Last $5.20 USD
Change Today +0.09 / 1.76%
Volume 22.4K
REED On Other Exchanges
Symbol
Exchange
NYSE Amex
Berlin
As of 8:04 PM 04/15/14 All times are local (Market data is delayed by at least 15 minutes).

reed's inc (REED) Snapshot

Open
$5.11
Previous Close
$5.11
Day High
$5.20
Day Low
$5.06
52 Week High
01/6/14 - $8.98
52 Week Low
04/26/13 - $3.99
Market Cap
67.8M
Average Volume 10 Days
65.5K
EPS TTM
$-0.09
Shares Outstanding
13.0M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for REED'S INC (REED)

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reed's inc (REED) Details

Reed’s, Inc., together with its subsidiaries, develops, manufactures, markets, and sells natural non-alcoholic carbonated soft drinks, kombucha, candies, and ice creams primarily in the United States, Canada, Europe, and Asia. It offers 24 beverages, 4 candies, and 3 ice creams. The company’s products include ginger brews under the Reed’s name; root beer, cream sodas, Dr. Better products, and real cola under the Virgil’s name; diet sodas under the Virgil’s ZERO name; Culture Club Kombucha, a fermented tea; China colas; ginger chews and ginger ice creams under the Reed’s name; sparkling juices under the Sonoma Sparkler name; and coconut water, yogurt, and fresh juices. It also designs and manufactures sparkling juices, waters, and teas. Reed’s, Inc. sells its products to specialty gourmet and natural food stores, supermarket chains, retail stores, and restaurants through a network of natural, gourmet, and independent distributors; internal sales force; and independent sales representatives. The company was formerly known as Original Beverage Corporation and changed its name to Reed’s, Inc. in 2001. Reed’s, Inc. was founded in 1987 and is based in Los Angeles, California.

61 Employees
Last Reported Date: 03/25/14
Founded in 1987

reed's inc (REED) Top Compensated Officers

Founder, Chairman, Chief Executive Officer an...
Total Annual Compensation: $246.0K
Compensation as of Fiscal Year 2013.

reed's inc (REED) Key Developments

Reed's, Inc. Announces Distribution Partnership with Haralambos Beverage Company in Southern California

Reed's, Inc. announced that it has partnered with Haralambos Beverage Company (HBC) to begin immediate distribution of the full line of Reed's Ginger Brews, Virgil's Root Beers and Reed's Culture Club Kombucha throughout southern California. HBC is best known for pioneering consumer trends, servicing both on and off-premise outlets. Currently, HBC manages distribution for over 70 suppliers, including a wide variety of local, craft and imported beers including Sierra Nevada, Genesee, Fat Tire, Fireman's Brew, Carlsberg Lager, Kronenborg and Sapporo. Additionally, the HBC portfolio includes numerous cutting edge national brands of dairy, juices, waters, functional beverages and teas distributed throughout the region of Los Angeles, San Bernardino, Orange, Riverside, and Kern Counties.

REEDS, Inc. Announces Unaudited Earnings Results for the Year Ended December 31, 2013

REEDS, Inc. announced unaudited earnings results for the year ended December 31, 2013. For the year, the company announced sales, net of $37,281,000 compared to $30,007,000 for the same period a year ago. Loss from operations was $869,000 compared to income from operations of $136,000 for the same period a year ago. Net loss attributable to common stockholders was $1,525,000 compared to $569,000 for the same period a year ago. Loss per share attributable to common stockholders - basic and diluted was $0.12 compared to $0.05 for the same period a year ago. Modified EBITDA income from operations was $13,000 compared to $1,004,000 for the same period a year ago. Net sales grew just 24% due to increases in promotional activity throughout the year. This promotional activity includes launch-related costs for Kombucha line and general marketing incentives given across the board, totaling nearly $5 million for the year, an increase of $2 million over 2012, from 9% in 2012 to 12% in 2013 of gross revenue.

REEDS, Inc., 2013 Earnings Call, Mar 25, 2014

REEDS, Inc., 2013 Earnings Call, Mar 25, 2014

 

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REED

Industry Average

Valuation REED Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.7x
Price/Book 20.1x
Price/Cash Flow NM Not Meaningful
TEV/Sales 1.6x
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