Splash

Splash Beverage Group Reports Second Quarter 2022 Financial Results Revenues Increase 41% Year over Year with $4.8 Million in Gross Sales

Retrieved on: 
Monday, August 15, 2022

Fort Lauderdale, Florida, Aug. 15, 2022 (GLOBE NEWSWIRE) -- Splash Beverage Group, Inc. (NYSE American: SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, today reported financial results for the second quarter period ended June 30, 2022.

Key Points: 
  • Fort Lauderdale, Florida, Aug. 15, 2022 (GLOBE NEWSWIRE) -- Splash Beverage Group, Inc. (NYSE American: SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, today reported financial results for the second quarter period ended June 30, 2022.
  • Record gross sales for the second quarter were $4.8 million compared to $3.4 million in the prior year period, an increase of 41% over the prior year period.
  • The increase in revenue were primarily due to increased sales of TapouT and from e-commerce sales.
  • Second quarter net loss was a total of $2.8 million in cash items and $3.0 million in non-cash items for $5.8 million.

Splash Beverage Group, Chairman and CEO, Robert Nistico Provides Corporate Update in Letter to Shareholders

Retrieved on: 
Tuesday, August 9, 2022

We also recently announced our plans to acquire an 80% interest in Pulpoloco.

Key Points: 
  • We also recently announced our plans to acquire an 80% interest in Pulpoloco.
  • At the same time, were seeing an incredible increase in societal interest in all things renewable and biodegradable.
  • This unique packaging, itself made from sustainable wood fiber, generates less greenhouse-emissions during production and presents an overall lower carbon footprint.
  • We appreciate the confidence you have shown in us to date, and we look forward to earning your continued support.

Emmitt's Las Vegas Finalizes World-Class Culinary Team Led by Master Chef Rainer Schwarz

Retrieved on: 
Tuesday, August 2, 2022

LAS VEGAS, Aug. 2, 2022 /PRNewswire/ -- Emmitt's Las Vegas at Fashion Show Las Vegas has completed its roster of culinary experts led by Chef Rainer Schwarz who has provided award-winning culinary direction to some of the finest restaurants in California for over 30 years.

Key Points: 
  • LAS VEGAS, Aug. 2, 2022 /PRNewswire/ -- Emmitt's Las Vegas at Fashion Show Las Vegas has completed its roster of culinary experts led by Chef Rainer Schwarz who has provided award-winning culinary direction to some of the finest restaurants in California for over 30 years.
  • Schwarz is joined by Chef Sean Rainaldi, who brings over 15 years of experience working in a range of notable kitchens.
  • Having worked for some of the most well-renowned chefs in the culinary industry, Chef Sean Rainaldi has served as an Executive Chef for Chef Wolfgang Puck, Chef Bobby Flay, and Chef Michel Richard.
  • Emmitt's Las Vegas is scheduled to open next month, spanning 30,000 square feet inside Fashion Show Las Vegas on the Las Vegas Strip.

Splash Beverage Group to Ring Opening Bell at NYSE on Wednesday, July 27, 2022

Retrieved on: 
Monday, July 25, 2022

Fort Lauderdale, Florida, July 25, 2022 (GLOBE NEWSWIRE) -- Splash Beverage Group, Inc. (NYSE American: SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, today announced that Robert Nistico, Chairman and CEO along with the rest of the executive team and Board will ring the New York Stock Exchange Opening Bell on Wednesday, July 27.

Key Points: 
  • Fort Lauderdale, Florida, July 25, 2022 (GLOBE NEWSWIRE) -- Splash Beverage Group, Inc. (NYSE American: SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, today announced that Robert Nistico, Chairman and CEO along with the rest of the executive team and Board will ring the New York Stock Exchange Opening Bell on Wednesday, July 27.
  • Nistico commented: Splash Beverage Group listed its shares on the NYSE American in June of 2021.
  • We are so excited to have the opportunity to ring the Opening Bell, the team has worked tirelessly to get to this point.
  • Weve had an exciting year growing the business, and we look forward to the honor of opening the days trading.

Splash Beverage Group Announces Agreement with UNFI to Distribute TapouT Through Southeastern Grocers, Inc. Across Five Southeastern U.S. States

Retrieved on: 
Thursday, July 21, 2022

UNFI is the largest publicly traded wholesale distributor delivering healthier food options to people throughout the United States and Canada.

Key Points: 
  • UNFI is the largest publicly traded wholesale distributor delivering healthier food options to people throughout the United States and Canada.
  • UNFI distributes to over 250,000 natural, organic and conventional products to more than 30,000 customers including natural product superstores, independent retailers, conventional supermarket chains, ecommerce retailers and food service industry.
  • We are absolutely thrilled to have reached an agreement with UNFI to distribute TapouT through its network.
  • Follow Splash Beverage Group on Twitter: www.twitter.com/SplashBev
    Splash Beverage Group, an innovator in the beverage industry, owns a growing portfolio of alcoholic and non-alcoholic beverage brands including Copa di Vino wine by the glass, SALT flavored tequilas, Pulpoloco sangria, and TapouT performance hydration and recovery drink.

