Last $5.89 USD
Change Today -0.11 / -1.83%
Volume 43.6K
As of 2:29 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

reed's inc (REED) Snapshot

Open
$5.99
Previous Close
$6.00
Day High
$6.13
Day Low
$5.87
52 Week High
01/6/14 - $8.98
52 Week Low
06/2/14 - $4.26
Market Cap
76.9M
Average Volume 10 Days
39.5K
EPS TTM
$-0.02
Shares Outstanding
13.1M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for REED'S INC (REED)

Related News

No related news articles were found.

reed's inc (REED) Related Businessweek News

No Related Businessweek News Found

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 Announces Expansion Plan to Triple Los Angeles Plant Capacity

Reed's, Inc. announced it is expanding its Los Angeles plant, spending up to $1.5 million to replace existing equipment and triple the speed of production. Reed says the project equipment purchasing is already 40% complete, and the whole project is expected to finish by the spring of 2015. The company's current bank line expires in November, and Reed's has multiple proposals from leading banks that will cut interest expenses at least by 50%. Each of these proposals include an equipment purchase equity line as part of this refinancing to cover the new equipment being purchased.

REEDS, Inc. Announces New Product Marries Coffee and Kombucha

Reed's, Inc. announced it is adding an organic coffee kombucha product to its line-up of Reed's Culture Club Kombucha, coming to shelves across the country this fall. The kombucha culture is traditionally grown in a tea base. The company decided to try to grow the culture in a coffee base instead and were excited by the results. With 83% of American adults drinking coffee every day, it made sense to marry an organic coffee with signature long-aged kombucha. Instead of growing the kombucha culture in Oolong and Yerba Mate tea as in the other Reed's Culture Club Kombucha products, this new product is grown in brewed organic coffee. According to Reed, this enhances the already bold kombucha drink and creates a unique, delicious flavor. The Reed's team has conducted dozens of rounds of taste testing to make the recipe just right, and long-ages the kombucha to maximize the flavor and nutritional potential. The nine varieties of raw, live and organic Reed's Culture Club Kombucha, as well as the companies other brands -- Reed's Ginger Brews and Virgil's Natural Sodas -- are sold nationwide in natural food stores and mainstream grocery stores across the country.

Reed's, Inc. Announces Reed's Culture Club Kombucha Now Available at Hy-Vee Stores

Reed's, Inc. announced that the Hy-Vee, Inc. has agreed to begin carrying six flavors of Reed's Culture Club Kombucha in approximately 125+ of their supermarkets in the Midwest: Lemon Ginger Raspberry, Hibiscus Ginger Grapefruit, Goji Ginger, Cabernet Grape, Passion Mango Ginger and Coconut Water Lime Kombucha. Hy-Vee, Inc. operates 230+ supermarkets throughout eight Midwestern states and ranks among the top 25 supermarkets in the U.S.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
REED:US $5.89 USD -0.11

REED Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Cott Corp C$8.05 CAD -0.10
Jones Soda Co $0.43 USD +0.004
Monster Beverage Corp $90.46 USD +0.02
National Beverage Corp $19.40 USD -0.09
JM Smucker Co/The $100.24 USD +0.02
View Industry Companies
 

Industry Analysis

REED

Industry Average

Valuation REED Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 2.0x
Price/Book 20.0x
Price/Cash Flow NM Not Meaningful
TEV/Sales 1.8x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact REED'S INC, please visit www.reedsinc.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.