Splash Beverage Group, Inc. (NV) Common Stock (SBEV)
0.2344
+0.0070 (3.08%)
Splash Beverage Group Inc is a dynamic company engaged in the development, marketing, and distribution of a diverse portfolio of beverage products
Focused primarily on the non-alcoholic and alcoholic beverage sectors, the company aims to create innovative and appealing offerings that cater to a wide range of consumer preferences. Through strategic partnerships and an emphasis on brand building, Splash Beverage Group is dedicated to delivering high-quality beverages that resonate with health-conscious consumers, while also expanding its market reach across various retail and hospitality channels.
FORT LAUDERDALE, FLORIDA / ACCESSWIRE / December 12, 2024 / Splash Beverage Group, Inc. (NYSE American:SBEV), an innovator in the beverage industry, proudly announces another 2024 retail expansion win. Total Wine & More, America's Wine Superstore and the country's largest independent retailer of fine wine, has authorized Pulpoloco Sangria across multiple states. This authorization includes Pulpoloco' Smooth Red and Crisp White Sangria varietals and spans over 115 stores in Arizona, California, Colorado, Florida, Illinois, Nevada, Texas, and Virginia.
FORT LAUDERDALE, FL / ACCESSWIRE / November 18, 2024 / Splash Beverage Group, Inc. (NYSE American:SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, announced that it will host a conference call on Monday, November 25, 2024 at 8:30 a.m. (ET). The C-Suite team Robert Nistico (Chairman / CEO), Julius Ivancsits (CFO), and Bill Meissner (President / CMO) will be present and will field questions after the formal presentation.
FORT LAUDERDALE, FL / ACCESSWIRE / October 16, 2024 / Splash Beverage Group (NYSE American:SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, is excited to announce continued fundraising progress to expand its market presence and support working capital. This updates the earlier announcement on August 22, 2024, with a larger executed contracts total of $7.6 million.
Splash Beverage Group (NYSE American: SBEV), a portfolio company of leading beverage brands, today announced that the first tranche of a previously announced private placement has been finalized and the company is in the process of onboarding cash. The company has received approximately half of the just over $4 million from the first tranche and expects the balance in the next couple of days. Additionally, documents for the second tranche of $4 million have been distributed and approximately $3 million have been executed. Given these commitments, Splash Beverage expects to complete the second tranche in short order. The private placement is intended to raise operating capital. The announcement also noted that the $2.4 million financing from 2023 has been retired and will no longer apply any downward pressure on the stock.
FORT LAUDERDALE, FL / ACCESSWIRE / August 22, 2024 / Splash Beverage Group, Inc. (NYSE American:SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, announced that it has begun closing on a private placement for operating capital.
SBEV stock results show that Splash Beverage Group missed analyst estimates for earnings per share and missed on revenue for the second quarter of 2024.
Splash Beverage (NYSE American: SBEV), a portfolio company of leading beverage brands, announced that it will host a conference call to discuss its second-quarter 2024 financial results as well as provide a state-of-the-business update. The call is scheduled to begin at 4 p.m. ET on Aug. 22, 2024. The call will be hosted by key company executives, including chair and CEO Robert Nistico, CFO Julius Ivancsits, and president and CFO Bill Meissner. During the call, management will discuss Q2 2024 earnings, distribution and brand strategy, and capital structure and financing. In addition, they will provide an update on M&A activity as well as a financial outlook for the remainder of 2024 and into 2025. Those interested can access the call by dialing 888-506-0062 (toll free in the United States) or 973-528-0011 (international) and using the participant access code 648719. A replay of the call can be accessed by dialing 1-877-481-4010 (toll free in the U.S.) or 1-919-882-2331 (international) and using the replay pin number 51153 or visiting the company’s website.
