Reeds Inc (REED) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to REIT's third quarter 2025 earnings conference call for the three and nine months ended September 30, 2025. My name is Lily and I will be your conference call operator for today. We will have the prepared remarks from Sarah Wallace, REIT's chief executive officer, and Douglas Curdy, REIT's chief financial officer. Following the remarks, they will take your questions. Before we begin, please take note of the company's cautionary statement. Today's call will include forward-looking statements, including statements about READ's business plan. Forward-looking statements inherently involve risks and uncertainties, and only reflect management's view as of today, November 4, 2025. And the company is not under obligation to update them. When discussing results, the presenter may refer to NANGOP measures, which exclude certain items from the reported results. Please refer to READ's Investors website at investors.readsinc.com and its quarterly report on Form 10-Q for the period ended September 30, 2025. This should be expected to be available on the website soon. For definitions and reconciliations of man-goth measures and additional information regarding results, including a discussion of factors that could cause actual results to materially differ from forward-looking statements. I will now turn the call over to Mr. Wallace. Thank you, Operator, and good morning, everyone. We appreciate you joining us today to discuss our third quarter 2025 results. Q3 marked another period of steady operational progress as we continued executing our plan to strengthen our foundation for sustainable long-term growth and profitability. We advanced our manufacturing initiatives to better align production capacity and capabilities with current demand, enabling us to m...