secwatch.observer — SEC 8-K summary
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Issuer:     REED'S, INC. (REED)
CIK:        0001140215
Form:       8-K
Filed at:   2026-11-10T21:15:40+00:00
Accession:  0001493152-26-050973
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Reed's Q3 2026 net sales fall to $6.5M; net loss narrows to $3.2M as gross margin rises to 25%
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- Net sales were $6.5M vs $7.0M a year earlier; gross profit rose to $1.6M from $1.2M and gross margin to 25% from 17%.
- Net loss improved to $3.2M from $4.0M; EBITDA loss improved to $2.9M from $3.6M.
- SG&A fell 15% YoY to $3.6M from $4.2M; delivery and handling expense was $2.69 per case vs $2.60.
- Interim CEO Neal Cohane cited 100 bps sequential gross-margin gain, 24% sequential SG&A cut and 26% sequential net-loss reduction.
- Reed's refinanced its senior secured loan and, after quarter end, closed a $10.0M private placement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1140215/000149315226050973/0001493152-26-050973-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1140215/000149315226050973/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-050973

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer