Breaking News

Over a week ago
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Downgrade
Reed's downgraded to Hold from Buy at Maxim » 08:05
11/14/22
11/14
08:05
11/14/22
08:05
REED

Reed's

/

+

Maxim analyst Anthony…

Maxim analyst Anthony Vendetti downgraded Reed's to Hold from Buy without a price target. The company's Q3 results disappointed as its path to profitability is delayed, Vendetti tells investors in a research note. Reed's reported another quarter of lower than expected revenue as shipment delays pushed sales into Q4, and reduced guidance as a result of lower sales velocities, says the analyst. He reduced estimates to reflect "multiple headwinds."

ShowHide Related Items >><<
REED Reed's
/

+

Over a month ago
Syndicate
Reed's files to sell common stock, no amount given » 17:25
10/31/22
10/31
17:25
10/31/22
17:25
REED

Reed's

/

+

Roth Capital Partners is…

Roth Capital Partners is acting as sole book-running manager.

ShowHide Related Items >><<
REED Reed's
/

+

Hot Stocks
Reed's REAL Cranberry Ginger Ale expands to three regions, covering 26 states » 08:14
10/05/22
10/05
08:14
10/05/22
08:14
REED

Reed's

/

+

Reed's (REED)…

Reed's (REED) announced the expansion of Reed's seasonal REAL Cranberry Ginger Ale distribution. Reed's REAL Cranberry Ginger Ale will now be available in-store in the Northwest, Midwest and Southeast Regions, covering 26 States. "After an overwhelmingly positive response from consumers to our Reed's REAL Ginger Ale Cranberry launch in 2021, the demand to bring it back and make it available in more retail locations has grown tremendously," shared Norman Snyder, CEO of Reed's Inc. "We're thrilled to bring our ginger-loving fans this seasonal flavor, just in time for the holidays."

ShowHide Related Items >><<
REED Reed's
/

+

Hot Stocks
Reed's receives positive Nasdaq listing determination » 08:17
10/03/22
10/03
08:17
10/03/22
08:17
REED

Reed's

/

+

Reed's announced…

Reed's announced that, by decision dated September 28, 2022, a Nasdaq Hearings Panel granted Reed's request for an extension until February 13, 2023 to continue the listing of Reed's common stock on The Nasdaq Capital Market. The extension is subject to the Company's timely satisfaction of certain interim milestones and, ultimately, the Company's compliance with all applicable criteria for continued listing on Nasdaq, including the $1.00 bid price and minimum $2.5 million stockholders' equity requirements. "We are pleased that the Nasdaq Hearings Panel has provided us with this extension," said Norman Snyder, CEO of Reed's. "We presented the panel our operating plan that includes several business initiatives which are on track and should contribute to regaining our compliance with Nasdaq, including the continued growth of our flagship Reed's Ginger Beer and Virgil's portfolios, ramping of our RTD alcohol portfolio, various product launches and further expansion of our swing-lid portfolio. Coupled with our various supply chain, transportation and cost saving programs, we believe the value generated by these initiatives will be realized in the broader market and should support our goal of regaining compliance with Nasdaq listing requirements."

ShowHide Related Items >><<
REED Reed's
/

+

Over a quarter ago
Hot Stocks
Reed's partners with Sprouts for limited-edition Harvest Spiced Apple Cider » 08:17
08/18/22
08/18
08:17
08/18/22
08:17
REED

Reed's

/

+

, SFM

Sprouts Farmers Market

$30.32 /

-0.26 (-0.85%)

Reed's announced the…

Reed's announced the launch of the new Reed's Harvest Spiced Apple Cider. Reed's Harvest Spiced Apple Cider will be available in approximately 380 Sprouts Farmers Market stores nationwide in classic half-liter, glass swing-lid packaging. This launch will supplement the Company's current Sprouts product offerings which include the Reed's Limited Edition Flying Cauldron Butterscotch Cream Soda and Virgil's Bavarian Nutmeg Root Beer.

ShowHide Related Items >><<
SFM Sprouts Farmers Market
$30.32 /

-0.26 (-0.85%)

REED Reed's
/

+

REED Reed's
/

+

08/25/21 Roth Capital
Reed's assumed with a Buy at Roth Capital
SFM Sprouts Farmers Market
$30.32 /

-0.26 (-0.85%)

05/05/22 BofA
BofA double downgrades Sprouts to sell on price hikes, inflation
05/05/22 BofA
Sprouts Farmers Market downgraded to Underperform from Buy at BofA
04/29/22 BofA
Sprouts Farmers Market double upgraded to Buy at BofA on EPS upside
04/29/22 BofA
Sprouts Farmers Market upgraded to Buy from Underperform at BofA
SFM Sprouts Farmers Market
$30.32 /

-0.26 (-0.85%)

REED Reed's
/

+

SFM Sprouts Farmers Market
$30.32 /

-0.26 (-0.85%)

Hot Stocks
Reed's launches Zero Sugar Stormy Mule » 09:03
08/11/22
08/11
09:03
08/11/22
09:03
REED

Reed's

/

+

Reed's announced the…

Reed's announced the launch of the Reed's Zero Sugar Stormy Mule across the West Coast. Building off the Classic Mule, the Stormy Mule is the ultimate ready-to-drink, RTD crafted beverage from the #1 Ginger Beer makers of in the US. The Stormy Mule is a keto-friendly take on the iconic Dark and Stormy and is naturally brewed with REAL, fresh ginger root and natural rum flavor with no added sugars. Hitting the shelves just in time to provide a tasty and refreshing libation to kick-back with during the August sun, the new Zero Sugar Stormy Mule contains 7% alcohol, and a light-spice profile with no artificial colors, gluten, GMOs or caffeine.

