Reeds Inc (REED) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you. Thank you. © transcript Emily Beynon Good morning and welcome to Reed's fourth quarter and full year 2025 earnings conference call for the three and 12 months ended December 31st, 2025. My name is Joelle and I will be your conference call operator for today. We will have prepared remarks from Neil Cohen, Reed's interim chief executive officer and chief operating officer, and Doug McCurdy, Reed's chief financial officer. Following their remarks, they will take your questions. Before we begin, please take note of the company's cautionary statements. Today's call will include forward-looking statements, including statements about Reid's business plans. Forward-looking statements inherently involve risks and uncertainties and only reflect management's view as of today, March 25, 2026, and the company is under no obligation to update them. When discussing results, the presenters may refer to non-GAAP measures, which exclude certain items from reported results. Please refer to Reed's fourth quarter and full year 2025 earnings release on Reed's investor website at investor.reedsinc.com and its annual report on Form 10-K for the 2025 fiscal year for the period ended December 31st, 2025. Expected to be available on the website soon. For definition, the reconciliations of non-GAAP measures and additional information regarding results, including a discussion of factors that could cause Actual results materially differ from forward-looking statements. I will now turn the call over to Mr. Cohane. Thank you, Joelle, and appreciate everybody joining us today for the call, the fourth quarter, and full year 2025 results. Before diving in to our results, I'd like to briefly address the leadership transition. As announced in our earnings press release, Cyril Wallace has step...