Splash Beverage Group (NYSE American: SBEV), a portfolio company of leading beverage brands, has secured authorization from the Pennsylvania Liquor Control Board (“PLCB”) for its Chocolate SALT Tequila brand. As a result of this significant achievement, the company’s Chocolate SALT Tequila will be available in nearly 600 fine wine and spirits stores across Pennsylvania starting in September. According to the announcement, gaining authorization from the PLCB is the first step in Pennsylvania for Splash Beverage and its growing portfolio. “This authorization from the PLCB is a testament to the quality and appeal of our brand SALT Tequila,” commented Robert Nistico, CEO of Splash. “We are excited to bring this exceptional product to Pennsylvania’s state operated fine wine and spirits stores. Our strategic approach to building a robust distribution network is proving effective, and this achievement aligns perfectly with our mission to scale our brands nationally and would have not been possible in the state without our new distributor relationship there with Johnson Brothers.”
FORT LAUDERDALE, FL / ACCESSWIRE / July 18, 2024 / Splash Beverage Group, Inc. (NYSE American:SBEV), a leading beverage company known for acquiring and growing early-stage brands to national and international prominence, is thrilled to announce that its Chocolate SALT Tequila brand has received its authorization from the Pennsylvania Liquor Control Board (PLCB). This significant achievement allows Chocolate SALT Tequila to be available in nearly 600 fine wine and spirits stores across Pennsylvania starting in September.
Splash Beverage Group (NYSE American: SBEV), a portfolio company of leading beverage brands, today announced that it has secured comprehensive distribution coverage for its brands throughout Colorado. The company has achieved this significant milestone through a new statewide distribution agreement with Legacy Distribution Group, experts in transforming brands into household names within Colorado. Under the new relationship, Legacy Distribution Group will distribute Splash’s diverse portfolio including Copa di Vino, Pulpoloco and SALT Tequila to retailers and on-premise operators across the state. The announcement noted that with Legacy Distribution Group’s expansive network and market expertise, Splash is well positioned to significantly increase its market presence and consumer base in Colorado. “We are thrilled to partner with Legacy Distribution Group,” said Robert Nistico, CEO of Splash. “Their impressive track record, full state coverage and deep market penetration make them the perfect partner to help us expand our footprint in Colorado. A strong distribution network is crucial to the long-term success of our business. It is through this network that we can reach retailers and ultimately, the end consumer to enjoy our fabulous products.”
Splash Beverage (NYSE American: SBEV), a portfolio company of leading beverage brands, has announced an initial test of its proprietary single-serve wine brand, Copa di Vino, in Walmart and Walgreens stores. According to the announcement, central Florida area Walmart stores and southern Nevada Walgreen stores will introduce SBEV’s Copa di Vino’s four-count multipacks featuring two varietals. The company noted these test results could result in broader distribution with the potential of more than 3,000 Walmart locations and 7,000 Walgreens locations nationwide. SBEV points to strategic developments as key indicators of its increasing growth and success. “Copa di Vino’s introduction into Walmart and Walgreens stores is a major milestone for Splash Beverage Group,” said Splash Beverage Group CEO Robert Nistico in the press release. “This test launch not only enhances our market presence but also reflects two of the country’s largest retailers’ belief in the appeal and quality of our single-serve wine, Copa di Vino. We are confident that these consumers will embrace the convenience and premium quality of Copa di Vino, paving the way for a nationwide expansion.”
FORT LAUDERDALE, FL - (NewMediaWire) - June 04, 2024 - Splash Beverage Group Inc. (NYSE American: SBEV) is excited to announce that its premium single-serve wine brand, Copa di Vino, has commenced its initial test in Walmart and Walgreens stores. This strategic move marks the introduction of Copa di Vino’s 4-count multi-packs, featuring two varietals, into Walmart’s central Florida area stores and Walgreens’ southern Nevada stores.
Splash Beverage Group (NYSE American: SBEV), a portfolio company of leading beverage brands, today announced that its premium wine brand, Copa di Vino, was awarded an authorization for placement in AM/PM convenience stores across the United States. The milestone will see Copa di Vino’s four varietals available in over 1,100 AM/PM locations, with the launch scheduled for late July. “This important authorization is another successful result of the hard work of the Splash team in building a distribution network capable of serving these elite national chains,” said Robert Nistico, Splash Beverage Group’s chairman and CEO. “This effort has produced a robust set of authorizations for our Copa di Vino brand over the last few months, which will lead to a strong expansion of this brand for the balance of the year.”
