---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-031647"
form_type: "8-K"
ticker: "REED"
cik: "0001140215"
company_name: "REED'S, INC."
filed_at: "2024-08-13T23:59:59+00:00"
generated_at: "2026-05-31T09:35:55.123229+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Reed's Q2 net sales up 19% to $11.9M; gross margin expands 720 bps; modified EBITDA turns positive

## Summary
- Net sales increased 19% YoY to $11.9M; gross profit up 53% to $3.8M; gross margin 32.3% vs 25.1%.
- Operating loss narrowed to $0.7M from $1.7M; modified EBITDA improved to $45,000 from $(1.6)M.
- Delivery/handling costs cut 16% to $2.18/case; SG&A flat at 26% of sales.
- Cash used in operations reduced to $0.9M from $3.4M; total debt $27.4M as of June 30, 2024.
- Reaffirms FY 2024 outlook: net sales growth, gross margin expansion, positive modified EBITDA, and positive op cash flow.

## SEC filing metadata
- accession: 0001493152-24-031647
- form_type: 8-K
- ticker: REED
- cik: 0001140215
- company_name: REED'S, INC.
- filed_at: 2024-08-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1140215/000149315224031647/0001493152-24-031647-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1140215/000149315224031647/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-031647
- JSON: https://secwatch.observer/filing/0001493152-24-031647.json
- Plain text: https://secwatch.observer/filing/0001493152-24-031647.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.