Reed's (REED) Reports In-Line Q2 EPS

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Reed’s, Inc. Announces Second Quarter 2021 Financial Results

August 12, 2021 4:05 PM EDT

NORWALK, Conn., Aug. 12, 2021 (GLOBE NEWSWIRE) -- Reeds Inc. (Nasdaq: REED), (Reeds or the Company) owner of the nations leading portfolio of handcrafted, all-natural beverages, today announced financial results for the fiscal second quarter ended June 30, 2021.

Highlights for the Second Quarter of 2021

Net sales increased 4% to $11.3 million in the second quarter compared to $10.9 million in the prior year. The increase compared to the prior year reflects continued volume growth of both the Reeds® and Virgils®... More