Reed’s (REED.OB) Beverage Portfolio Continues to Grow, Now Accounts for 92.6% Company Sales
As Reed’s, Inc. grows the sale of its core product, beverages, the industry continues to grow. In the last three years the total sales of the beverage category has risen 8%. Beverages accounted for 84.8% of Reed’s total sales in 2005 and at the end of 2007 they accounted for almost 94% of their total sales. The Company continues to expand its beverage portfolio with new products. The premium Sodas sold by Reed are all natural and come in a variety of flavors. They include their signature Ginger Ales with flavors like raspberry, spiced apple, cherry, original, and extra ginger.…