Reed's (REED) Misses Q3 EPS by 3c

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Go back to Reed's (REED) Misses Q3 EPS by 3c

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

November 13, 2019 4:05 PM EST

NORWALK, Conn., Nov. 13, 2019 (GLOBE NEWSWIRE) -- Reeds Inc. (Nasdaq: REED), owner of the nations leading portfolio of handcrafted, all-natural beverages, today announced financial results for the fiscal third quarter ended September 30, 2019.

Highlights for the Third Quarter of 2019

Consistent with the preliminary net sales results released on September 30, 2019, third quarter net sales were $8.7 million, a 19% decrease compared with the prior year due to the sale of the private label business at the end of 2018 and the discontinuation of non-core... More