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Reed's (REED +18.1%) bubbles higher after the natural soda maker says Q1 revenues rose 24% Y/Y...

Reed's (REED +18.1%) bubbles higher after the natural soda maker says Q1 revenues rose 24% Y/Y to $8M, exceeding internal goals and outpacing 2012's average of 20% revenue growth across product lines. The company will report next Tuesday.
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Comments (5)
  • dictionshunary
    , contributor
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    Reed is definitely a $10 stock; I see it there before summer ends. There is just too much quality in their products.
    7 May 2013, 04:41 PM Reply Like
  • mister-ugly
    , contributor
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    whole foods earnings confirm reed percentage of growth! the surprise is the short position that maintains choosing not to acknowledge results and future momentum of revenue. private label with new distribution contract will continue to grow, natural sodas have higher exceeded revenue and kombucha though initially discounted has been at full pricing power this quarter.
    8 May 2013, 03:47 PM Reply Like
  • dictionshunary
    , contributor
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    Plus their main Kombucha competitor, GT's, has distribution problems up here in the North East. I personally tripled up on my holdings when it dropped a couple of weeks ago.
    9 May 2013, 09:47 AM Reply Like
  • mister-ugly
    , contributor
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    Earth Fare dropped GT to bottom shelf moving Reed and Buchi to eye level with Hain on top shelf which was formerly occupied by GT Synergy. At time I anticipated it was all about promotional dollars to Earth Fare? We have learned GT uses tap water from LA while Reed Culture Club uses spring water. From conference call we learned manufacturing problems of 200,000 bottles of kombucha which was hand placing labels on from 3M. That was corrected with new labels and awaiting 100% increase in sku's of kombucha from Reed. Earth Fare has designated shelf space as my channel checks observed. Sales of all kombucha are flying off shelf.
    9 May 2013, 11:08 AM Reply Like
  • dictionshunary
    , contributor
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    We need Reed's Kombucha in NH!!!
    10 May 2013, 12:53 PM Reply Like
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