Reed’s, Inc. Provides Preliminary First Quarter 2020 Results and Reiterates Fiscal 2020 Annual Guidance
REEDS INC (REED)
Last reeds inc earnings: 3/12 04:14 pm
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reedsinc.com/investors
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Source: GlobeNewswire
First Quarter 2020 Net Sales are Expected to Increase 4.2% to 6.5% YOY First Quarter Modified EBITDA Estimated to Improve to Between ($1.8) to Million ($1.6) Million Compared to ($2.3) Million in the Prior Year Reiterates Fiscal 2020 Core Brand Net Sales Growth Expectation of Approximately 10.0% YOY NORWALK, Conn., April 16, 2020 (GLOBE NEWSWIRE) -- Reed’s Inc. (Nasdaq:REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today reiterated its fiscal 2020 net sales and gross margin guidance and provided preliminary financial results for the first quarter of fiscal 2020, as reflected in the Company’s Current Report on Form 8-K filed on April 15, 2020 with the Securities and Exchange Commission. Estimated First Quarter 2020 Financial Results Net sales are expected to increase between 4.2% to 6.5% to approximately $8.8 million to $9.0 million compared to $8.4 million in the prior year period;Gross margin is estimated to be approximately 28.
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REED
News
- Reed's, Inc. (NYSE: REED) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Reed's, Inc. (NYSE: REED) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Reed's, Inc. (NYSE: REED) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Reed's, Inc. (NYSE: REED) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Here's Why Reeds (REED) Is a Great 'Buy the Bottom' Stock Now [Yahoo! Finance]Yahoo! Finance
REED
Earnings
- 11/14/24 - Miss
REED
Sec Filings
- 12/20/24 - Form PRE
- 12/6/24 - Form 4
- 12/6/24 - Form SC
- REED's page on the SEC website