Why Reed's Stock Is Trading Higher Today
Reed's, Inc. (NASDAQ:REED) shares are trading higher by 13.8% at $1.06 ...
Source: benzinga.com
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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
Source: benzinga.com
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,...
Source: benzinga.com