Reed's Reports Fourth Quarter and Full Year 2024 Results

NORWALK, Conn., March 25, 2025 (GLOBE NEWSWIRE) -- Reed’s, Inc. (OTCQX: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, is reporting financial results for the three months and twelve months ended December 31, 2024. Q4 2024 Financial Highlights (vs. Q4 2023): Net sales were $9.7 million compared to$11.7 million.Gross profit increased more than 5x to $2.9 million compared to$0.5 million, with gross margin of 30.0% compared to 4.0%. This in ...