REED'S, INC. (REED) Reed's, Inc. (symbol: REED) operates as a manufacturer and distributor of premium, all-natural handcrafted beverages. These artisanal concoctions, part of the craft specialty foods sector, are available across a wide geographical footprint, spanning the United States, Canada, Asia, Europe, Australia, and South America. The company's product line features Reed's craft ginger beers, genuine ginger ales, and ready-to-drink selections, alongside Virgil's artisanal sodas, ginger candy, and a broader array of ginger-infused drinks, all primarily marketed under the Reed's brand. Reed's offerings reach consumers through a diverse sales network, including natural and gourmet food establishments, major grocery retailers, mass merchants, club stores, convenience and drug stores, liquor stores, institutional cafeterias, and on-premise dining and bar venues. Distribution is facilitated via third-party distributors, independent partners, and direct-to-store channels. Beyond its core distribution, the company also engages in significant international exports to specific markets such as France, the United Kingdom, South Africa, various Caribbean nations, Spain, the Philippines, and Israel, as well as broader regions in Australia, Asia, Europe, and South America. Founded in 1987, the enterprise was originally incorporated as Original Beverage Corporation, later adopting the Reed's, Inc. name in 2001. Its corporate headquarters are situated in Norwalk, Connecticut.
Sector: Bottled & Canned Soft Drinks & Carbonated Waters
Industry: Beverages - Non-Alcoholic
Reed's, Inc. NYSE:REED Consumer Defensive · Beverages - Non-Alcoholic
AH Close $0.6300 vs close AH Close $0.6300 -4.21% vs close
All Press Release SEC Filings News
Press Release
Reed’s Provides Response to Unusual Market Action
Reed's, Inc. issued a routine NYSE American Section 401(d) response after observing unusual trading in its stock on October 20-21, 2026.
The company said it has been unable to determine whether corrective action is appropriate and knows of no material development in its business not previously disclosed.
The release contains no new financial or operational information; it neither confirms nor denies any catalyst for the trading activity.
• 5d ago AI analysis › Press Release ⚠ 4
Reed’s Refinances $9.25 Million Senior Secured Credit Facility, Strengthens Balance Sheet
Reed's refinanced its $9.25 million senior secured credit facility with Whitebox Advisors as lender, converting revolving commitments into a term loan maturing June 30, 2027, with an optional three-month extension to September 30, 2027.
The term loan carries 8.75% interest (9.25% during the extension period), eliminates the unused revolving loan fee, and waives the liquidity covenant through November 6, 2026.
The refinancing is conditioned on Reed's raising at least $10.0 million in cash equity contributions by November 6, 2026 -- implying a near-term equity raise and dilution risk for a micro-cap beverage company.
• 26d ago AI analysis › Press Release ● Major ⚠ 3
Reed’s Receives NYSE Deficiency Notification Regarding Stockholders’ Equity
Reed's received a deficiency notice from NYSE American citing a stockholders' deficit of $1.5 million and net losses in the five most recent fiscal years.
The exchange accepted the company's previously submitted plan to regain compliance, setting a deadline of November 29, 2027, to meet continued listing standards.
Shares will continue to trade on the NYSE American during this period, subject to the company's compliance with other listing requirements.
• 2mo ago AI analysis › News
Head-To-Head Review: Reeds (OTCMKTS:REED) & Pernod Ricard (OTCMKTS:PDRDF)
defenseworld.net • 2mo ago SEC Filing ● Critical ⚠ 7
REED: 10-Q · periodic report
Reed's 10-Q for the quarter ended June 30, 2026 raises substantial doubt about the company's ability to continue as a going concern. The company reported a six-month net loss of $10.7 million, ended the quarter with just $2.4 million in cash and a $1.5 million stockholders' deficiency, and faces a $9.25 million senior secured loan maturing September 30, 2026 with no remaining availability under the facility.
The filing also discloses that NYSE American notified Reed's on May 29, 2026 that it is out of compliance with continued listing standards requiring at least $4.0 million in stockholders' equity. The company submitted a remediation plan on June 26, 2026 targeting compliance by November 29, 2027, and its shares now carry a '.BC' below-compliance designation, though they continue to trade under the symbol REED.
Operationally, second-quarter net sales fell 21% year over year to $7.5 million, though gross margin improved sharply to 24% from 8% and the quarterly net loss narrowed to $4.3 million from $6.0 million. First-half net sales declined 25% to $14.6 million on volume declines in both the Reed's and Virgil's brands.
Former CEO Cyril A. Wallace, Jr. separated from the company on April 16, 2026, with Neal M. Cohane serving as Interim CEO. The company is also funding an Asia-Pacific expansion through a new subsidiary structure that has not yet generated material sales.
SEC 10-Q • 2mo ago AI analysis › News
Reed's, Inc. (REED) Q2 2026 Earnings Call Transcript
seekingalpha.com • 2mo ago Press Release ⚠ 3
Reed’s Reports Second Quarter 2026 Results
Reed's reported Q2 2026 net sales of $7.5 million, down from $9.5 million in the prior year, while narrowing its net loss to $4.3 million from $6.0 million.
