Splash Beverage Group, Inc. - SBEV STOCK NEWS

Splash Beverage Group, Inc. (SBEV) announced its TapouT performance drink has been authorized for sale at over 1,100 ampm convenience store locations across California, Arizona, Washington, Nevada, and Oregon. This significant move will enhance product visibility and expedite revenue growth, slated for rollout in mid-September. CEO Robert Nistico emphasized this authorization as one of their largest to date, reflecting the company's expanding distribution capabilities and retailer confidence.

On August 16, 2022, Splash Beverage Group (NYSE American: SBEV) announced that CEO Robert Nistico will present at the Sidoti & Company August Virtual Microcap Conference on August 17, 2022, at 1:45 PM ET.

The live presentation can be accessed online, and Splash will also conduct virtual one-on-one meetings with investors throughout the event. Registration for both the presentation and one-on-ones is free, and attendees do not need to be clients of Sidoti & Company.

For more details, visit Splash Beverage Group's official website.

Splash Beverage Group (SBEV) announced that Circle K will feature Copa di Vino in its West Coast convenience stores after a successful test in California. The launch is set for September, marking a significant milestone for Splash as it expands its distribution. CEO Robert Nistico highlighted the opportunity for increased revenue and emphasized the effectiveness of their distribution network. This collaboration with Circle K, a leader in convenience retailing, is viewed as a positive step for Splash's growth and brand visibility.

Splash Beverage Group (SBEV) reported record gross sales of $4.8 million for Q2 2022, a 41% increase from $3.4 million in Q2 2021, driven by higher sales of TapouT and e-commerce. The company incurred a net loss of $5.8 million, an improvement compared to $6.6 million in the prior year. Cash and cash equivalents stood at $4.2 million as of June 30, 2022. CEO Robert Nistico emphasized the continuation of growth initiatives, including six new distribution agreements and an acquisition of Pulpoloco, aligning with their strategic business plan.

Splash Beverage Group (NYSE American: SBEV) has made significant progress since January 2022, highlighted by a distribution agreement with AB ONE, the largest in its history. This partnership has accelerated brand recognition and growth, contributing to a reported 86% revenue increase year-over-year. The company has secured over 20 new distribution agreements, including major retailers like Walmart and 7-11. Additionally, Splash plans to acquire an 80% interest in Pulpoloco, enhancing its portfolio with sustainable packaging. CEO Robert Nistico emphasizes their commitment to capitalizing on market trends and expanding their brand presence.

Splash Beverage Group, Inc. (NYSE American: SBEV) is set to ring the New York Stock Exchange Opening Bell on July 27, 2022, marking a significant milestone since its listing in June 2021. Chairman and CEO Robert Nistico expressed excitement over this opportunity, highlighting the hard work of the team to reach this point. The event signifies the company's ongoing growth and commitment to the beverage industry.

Splash Beverage Group (NYSE American: SBEV) has entered into a distribution agreement with United Natural Foods (UNFI) to distribute its TapouT Performance drinks through 515 Winn Dixie stores in the Southeastern U.S. This deal expands Splash's distribution reach significantly, allowing access to UNFI's extensive network and its customer base in natural and traditional grocery outlets. The partnership is seen as a critical step in Splash's strategic growth plan, enhancing its market presence and promoting its all-natural product offerings.

Splash Beverage Group, Inc. (NYSE American: SBEV) has expanded the distribution of its TapouT Performance Drinks through partnerships with three convenience store chains in Arizona. This new agreement adds 86 retail locations, including CobbleStone AutoSpa and Carioca Convenience Stores. CEO Robert Nistico emphasized the importance of the cold-bottle availability in driving consumer acceptance and brand growth. The partnership with Kalil Bottling was noted as critical in securing these agreements, reinforcing the company’s retail strategy and commitment to enhancing brand presence.

On July 15, 2022, Splash Beverage Group (SBEV) announced that its CEO, Robert Nistico, will present at the Emerging Growth Conference on July 20 at 9:45 AM ET. This virtual event allows shareholders and investors to engage directly with Nistico, who will update them on the Company’s progress. Those unable to attend live can access an archived webcast thereafter. Splash Beverage boasts a diverse portfolio of drinks, including Copa di Vino and SALT tequila, and continues to expand its market presence.