Reed's (REED) Reports Q3 Loss of $0.02/Share
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/16/2026
- Wall St ends lower after Fed hikes interest rates, sees more tightening ahead
- Oil slips as Saudi Arabia offers more crude via Oman
- JPMorgan Fed scenario analysis: 5 paths for the S&P 500 today
- Exclusive-SK Hynix in talks with Intel about deal to make memory chips in US for the first time, sources say
- Trade the FOMC: How stocks tend to perform on Fed hike days
- Generac strikes $8B supply deal with Amazon for data center power
- U.S. Commerce Department to sell up to 9.9M GlobalFoundries shares
- AI chip sell-off overblown: Zero GPU slowdown after Anthropic essay, analyst says
- Wall Street ends lower as oil spikes and the benchmark Treasury yield breaches 5%
- Wall St ends lower after Fed hikes interest rates, sees more tightening ahead
Reed's, Inc. Announces Record Third Quarter Revenues; Improvements Drive Positive Operating Income
October 13, 2016 4:05 PM EDTLOS ANGELES, Oct. 13, 2016 (GLOBE NEWSWIRE) -- Reeds, Inc. (NYSE MKT: REED), maker of the top-selling sodas in natural food stores nationwide, today announced the financial results for its fiscal third quarter ended September 30, 2016.
Financial Overview:
For the third quarter 2016 compared to the third quarter 2015:
Third quarter volume increased 18.1%Third quarter net sales increased 15.1% to a record $12.3 million from $10.7 millionThird quarter gross margin improved to 23.4% from 14.6%Delivery and handling costs... More