Gross margin improved significantly to 24% compared to 8% a year ago, driven by lower inventory write-offs.
The company highlighted sequential improvements in sales and margins but remains focused on stabilizing the business and evaluating financing alternatives.
• 2mo ago AI analysis › Press Release
Reed’s Schedules Second Quarter 2026 Conference Call for August 12 at 8:30 a.m. ET
Reed's announced it will host a conference call on August 12, 2026, at 8:30 a.m. ET to discuss its financial results for the second quarter of 2026.
The company plans to issue its full Q2 earnings press release prior to the start of the call.
Management will host the session followed by a Q&A, accessible via webcast or toll-free dial-in.
• 2mo ago AI analysis › SEC Filing
REED: 8-K · proxy statement
Reed's, Inc. stockholders approved the 2026 Equity Incentive Plan at the annual meeting held on June 10, 2026. The plan authorizes the issuance of up to 1.3 million shares of common stock, with an automatic annual increase of 5% of outstanding shares for ten years.
The advisory vote on executive compensation (say-on-pay) passed with 7,068,913 votes in favor and 5,756 votes against. This indicates strong stockholder support for the company's current compensation practices.
The filing also includes the full text of the new equity plan, which replaces prior incentive plans and allows for various awards including options, RSUs, and performance awards.
SEC 8-K • 4mo ago AI analysis › Press Release ⚠ 3
Reed’s Receives NYSE Deficiency Notification Regarding Stockholders’ Equity
Reed’s Inc. received a deficiency notice from NYSE American for failing to meet stockholders' equity and profitability listing standards.
The company reported stockholders' equity of just $2.7 million as of March 31, 2026, and has posted net losses in each of its five most recent fiscal years.
Reed’s has until June 28, 2026, to submit a compliance plan and until November 29, 2027, to regain full compliance, during which time its stock will continue to trade on NYSE American.
• 4mo ago AI analysis › SEC Filing ● Major ⚠ 4
REED: 10-Q · periodic report
Reed’s, Inc. reported a net loss of $6,464 for the three months ended March 31, 2026, a significant increase from the net loss of $2,031 in the prior year. This was primarily driven by lower gross profit and higher operating expenses.
Net sales decreased by 29% to $7,142 in the first quarter of 2026, compared to $10,029 in the prior year. The decline was mainly due to lower volumes with recurring national customers and higher promotional and other allowances.
The company’s cash balance as of March 31, 2026, was $4,580, down from $10,424 at the end of 2025. The decrease in cash was primarily due to operating losses, working capital, and investment in strategic growth initiatives.
Reed’s, Inc. has no remaining availability under its Senior Secured Loan, which could impact its ability to fund future operations and growth initiatives.
SEC 10-Q • 5mo ago AI analysis › News
Reed's, Inc. (REED) Q1 2026 Earnings Call Transcript
seekingalpha.com • 5mo ago SEC Filing ● Major ⚠ 4
REED: 8-K · earnings release
Reed’s, Inc. reported a significant decline in financial performance for the first quarter of 2026. Net sales were $7.1 million, down 29.8% from $10.0 million in the same period last year. Gross profit fell to $0.7 million from $3.4 million, with gross margin dropping from 34% to 10%. The company attributes these declines to inventory rationalization, elevated SG&A expenses, and gross margin pressure from higher input costs.
Selling, general and administrative expenses increased to $5.8 million from $3.5 million, primarily due to investments in personnel and marketing to support the Company’s Asia growth initiative. The net loss for the quarter was $6.5 million, or $(0.55) per share, compared to a net loss of $2.0 million, or $(0.27) per share, in the prior year period. EBITDA was $(6.2) million, a significant deterioration from $(1.7) million in Q1 2025.
Despite the poor performance, interim CEO Neal Cohane stated that the results are not indicative of the expected performance for the rest of the year. The company has initiated several corrective actions, including increased engagement with retail and distribution partners, enhanced inventory management, and targeted reductions in headcount and marketing expenses. These actions are intended to stabilize the business and position it for profitable growth.
Reed’s also appointed Damian Warshall as Chief Operating Officer to support the execution of these initiatives. The company will host a conference call on May 13, 2026, at 8:30 a.m. ET to discuss the results and provide further details on the corrective actions being taken.
SEC 8-K • 5mo ago AI analysis › Press Release ● Major
Reed's Reports First Quarter 2026 Results
globenewswire.com • 5mo ago Press Release
Reed’s Schedules First Quarter 2026 Conference Call for May 13 at 8:30 a.m. ET
Reed’s, Inc. announced it will host a conference call on May 13, 2026, to discuss its financial results for the first quarter ended March 31, 2026.
Management will present the results at 8:30 a.m. ET, followed by a question-and-answer session for analysts and investors.
The call can be accessed via telephone dial-in or a live webcast on the company's investor relations website.
• 5mo ago AI analysis › Press Release
Reed’s Announces Appointment of Damian Warshall as Chief Operating Officer
globenewswire.com • 6mo ago Recent SEC filings with analysis 
