Reed's, Inc. — Third Quarter 2026 Earnings Summary

Reed's, Inc. reported a net loss of $3.2 million for the third quarter of 2026, an improvement from the $4.0 million loss in the same period the previous year. Net sales declined to $6.5 million from $7.0 million, primarily due to lower volumes with recurring national customers, though gross margin expanded to 25% driven by reduced promotional allowances and lower cost of goods per case. The company strengthened its balance sheet by refinancing a $9.25 million senior secured loan and subsequently closed a $10.0 million private placement of common stock. Selling, general, and administrative expenses decreased by 15% to $3.6 million as the company continued to optimize costs and restructure e-commerce operations.