NetworkNewsBreaks – Splash Beverage Group Inc. (
Post# of 68
(Total Views: 266)
Posted On: 04/29/2021 4:03:26 PM
NetworkNewsBreaks – Splash Beverage Group Inc. (SBEV) Targeting Off-Premises Channel Initiatives to Expand Revenue-Generating Opportunities
Splash Beverage Group (OTCQB: SBEV), a portfolio company of successful beverage brands, achieved cumulative sales of $2.975 million in 2020 while also seeing a nearly tenfold rise in quarterly sales between the first and fourth quarter of the year (https://nnw.fm/jfywD). The growth was influenced by trends in the U.S. alcoholic beverage industry, and the company is further expanding its revenue-generating opportunities by targeting off-premises channel initiatives to deal with social distancing regulations. Splash also anticipates on-premises channel growth once hotels, restaurants and bars start to reopen. Among the company’s achievements and milestones, “its SALT Naturally Flavored tequila had been approved by Walmart in August of last year,” explains a recent article. In addition, “Splash Beverage recently completed the acquisition of Copa Di Vino, the nation’s largest ‘wine by the glass’ manufacturer. The company boasts a retail distribution footprint amounting to over 13,000 outlets across the country.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Splash Beverage Group (OTCQB: SBEV), a portfolio company of successful beverage brands, achieved cumulative sales of $2.975 million in 2020 while also seeing a nearly tenfold rise in quarterly sales between the first and fourth quarter of the year (https://nnw.fm/jfywD). The growth was influenced by trends in the U.S. alcoholic beverage industry, and the company is further expanding its revenue-generating opportunities by targeting off-premises channel initiatives to deal with social distancing regulations. Splash also anticipates on-premises channel growth once hotels, restaurants and bars start to reopen. Among the company’s achievements and milestones, “its SALT Naturally Flavored tequila had been approved by Walmart in August of last year,” explains a recent article. In addition, “Splash Beverage recently completed the acquisition of Copa Di Vino, the nation’s largest ‘wine by the glass’ manufacturer. The company boasts a retail distribution footprint amounting to over 13,000 outlets across the country.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
(0)
(0)Splash Beverage Group Inc. (SBEVD) Stock Research Links
Scroll down for more posts ▼