Reed's reports quarterly loss but sees future growth with new beverage line and retail gains.

Reed's, a natural beverage company, reported a quarterly loss of $0.23 per share despite a 50.7% increase in gross profit to $2.9 million due to one-time charges in the previous year. The company's stock rose to $1.48, though StockNews.com gave it a "sell" rating. Reed's is expecting growth from a new beverage line launch in April and has secured distribution gains at major retailers.