date:Nov 13, 2012
Reed's has reported 26% increase in year to date (YTD) revenues to $22.3m against the same period last year.
In 2012, Reed's introduced Culture Club Kombucha line of organic live beverages.
Founder and CEO Chris Reed said that even though start up costs have resulted in minimal net income in the third quarter of 2012, they still have maintained profitability.
The third quarter continues to see our top line growth expand at over 20% per quarter for the last three years, he added.
In 2012, our