EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 Reed’s Reports Second Quarter 2026 Results Management Team to Host Conference Call Tomorrow at 8:30 a.m. ET Norwalk, CT, (August 11, 2026) - Reed’s, Inc. (NYSE American: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, today announced financial results for the three and six months ended June 30, 2026. Q2 2026 Financial Highlights (vs. Q2 2025): Net sales were $7.5 million compared to $9.5 million. Gross profit was $1.8 million compared to $0.8 million, with gross margin of 24% compared to 8%. Delivery and handling expenses were $2.54 per case compared to $2.95 per case. Selling, general and administrative expenses were $4.7 million compared to $5.0 million. Net loss was $4.3 million compared to $6.0 million. EBITDA1 loss was $4.0 million compared to $5.7 million. Neal Cohane, Reed’s interim CEO, stated, “We are seeing early traction from the corrective actions we took earlier this year, with sequential improvement in net sales, gross margin and overall operating performance. During the quarter, we prioritized our efforts on reengaging key ret…
Open exhibit ↗Current Report · Items 2.02, 9.01 · 8-K
Reed's, Inc.
REEDNYSE_AMERICANEQUITYCurrent
Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On August 11, 2026, Reed’s, Inc., a Delaware corporation (the “Company”), issued a press release announcing financial results for the quarter ended June 30, 2026. The full text of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.…
Company context
We are a branded beverage company offering a portfolio of natural, premium, and functional beverages under the Reed’s and Virgil’s brands. Our products are sold in over 32,000 outlets across the United States and in select international markets. We compete within the approximately $45 billion U.S. carbonated soft drink (“CSD”) market by providing alternatives that we believe are better-for-you, with a focus on real ginger, clean-label ingredients, and functional formulations.
Current securities
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Recent company filings
- Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing · Other EventsAug 14, 2026
- S-8 filingAug 12, 2026
- 10-Q filingAug 12, 2026
- Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Submission of Matters to a Vote of Security HoldersJun 11, 2026
- SCHEDULE 13D/A - filed by DENG Shufen regarding REED'S, INC.Jun 5, 2026