REED - Reed's, Inc.

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
0.7560
-0.0040 (-0.53%)
At close: 4:00PM EST
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Previous Close0.7600
Open0.7320
Bid0.7699 x 3000
Ask0.7800 x 1300
Day's Range0.7320 - 0.7700
52 Week Range0.5300 - 4.0500
Volume74,995
Avg. Volume351,728
Market Cap35.982M
Beta (3Y Monthly)1.17
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
All
News
Press Releases
  • GlobeNewswire

    Reed’s Inc. Appoints Thomas J. Spisak as Chief Financial Officer

    Mr. Spisak brings to Reed’s nearly 30 years of experience providing financial and accounting leadership, including extensive expertise over a broad range of finance functions during his 26 year tenure in the North America region of Diageo, a multinational alcoholic beverage company with net sales over UK £12.9 billion (U.S. $16 billion). Mr. Spisak held numerous positions in multiple divisions of Diageo, most recently serving as Vice President of Finance and Controller of North America. Prior to Diageo, Mr. Spisak served at International Masters Publishers, Inc., a private company with publishing activities in 35 countries.

  • GlobeNewswire

    Reed’s, Inc. Announces Third Quarter 2019 Financial Results

    NORWALK, Conn., Nov. 13, 2019 -- Reed’s Inc. (Nasdaq:REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced financial results for.

  • GlobeNewswire

    Reed’s Inc. Announces CFO Transition

    NORWALK, Conn., Nov. 04, 2019 -- Reed’s Inc. (Nasdaq: REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced the departure of.

  • GlobeNewswire

    Reed’s Inc. Announces Release Date of Third Quarter 2019 Financial Results and Webcast

    NORWALK, Conn., Oct. 30, 2019 -- Reed’s Inc. (Nasdaq: REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced that it intends to.

  • GlobeNewswire

    Reed’s Inc. Prices Underwritten Public Offering of Common Stock

    Reed’s Inc. (REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced the pricing of an underwritten public offering of 11,666,667 shares of its common stock at a price of $0.60 per share for gross proceeds of approximately $7.0 million.  Reed’s has also granted to the underwriter a 45-day option to purchase up to an additional 1,750,000 shares of common stock to cover overallotments in connection with the offering. Roth Capital Partners is acting as the sole manager for the offering. A shelf registration statement relating to the shares of common stock to be issued in the proposed offering was filed with the Securities and Exchange Commission (the "SEC") and is effective. The offering is being made only by means of a written prospectus and prospectus supplement that form a part of the registration statement.

  • GlobeNewswire

    Reed’s Inc. Announces Proposed Public Offering of Common Stock

    Reed’s Inc. (REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced that it intends to offer shares of its common stock in an underwritten public offering. Reed’s also expects to grant to the underwriters of the offering a 45-day option to purchase additional shares of common stock offered in the underwritten public offering on the same terms and conditions. Roth Capital Partners is acting as the sole manager for the offering.

  • GlobeNewswire

    Reed’s Inc. and Full Sail Brewing Partner to Launch Reed’s Ready-to-Drink Craft Ginger Mules

    Reed’s Inc. (REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages and Full Sail Brewing Co. (“Full Sail”), Oregon’s award-winning craft brewer, today announced entry into agreements for the development, marketing and distribution of ready-to-drink Reed’s Craft Ginger Mules, which come in two flavors: Classic and Zero Sugar. Reed’s Chairman of the Board and Interim Chief Executive Officer John Bello commented, “This agreement provides Reed’s with Full Sail’s focused product development, production and sales and marketing capabilities to drive national success, while allowing the Reed’s team to remain focused on the expanded production and distribution of its core non-alcoholic brands.

  • GlobeNewswire

    Reed’s Inc. Announces Management Restructuring

    Reed’s Inc. (REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced a restructuring of its executive leadership team to accelerate its continued business transformation to an efficient and effective asset-light model. The leadership changes include the appointment of John Bello, currently Chairman of the Board of Directors, as Interim Chief Executive Officer and the appointment of Norman E. Snyder, Jr. as Reed’s Chief Operating Officer.

  • Reed's Zero Sugar Ginger Beer Now Certified Ketogenic; Latest Product Innovation Has Brand Making Keto Mules
    PR Newswire

    Reed's Zero Sugar Ginger Beer Now Certified Ketogenic; Latest Product Innovation Has Brand Making Keto Mules

    Reed's Zero Sugar Ginger Beer is all-natural, using a proprietary sweetener blend combined with fresh organic Peruvian ginger to deliver Reed's trademark flavor. From national retailers to regional grocers across the country, we're working around the clock to keep up with demand," says CEO of Reed's Inc., Val Stalowir. The diet also continues to take Hollywood by storm, with many high-profile celebrities adopting the Keto diet across the country.

  • GlobeNewswire

    Reed’s, Inc. Announces Second Quarter 2019 Financial Results

    NORWALK, Conn., Aug. 13, 2019 -- Reed’s Inc. (Nasdaq:REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced financial results for.

  • GlobeNewswire

    Reed’s Inc. Appoints Louis Imbrogno, Jr. to Board of Directors

    Reed’s Inc. (REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced that Louis Imbrogno, Jr. has been appointed to Reed’s Inc. Board of Directors effective August 7, 2019. Mr. Imbrogno joins the Board of Directors after a 40-year tenure with PepsiCo, bringing extensive expertise in beverage supply chain and management. At PepsiCo he served in a variety of field operating assignments and staff positions including the role of Senior Vice President of Worldwide Technical Operations.

  • GlobeNewswire

    Reed’s Inc. Announces Release Date of Second Quarter 2019 Financial Results and Webcast

    NORWALK, Conn., July 30, 2019 -- Reed’s Inc. (Nasdaq: REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced that it intends to.

