Reed's (REED) Misses Q4 EPS by 1c, Revenues Beat

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Reed’s, Inc. Announces Fourth Quarter and Full Year 2020 Financial Results

March 30, 2021 4:05 PM EDT

Net sales increased 23% in Fiscal 2020

NORWALK, Conn., March 30, 2021 (GLOBE NEWSWIRE) -- Reeds Inc. (Nasdaq: REED), owner of the nations leading portfolio of handcrafted, all-natural beverages, today announced financial results for the fiscal fourth quarter and full year ended December 31, 2020.

Highlights for the Fourth Quarter of 2020

Net sales increased 49% to $10.7 million in the fourth quarter compared to $7.2 million in the prior year. The increase compared to... More