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Reed's (REED)
:REED
Earnings Data
Report Date
May 19, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.03Last Year’s EPS
-0.4Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 25, 2025
|% Change Since: -2.96%
|Next Earnings Date:May 19, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant strategic initiatives and operational improvements, including a successful private placement and the launch of a new product line. However, these positives were offset by declines in net sales, increased operating expenses, and negative EBITDA, reflecting ongoing financial challenges.Company Guidance
In the call, Reed's provided guidance centered on strategic initiatives aimed at driving future growth and profitability. The company emphasized the completion of a $10 million private placement, which is being utilized to rebuild inventory, enhance sales and marketing efforts, and expand personnel. Reed's highlighted the launch of a new multifunctional soda line, expected to secure over 8,000 distribution points and hit shelves between April and August 2025. Additionally, improvements in gross margin were noted, with delivery and handling costs reduced by 10% in Q4. The focus on transitioning from glass bottles to cans and enhancing co-packing partnerships has also led to logistical efficiencies and gross margin improvements in the low to mid-30% range. Despite a decline in net sales for 2024, attributed to inventory constraints, the company remains optimistic about a return to growth in 2025, supported by new product launches and expanded distribution channels.Strategic Initiatives for Long-term Success
Reed's implemented strategic initiatives to strengthen financial and operational foundations, positioning the company for long-term success with streamlined operations and enhanced efficiencies.
Successful Completion of $10 Million Private Placement
A $10 million private placement was completed, providing enhanced financial flexibility and enabling optimal inventory levels to meet customer demand.
Launch of New Multifunctional Soda Line
Reed's launched a new multifunctional soda line with organic ginger, adaptogen mushroom extracts, and prebiotic fiber, securing over 8,000 points of distribution.
Gross Margin Improvement
Gross margin improved to 30% in Q4 2024 from 4% in the year-ago quarter, driven by cost optimization and supply chain improvements.
Reduction in Delivery and Handling Costs
Delivery and handling costs were reduced by 10% in Q4 2024, contributing to improved operational efficiency.
Strengthened Leadership Team
Appointment of Douglas McCurdy as CFO and Salvatorre Vassallo as VP of Operations to drive financial management and supply chain optimization.
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REED Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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REED Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 25, 2025 | $1.35 | $1.42 | +5.19% |
| Nov 14, 2024 | $1.25 | $1.12 | -10.40% |
| Aug 13, 2024 | $1.42 | $1.52 | +7.04% |
| May 14, 2024 | $1.52 | $1.51 | -0.66% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Reed's (REED) report earnings?
Reed's (REED) is schdueled to report earning on May 19, 2025, TBA Not Confirmed.
What is Reed's (REED) earnings time?
Reed's (REED) earnings time is at May 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is REED EPS forecast?
REED EPS forecast for the fiscal quarter 2025 (Q1) is -0.03.
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