Reed's Overview
- Year Founded
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1989
- Status
-
Public
- Employees
-
21
- Stock Symbol
-
REED
- Investments
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1
- Share Price
-
$1.30
- (As of Friday Closing)
Reed's General Information
Description
Reed's Inc sells Ginger Beer brand. The company's portfolio of handcrafted, all natural beverages is sold in over 45,000 outlets nationwide including the natural and specialty food channel, grocery stores, mass merchants, drug stores, convenience stores, club stores, and on-premise locations including bars and restaurants. The company's two core brands are Reed's, which includes Reed's Craft Ginger Beer, Reed's Real Ginger Ale, Reed's Mules, and Reed's Hard Ginger Ale; and Virgil's Handcrafted sodas.
Contact Information
Website
www.drinkreeds.comCorporate Office
- 201 Merritt 7
- Norwalk, CT 06851
- United States
Corporate Office
- 201 Merritt 7
- Norwalk, CT 06851
- United States
Reed's Timeline
Reed's Stock Performance
As of 21-Mar-2025, Reed's’s stock price is $1.30. Its current market cap is $59M with 45.4M shares.
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $1.30 | $1.25 | $0.51 - $2.42 | $59M | 45.4M | 6.43K | -$4.09 |
Reed's Financials Summary
As of 30-Sep-2024, Reed's has a trailing 12-month revenue of $39.9M.
|
In Thousands, USD |
TTM 30-Sep-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 38,661 | 32,816 | 30,986 | 41,621 |
| Revenue | 39,914 | 44,711 | 53,041 | 49,599 |
| EBITDA | (9,288) | (9,136) | (14,609) | (14,958) |
| Net Income | (15,631) | (15,523) | (20,057) | (16,402) |
| Total Assets | 15,033 | 18,883 | 25,487 | 26,321 |
| Total Debt | 27,188 | 27,576 | 21,894 | 10,784 |
Reed's Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Reed's Comparisons
Industry
Financing
Details
Reed's Competitors (10)
One of Reed's’s 10 competitors is Zevia, a Formerly PE-Backed company based in Los Angeles, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Zevia | Formerly PE-Backed | Los Angeles, CA | ||||
| Talking Rain | Corporation | Preston, WA | ||||
| Fever-Tree | Formerly PE-Backed | London, United Kingdom | ||||
| Royal Crown Cola | Corporate Backed or Acquired | Columbus, GA | ||||
| Humm Drink Better | Formerly VC-backed | Bend, OR |
Reed's Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Reed's Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Reed's Acquisitions (1)
Reed's’s most recent deal was a Merger/Acquisition with Sonama Sparkler. The deal was made on 28-Oct-2009.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Sonama Sparkler | 28-Oct-2009 | Merger/Acquisition | Beverages |
Reed's ESG
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
Rank
Percentile
Food Products
Industry
Rank
Percentile
Soft Drinks
Subindustry
Rank
Percentile
Reed's FAQs
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When was Reed's founded?
Reed's was founded in 1989.
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Where is Reed's headquartered?
Reed's is headquartered in Norwalk, CT.
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What is the size of Reed's?
Reed's has 21 total employees.
-
What industry is Reed's in?
Reed's’s primary industry is Beverages.
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Is Reed's a private or public company?
Reed's is a Public company.
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What is Reed's’s stock symbol?
The ticker symbol for Reed's is REED.
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What is the current stock price of Reed's?
As of 21-Mar-2025 the stock price of Reed's is $1.30.
-
What is the current market cap of Reed's?
The current market capitalization of Reed's is $59M.
-
What is Reed's’s current revenue?
The trailing twelve month revenue for Reed's is $39.9M.
-
Who are Reed's’s competitors?
Zevia, Talking Rain, Fever-Tree, Royal Crown Cola, and Humm Drink Better are some of the 10 competitors of Reed's.
-
What is Reed's’s annual earnings per share (EPS)?
Reed's’s EPS for 12 months was -$4.09.
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