Splash Beverage Group’s SALT Flavored Tequila Rolled Out to Sam’s Club Stores Throughout the Southwest and Florida
Splash Beverage Group (SBEV) announced a significant expansion of its SALT Citrus flavored tequila distribution in Sam’s Club stores, increasing presence by 48% in Q1 2021. SALT is now available in 42 stores across California, Arizona, New Mexico, and Florida. This tequila, recognized as the world’s first flavored 100% agave, is positioned in a fast-growing market segment with U.S. tequila consumption surging by 14%. CEO Robert Nistico noted this expansion reflects rising consumer demand for flavored tequila, enhancing brand visibility and sales.
- SALT Citrus tequila's distribution expanded by 48% in Sam's Club, indicating strong consumer demand.
- SALT is now available in 42 stores, enhancing brand visibility in key markets.
- Tequila consumption in the U.S. has increased by 14%, supporting growth potential.
- None.
Continued expansion of distribution into largest retail chains drives brand awareness, loyalty, and revenues
Fort Lauderdale, Florida, June 17, 2021 (GLOBE NEWSWIRE) -- Splash Beverage Group, Inc. (NYSE American: SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, today announced that Sam’s Club, a subsidiary of Walmart Inc. (NYSE: WMT) the largest retailer in the world, has expanded distribution of SALT Citrus flavored tequila by
SALT is believed to be the world’s first flavored
“We’re very pleased to increase the availability of SALT tequila through even more stores owned by the largest retailer in the world. Following SALT’s authorization for sale in Walmart stores in 2020, we see the expanded distribution into additional Sam’s Club stores as a very positive sign of consumer demand for our flavored tequila brand in one of the highest-growth segments of the alcoholic beverage market,” stated Robert Nistico, CEO of Splash.
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About Splash Beverage Group, Inc.
Splash Beverage Group specializes in manufacturing, distribution, sales & marketing of various beverages across multiple channels. SBEV operates in both the non-alcoholic and alcoholic beverage segments, which they believe leverages efficiencies and dilutes risk.
SBEV believes its business model is unique as it ONLY develops/accelerates brands it perceives to have highly visible pre-existing brand awareness or pure category innovation.
Forward-Looking Statement
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Contact Information:
Splashbeveragegroup.com
954-745-5815
SOURCE: Splash Beverage Group, Inc.
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