  • GlobeNewswire

    Reed’s Inc. to Present at the LD Micro 9th Annual Invitational

    Reed’s Inc. (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, Chief Financial Officer, will be presenting and meeting with investors at the LD Micro 9th Annual Invitational to be held June 4-5, 2019, in Los Angeles, CA. The Reed’s Inc. investor presentation is scheduled for Tuesday, June 4, 2019, at 11:00 a.m. Pacific Time. The presentation will be webcast live and available via a link on Reed's investor website at http://investor.reedsinc.com/ under the "Events & Presentations" section or directly at http://wsw.com/webcast/ldmicro16/reed/.

  • GlobeNewswire

    Reed’s, Inc. Announces First Quarter 2019 Financial Results

    Net sales grew 2% during first quarter 2019, driven by core brand gross sales growth of 15%, including over 46% volume growth of the Virgil’s brand in the first quarter Gross.

  • 88% Of Moms Would Mistakenly Offer Up Ginger Ale Soda To Soothe Upset Stomachs; Reed's Ginger Beer Calls Foul, Says It's Time To Get Real With Moms
    PR Newswire

    88% Of Moms Would Mistakenly Offer Up Ginger Ale Soda To Soothe Upset Stomachs; Reed's Ginger Beer Calls Foul, Says It's Time To Get Real With Moms

    NORWALK, Conn., May 8, 2019 /PRNewswire/ -- Reaching for a ginger ale soda when you have an upset stomach? You're not alone, as 88 percent of moms say they would give their child or another family member ginger ale soda to soothe an upset stomach. A new survey commissioned by Reed's, Inc. (NYSE American: REED), America's #1 ginger beer brand, has uncovered a legacy of this misguided home remedy: 86 percent of moms learned from their parents or grandparents that drinking ginger ale will settle your stomach.

  • GlobeNewswire

    Reed’s Inc. Transfers Stock Exchange Listing to Nasdaq

    Reed’s Inc. (NYSE American:REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced it is planning to transfer its stock exchange listing from NYSE American to the Nasdaq Capital Market (“Nasdaq”). The company’s shares are expected to begin trading as a Nasdaq listed security on May 10, 2019, with the common stock continuing to trade under the symbol "REED". Established in 1989, Reed's is America's best-selling Ginger Beer brand and has been the leader and innovator in the ginger beer category for decades.

  • GlobeNewswire

    Reed’s Inc. Announces Release Date of First Quarter 2019 Financial Results and Webcast

    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, 2019 after the market close on Tuesday, May 14, 2019. Following the release, members of Reed’s, Inc. senior management team will host a conference call with financial analysts and investors at 4:30 p.m. Eastern Time.

  • GlobeNewswire

    Reed’s, Inc. Announces Fourth Quarter and Full Year 2018 Financial Results

    Key transformation initiatives completed during 2018 with investments in sales and marketing accelerating in 2019 Net sales grew 1% during 2018 driven by core brand gross sales.

  • GlobeNewswire

    Reed’s Inc. Announces Release Date of Fourth Quarter and Full Year 2018 Financial Results and Webcast

    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 fourth quarter and full year ended December 31, 2018 after the market close on Thursday, March 28, 2019. Following the release, members of Reed’s, Inc. senior management team will host a conference call with financial analysts and investors at 4:30 p.m. Eastern Time.

  • GlobeNewswire

    Reed’s Inc. to Present at the ROTH Conference 2019

    NORWALK, Conn., March 13, 2019 -- Reed’s Inc. (NYSE American:REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced that Val.

  • Reed's Expands Craft Beverage Offering With New Ways To Reap The Benefits Of Real Ginger -- From Zero Sugar And Ready To Drink Mules To Ginger Beer With Hemp And Daily Ginger Shots
    PR Newswire

    Reed's Expands Craft Beverage Offering With New Ways To Reap The Benefits Of Real Ginger -- From Zero Sugar And Ready To Drink Mules To Ginger Beer With Hemp And Daily Ginger Shots

    NORWALK, Conn., Feb. 27, 2019 /PRNewswire/ -- With health conscious consumers looking not just to food, but to beverages to deliver functional benefits, Reed's, Inc. (NYSE American: REED), is pouring it on, debuting several new innovations in its leading Reed's Ginger Beer portfolio at Natural Products Expo West 2019, March 5-9 in Anaheim, CA. Show-goers will be able to get a first look at Reed's vibrant package redesign and get first-tastes of Reed's new Zero Sugar craft ginger beer line, Reed's Ready to Drink Mules, Reed's Wellness Ginger Beers with Hemp Extract and Reed's Daily Ginger Shots, all of which are packed with real, fresh ginger, known around the world for its health benefits and stimulating properties.

  • GlobeNewswire

    Reed’s Inc. Announces Closing of Underwritten Public Offering of Common Stock

    Reed’s Inc. (NYSE American: REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced the closing of its previously announced underwritten public offering of 7,733,750 shares of its common stock, including 1,008,750 shares sold pursuant to the underwriters’ full exercise of their option to purchase additional shares to cover over-allotments, at a public offering price of $2.10 per share, before deducting underwriting discounts and commissions and estimated offering expenses payable by the company.  The gross proceeds to the Company from this offering are approximately $16.2 million, before deducting underwriting discounts and commissions and other estimated offering expenses. Reed’s intends to use the net proceeds from the offering to fund the accelerated growth of its business, support new product launches, invest in sales and marketing programs, working capital, and for general corporate purposes.

  • GlobeNewswire

    Reed’s, Inc. Announces the Sale of Los Angeles Facility, Completing Transformation Plan Initiatives

    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.