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Why Reed's Stock Is Trading Higher Today

Reed's, Inc. (NASDAQ:REED) shares are trading higher by 13.8% at $1.06 . ....

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Reeds, Inc. (NASDAQ:REED) - Reed's: Q1 Earnings Insights

Quarterly Results
Earnings per share increased 0.00% over the past year to ($0.05), which missed the estimate of ($0.03).
Revenue of $12,146,000 rose by 27.54% from the same period last year, which beat the estimate of $10,900,000.
Guidance
Earnings guidance hasn t been issued by the company for now.
The upcoming fiscal year s revenue expected to be between $47,441,000 and $48,273,000.
Details Of The Call ....

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Handcrafted Beverage Leader, Reed's Inc.®, Introduces New

Handcrafted Beverage Leader, Reed’s Inc.®, Introduces New Range of Resealable Bottles
Reed’s® & Virgil’s™ Debut Resealable 20 oz. Bottles with National C-Store Partners
May 11, 2021 09:05 ET
| Source:
Reeds, Inc.
Reeds, Inc.
NORWALK, Conn., May 11, 2021 (GLOBE NEWSWIRE) Reed’s Inc.
® (Nasdaq: REED), maker of the nation’s leading portfolio of handcrafted, all-natural beverages, announced packaging innovation via the launch of its first-ever resealable format in the company’s 30+ year history.
Now available in proprietary 20 oz. resealable bottles, beverages from Reed’s
®, America’s #1 ginger company, and Virgil’s™, the company’s line of handcrafted, all-natural sodas, bring healthier alternatives to consumers’ on-the-go. Made with only all-natural ingredients, the initial range of includes: ....

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What's Up With Reed's Stock Popping Off Today?

What s Up With Reed s Stock Popping Off Today?
CVS Health Corp (NYSE:CVS).
In a press release Tuesday morning, Reed s shared news of the expanded distribution agreement.
Over the past year, Reed s Inc. has been rapidly expanding our distribution across all channels, and we are excited to increase the availability of Reed s and Virgil s beverages at CVS Pharmacy locations across the country, said Norman Snyder, CEO of Reed s.
Reed s sells handcrafted, all-natural beverages sold in over 40,000 outlets nationwide including the natural and specialty food channel, grocery stores, mass merchants, drug stores and convenience stores. The company s two core brands are Reed s Craft Ginger Beer and Reed s Real Ginger Ale and Virgil s Handcrafted soda. ....

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