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Splash Beverage Group Inc - SBEV STOCK NEWS

Welcome to our dedicated news page for Splash Beverage Group (Ticker: SBEV), a resource for investors and traders seeking the latest updates and insights on Splash Beverage Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Splash Beverage Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Splash Beverage Group's position in the market.

Rhea-AI Summary
Splash Beverage Group announces partnership with Circle K for Copa di Vino brand
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.02%
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none
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Rhea-AI Summary
Splash Beverage Group announces new agreement with Horizon Retailers Association
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.14%
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Rhea-AI Summary
Splash Beverage Group announces LOI to acquire Western Son Vodka. Western Son Vodka sold 309,000 9-liter cases in the last 12 months. Acquisition expected to increase distribution and create cost savings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.73%
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Rhea-AI Summary
Splash Beverage Group announces a non-binding Term Sheet for a Credit Facility to fund acquisitions. The facility will provide acquisition financing at the current Euribor rate plus 1.5% and will mature in 7 to 10 years. The company intends to target brands with revenues between $20 million and $75 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.45%
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-
Rhea-AI Summary
Splash Beverage Group expands distribution agreements with Lakeshore Beverage, Southern Beverage, and United Distributors. Copa di Vino to be offered in nine Blaze Pizza locations in Southern California.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-16.57%
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none
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Rhea-AI Summary
Splash Beverage Group, Inc. (SBEV) announced that CEO Robert Nistico will present virtually at the Sidoti & Company August Virtual Microcap Conference on August 17, 2023, at 9:15 am ET. The presentation can be accessed live at the provided link. Splash will also host virtual one-on-one meetings with investors throughout the conference. Registration for the presentation and one-on-one meetings is free and open to all.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.06%
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conferences
Rhea-AI Summary
Splash Beverage Group reports 15% increase in quarterly revenues and 32% increase in gross profit. Six-month revenues rise 31% and gross profit increases 34.6%. Qplash e-commerce platform and TapouT Energy Drink launch contribute to growth. Net loss of $5.6 million in the second quarter. Company raises $2.7 million from investors and secures $10 million credit facility.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.06%
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-
Rhea-AI Summary
Splash Beverage Group, Inc. establishes a $10 million operating capital credit facility and withdraws its existing $200 million S-3 Registration Statement. The new credit facility provides favorable financing at the current Euribor rate plus 1.5% and matures in 5 years. The company aims to fuel growth and reach profitability with the capital raised.
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Rhea-AI Sentiment
End-of-Day
2.6%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.32%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.81%
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Splash Beverage Group Inc

NYSE:SBEV

SBEV Rankings

SBEV Stock Data

14.89M
32.32M
15.28%
5.61%
0.45%
Home Health Care Services
Health Care and Social Assistance
Link
United States
Fort Lauderdale

About SBEV

canfield medical supply, inc. produces and distributes non-alcoholic drinks under the brand name tapout, amazoo, and bruce tea. the company was founded in 2011 and is based in fort lauderdale, florida.