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Executed complete transition to asset-light sales and marketing focused business model Three-year co-packing agreement for the production of Reed’s glass beverages Agreement provides for the...
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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 Sugar sales continue to...
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NORWALK, Conn., Oct. 30, 2018 (GLOBE NEWSWIRE) -- Reed’s Inc. (NYSE American:REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced that it intends to...
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Enhances Financial Flexibility Reduces Ongoing Financing Costs NORWALK, Conn., Oct. 09, 2018 (GLOBE NEWSWIRE) -- Reed’s Inc. (NYSE American: REED), owner of the nation’s leading portfolio of...
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LOS ANGELES, Sept. 19, 2018 (GLOBE NEWSWIRE) -- Reed’s Inc. (NYSE American:REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced that Val Stalowir,...
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Net sales increased 6%; core brand gross sales increased 13% Gross margin expanded 1340 basis points to 32% and gross profit increased 81% Successfully launched Virgil’s Zero Sugar in cans ...
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Enhances Corporate Structure and Plans to Open New Corporate Office in Norwalk, CT Appoints Iris Snyder as Chief Financial Officer Appoints Philip Trotman as Director of Marketing Appoints Beth...
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LOS ANGELES, July 30, 2018 (GLOBE NEWSWIRE) -- Reed’s Inc. (NYSE American:REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced that it intends to...
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First quarter gross profit doubled as gross margin more than doubled to 27.8% Continued progress on Transformation and Value Creation Plan Launch of Virgil’s Zero Sugar line underway, shipping to...
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LOS ANGELES, May 02, 2018 (GLOBE NEWSWIRE) -- Reed’s Inc. (NYSE American:REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced that Val Stalowir, the...