in Michigan at Midtown Fresh

NORWALK, Conn., Dec. 14, 2021 (GLOBE NEWSWIRE) -- Reed’s Inc.® (Nasdaq: REED), maker of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced the launch of the Reed’s® Zero Sugar Classic Mule at Midtown Fresh in Kalamazoo, M...

REED - Reed's® Launches Limited-Edition Real Cranberry Ginger Ale at Costco

NORWALK, Conn., Nov. 16, 2021 (GLOBE NEWSWIRE) -- Reed’s Inc. ® (NASDAQ: REED), America’s #1 ginger company, announced today the launch of Reed’s® REAL Cranberry Ginger Ale, an exclusive variety for Costco members in the Northwest region. Just in...

REED - Reed's (REED) CEO Norman Snyder on Q3 2021 Results - Earnings Call Transcript

Reed’s, Inc. (REED) Q3 2021 Earnings Conference Call November 9, 2021 4:30 PM ET Company Participants Norman Snyder – Chief Executive Officer Tom Spisak – Chief Financial Officer Conference Call Participants Anthony Vendetti – Maxim Group Presentation Operator Good...

REED - Reed's, Inc. Announces Third Quarter 2021 Financial Results

NORWALK, Conn., Nov. 09, 2021 (GLOBE NEWSWIRE) -- Reed’s Inc. (Nasdaq:REED), (“Reed’s or the “Company”) owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced financial results for the fiscal third quarter end...

REED - Reed's, Inc. Nominates Rhonda Kallman as a Member of the Board of Directors

NORWALK, Conn., Nov. 08, 2021 (GLOBE NEWSWIRE) -- Reed’s, Inc. (“Reed’s) (Nasdaq: REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced that Rhonda Kallman will be added to the board of directors' slate of nominees ...

REED - Reed's Inc.® Unveils Fan-Favorite Beverages in Swing-lid Bottles

NORWALK, Conn., Nov. 02, 2021 (GLOBE NEWSWIRE) -- Reed’s Inc.® (NASDAQ: REED), maker of the nation’s leading portfolio of handcrafted, all-natural beverages, announced today the launch of Flying Cauldron ® Butterscotch Cream Soda, and return of Virgil'sȒ...

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