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

November 9, 2021 4:05 PM EST

NORWALK, Conn., Nov. 09, 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 third quarter ended September 30, 2021.

Highlights for the Third Quarter of 2021

Net sales increased 27% to $13.4 million in the third quarter compared to $10.6 million in the prior year. The increase compared to the prior year reflects continued volume growth of both the Reeds® and... More