ShowHide Related Items >><<
REED Reed's
/

+

REED Reed's
/

+

08/25/21 Roth Capital
Reed's assumed with a Buy at Roth Capital
REED Reed's
/

+

Hot Stocks
Reed's debuts spiked Ginger Ale » 08:29
08/04/22
08/04
08:29
08/04/22
08:29
REED

Reed's

/

+

Reed's announced the…

Reed's announced the launch of Reed's Hard Ginger Ale. Building upon the brand's fan-favorite, REAL Ginger Ale, this latest addition to Reed's lineup of full-bodied, premium ginger beverages will begin to hit shelves during the third and fourth quarter of 2022. "Our research indicates that sixty-five percent of consumers use ginger ale as a cocktail mixer, and 80% of those people are interested in a convenient RTD option. Formulating our, Hard Ginger Ale was a natural next step to elevate our current ginger beverage lineup," said Norman Snyder, CEO of Reed's Inc. "With the accelerating growth of the RTD alcohol category, we expect to continue leading the industry in 'all things Ginger' with the introduction of Reed's Hard Ginger Ale."

ShowHide Related Items >><<
REED Reed's
/

+

REED Reed's
/

+

08/25/21 Roth Capital
Reed's assumed with a Buy at Roth Capital
REED Reed's
/

+

Hot Stocks
Reed's launches swing-lids in 630 Cracker Barrel stores » 08:12
07/28/22
07/28
08:12
07/28/22
08:12
REED

Reed's

/

+

, CBRL

Cracker Barrel

$92.94 /

+3.21 (+3.58%)

Reed's announced…

Reed's announced that Cracker Barrel Old Country Store, Inc., headquartered in Lebanon, Tennessee, will carry Flying Cauldron Butterscotch Beer and Virgil's Bavarian Nutmeg Root Beer 500 ml swing-lid bottles in all 630 of its corporate-owned retail locations. Initially launched as a limited-edition item in select locations, Cracker Barrel will now offer Virgil's Bavarian Nutmeg Root Beer full time across their national footprint. The pint-sized glass bottles feature a ceramic swing-lid resealable top

ShowHide Related Items >><<
REED Reed's
/

+

CBRL Cracker Barrel
$92.94 /

+3.21 (+3.58%)

REED Reed's
/

+

08/25/21 Roth Capital
Reed's assumed with a Buy at Roth Capital
CBRL Cracker Barrel
$92.94 /

+3.21 (+3.58%)

06/27/22 BofA
Cracker Barrel downgraded to Underperform from Neutral at BofA
06/23/22 Truist
Cracker Barrel price target lowered to $94 from $104 at Truist
06/09/22 Deutsche Bank
Cracker Barrel price target lowered to $109 from $140 at Deutsche Bank
06/08/22 MKM Partners
Cracker Barrel price target lowered to $110 from $115 at MKM Partners
REED Reed's
/

+

CBRL Cracker Barrel
$92.94 /

+3.21 (+3.58%)

CBRL Cracker Barrel
$92.94 /

+3.21 (+3.58%)

Syndicate
Reed's files to sell 22.5M shares of common stock for holders  06:15
06/24/22
06/24
06:15
06/24/22
06:15
REED

Reed's

/

+

 
ShowHide Related Items >><<
REED Reed's
/

+

REED Reed's
/

+

08/25/21 Roth Capital
Reed's assumed with a Buy at Roth Capital
REED Reed's
/

+

Syndicate
Reed's announces $11.25M convertible senior note offering » 08:26
05/10/22
05/10
08:26
05/10/22
08:26
REED

Reed's

/

+

Reed's announced the…

Reed's announced the completion of a private placement of senior secured convertible notes in the aggregate principal amount of $11,250,000 with certain funds managed or advised by Whitebox Advisors LLC. The principal amount of the Notes carries a 10% coupon, of which 5% is payable in cash and 5% is payable in kind and capitalized to the outstanding principal amount of the Notes. The Notes are convertible into shares of common stock at a price of approximately $0.24 per share and will mature on May 9, 2025.

ShowHide Related Items >><<
REED Reed's
/

+

REED Reed's
/

+

08/25/21 Roth Capital
Reed's assumed with a Buy at Roth Capital
REED Reed's
/

+

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.