|Bid||2.63 x 900|
|Ask||2.75 x 1300|
|Day's Range||2.6200 - 2.7839|
|52 Week Range||1.4000 - 3.9500|
|Beta (3Y Monthly)||0.39|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Reed’s Inc. (NYSE American: REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced the closing of its sale of its Los Angeles beverage manufacturing operations, equipment and private label business. This sale marks the completion of the final major initiative in optimizing the company’s operating model. After an extensive sale process led by Gordon Brothers, Reed’s sold the beverage manufacturing equipment and private label beverage business for a purchase price of $1.25 million pursuant to an asset purchase agreement with California Custom Beverage, an entity owned by Chris Reed, founder, CIO and board member of Reed’s. In support of the transaction, a group of current REED shareholders, including Chairman John Bello and certain institutional investors, purchased REED shares from Chris Reed in a private transaction exempt from the registration requirements of the Securities Act of 1933.
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.
NORWALK, Conn., Oct. 30, 2018 -- Reed’s Inc. (NYSE American:REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced that it.
NEW YORK, NY / ACCESSWIRE / August 13, 2018 / Reed's, Inc. (NYSE American: REED ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 13, 2018 at 4:30 PM Eastern Time. ...
NEW YORK, NY / ACCESSWIRE / May 14, 2018 / Reed's, Inc. (NYSE American: REED ) will be discussing their earnings results in their Q1 Earnings Call to be held on May 14, 2018 at 4:30 PM Eastern Time. To ...
Levi & Korsinsky announces it has commenced an investigation of Reed’s, Inc. concerning possible breaches of fiduciary duty. To obtain additional informat
NEW YORK , April 9, 2018 /PRNewswire/ -- Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty ...
NEW YORK, NY / ACCESSWIRE / March 28, 2018 / Reed's, Inc. (NYSE American: REED ) will be discussing their earnings results in their Q4 Earnings Call to be held on March 28, 2018 at 4:30 PM Eastern Time. ...