Reed’s Inc. Announces New Strategic Partnerships Planned to Drive Significant Improvements in Net Margins and Profitability
Reeds, Inc. (REED)
Last reeds, inc. earnings: 3/12 04:14 pm
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Source: GlobeNewswire
LOS ANGELES, Dec. 04, 2017 (GLOBE NEWSWIRE) -- Reed’s, Inc. (NYSE American:REED), one of the nation’s leading portfolios of handcrafted, all-natural beverages announced that it has secured multi-year contracts with Owen-Illinois as its exclusive glass supplier and R.C. Moore as its primary logistics partner for North America. The Company also announced the engagement of Gordon Brothers to lead the Company’s process of evaluating and maximizing the value of its operational and non-core assets. “It was clear when I joined Reed’s that it was critical to streamline the business in order to focus on our core Reed’s and Virgil’s brands to drive growth at higher margins. After a thorough review of the business, I am pleased to announce the securing of these three world-class partnerships. We believe their combined efforts will support driving significant improvements in the Company’s profitability, cash flows and net margins in 2018 and beyond. The improvements from lower glass and lo
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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
- Reeds (REED) Upgraded to Buy: Here's What You Should Know [Yahoo! Finance]Yahoo! Finance
- Reed's, Inc. (NYSE: REED) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Reed's Reports Fourth Quarter and Full Year 2023 Results and Issues 2024 Financial Outlook [Yahoo! Finance]Yahoo! Finance
REED
Earnings
- 11/9/23 - Beat
REED
Sec Filings
- 4/4/24 - Form 4/A
- 4/3/24 - Form 8-K/A
- 4/2/24 - Form 8-K
- REED's page on the SEC website