Splash Beverage Group Extends Distribution in Arizona with 86 Retail Locations Across Three Convenience Store Chains

Retrieved on: 
Tuesday, July 19, 2022

Fort Lauderdale, Florida, July 19, 2022 (GLOBE NEWSWIRE) -- Splash Beverage Group, Inc. (NYSE American: SBEV) (Splash or the Company), a portfolio company of leading beverage brands, today announced that it has extended the distribution of TapouT through agreements with three separate convenience store chains across Arizona.

Key Points: 
  • Fort Lauderdale, Florida, July 19, 2022 (GLOBE NEWSWIRE) -- Splash Beverage Group, Inc. (NYSE American: SBEV) (Splash or the Company), a portfolio company of leading beverage brands, today announced that it has extended the distribution of TapouT through agreements with three separate convenience store chains across Arizona.
  • All four SKUs of TapouT Performance Drinks will now be available in CobbleStone AutoSpa locations, Carioca Convenience Stores and all of the 4-Sons Convenience Store locations.
  • Cobblestone, Carioca Convenience Stores and 4 Sons Convenience Stores manage restaurants and fueling / service stations across Arizona.
  • Robert Nistico, Splash Beverage Groups Chairman and CEO, commented, These three agreements place TapouT in an additional 86 premium high-volume locations across Arizona and come directly out of our partnership with Kalil Bottling.

DGAP-News: This Company Says It Has Set Its Sights High To Make A Continued Splash In The Specialty Beverage Market

Retrieved on: 
Monday, July 18, 2022

Demand for convenience food and beverages and increasing concerns from consumers about what theyre ingesting are reportedly driving growth in the specialty food and beverage market.

Key Points: 
  • Demand for convenience food and beverages and increasing concerns from consumers about what theyre ingesting are reportedly driving growth in the specialty food and beverage market.
  • Data Bridge Market Research shows the specialty food and beverage segment is expected to grow 11.5% from 2020 to 2027.
  • Even hotter is specialty beverage, outpacing the growth of specialty food sales.
  • Theres a lot of excitement and surprise in the specialty beverage market.

DGAP-News: Beverage Industry Seems To Be Readying A Lineup of Summer Drinks For A Younger And Pandemic-Weary Consumer Demographic

Retrieved on: 
Thursday, July 7, 2022

This summer, consumers might be ready to spend more for bolder flavors, premium ingredients and containers that can go with them on adventures they take.

Key Points: 
  • This summer, consumers might be ready to spend more for bolder flavors, premium ingredients and containers that can go with them on adventures they take.
  • Now, some brands are reportedly differentiating themselves in a crowded seltzer market by moving toward bigger, single-note flavors that are more distinctive but still familiar.
  • As younger drinkers shift toward drinking less than older consumers, theyre also seemingly placing increased importance on the ritual and indulgence of the experience.
  • That is, when they do drink, they want quality ingredients and beverages that are free of artificial additives.

NFL Legend and Renowned Chef Looking To Expand Their Team

Retrieved on: 
Wednesday, July 6, 2022

LAS VEGAS, July 6, 2022 /PRNewswire/ -- Emmitt's Las Vegas – NFL Hall of Fame Star Emmitt Smith's premier restaurant and entertainment venue – is set to open its doors at Fashion Show Las Vegas (FSLV) this summer and they are looking for motivated individuals passionate about gaining professional skills in the restaurant, nightlife and hospitality fields to attend their job fair this month. Located right on the Las Vegas strip, Emmitt's Las Vegas will provide a unique experience of impeccable dining, live concerts, world-class service and outstanding views, as well as the extraordinary opportunity to work alongside the highly decorated Chef Rainer Schwartz.

Key Points: 
  • Emmitt James Smith III is a professional football icon, businessman, entrepreneur, and family man.
  • The 1990 first-round draft pick's legendary career resume includes three Super Bowl championship rings, eight Pro Bowl appearances, NFL 100 All-Time Team member and holding the record as the NFL's all-time leading rusher (a record that still stands today).
  • As a businessman and entrepreneur, Smith runs several companies spanning real estate, construction, technology and hospitality.
  • Rainer has twenty-five years' experience as Executive Chef / Director of Food & Beverage in 4- and 5-Star Hotel properties.

Splash Beverage Group Gains New Distribution with Convenience Store Chain Brewer Oil Company for TapouT Distribution Across New Mexico

Retrieved on: 
Wednesday, July 6, 2022

Fort Lauderdale, Florida, July 06, 2022 (GLOBE NEWSWIRE) -- Splash Beverage Group, Inc. (NYSE American: SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, today announced that it will now be selling all four SKUs of TapouT Performance Drinks into Convenience Store Chain, Brewer Oil Company in New Mexico.

Key Points: 
  • Fort Lauderdale, Florida, July 06, 2022 (GLOBE NEWSWIRE) -- Splash Beverage Group, Inc. (NYSE American: SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, today announced that it will now be selling all four SKUs of TapouT Performance Drinks into Convenience Store Chain, Brewer Oil Company in New Mexico.
  • Brewer Oil Company, headquartered in Albuquerque, New Mexico was founded in 1958 with an initial service station in Artesia.
  • Our product availability continues to grow with this latest retail expansion news, said Robert Nistico, Splash Beverage Groups Chairman and CEO.
  • Brewer Oil has a top convenience store chain in New Mexico with strong reputation for fresh and ready to eat food with a broad beverage selection.