Reed's (REED) Misses Q2 EPS by 7c, Revenues Beat
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Reed’s, Inc. Announces Second Quarter 2018 Financial Results
August 13, 2018 4:10 PM EDTNet sales increased 6%; core brand gross sales increased 13%
Gross margin expanded 1340 basis points to 32% and gross profit increased 81%
Successfully launched Virgils Zero Sugar in cans
Continued progress on transformation plan
LOS ANGELES, Aug. 13, 2018 (GLOBE NEWSWIRE) -- Reeds Inc. (NYSE American: REED), owner of the nations leading portfolio of handcrafted, all-natural beverages, today announced financial results for the fiscal second quarter 2018 ended June 30, 2018.
Financial... More
