earnings
confidence high
sentiment negative
materiality 0.70
Reed's Q2 sales fall 20% YoY to $9.5M; net loss widens to $6.0M
REED'S, INC.
2025-Q2 EPS
reported -$0.18
vs consensus -$0.24
▲ beat
(+26.5%)
- Net sales $9.5M, down 20% YoY from $11.9M; net loss $6.0M ($0.13/share) vs $3.2M loss.
- Gross margin 8% vs 32% YoY, hit by $1.6M inventory write-offs; adjusted margin 25%.
- Cash used in operations $5.0M vs $0.9M; cash $2.7M, total debt $9.7M at June 30.
- Modified EBITDA -$2.9M vs positive $45k in Q2 2024.