Splash to Begin Sale of TapouT Beverages in Florida
Jan 11, 2022 By MarketDepth
Splash Beverage Group, Inc. (NYSE: SBEV) has just received authorization to sell its TapouT performance hydration and recovery drink in Florida.
Up 50% Premarket
Shares of Splash Beverage Group, Inc. (NYSE: SBEV) rose 53.5% in premarket hours.
“We are thrilled with this Walmart authorization, and this is a wonderful way to start 2022. Walmart is extremely selective in the brands they choose to offer their shoppers and selecting TapouT is great validation that TapouT can compete at the highest level with the biggest global brands.”Robert Nistico, Splash Beverage Group’s Chairman and CEO
The performance drink will initially be available at 47 Walmart locations, with approximately 341 stores total in the state of Florida.
“We are grateful to Walmart for the opportunity, and equally grateful to our distribution partner AB One and the Anheuser Busch network, who’s credibility with Walmart we are certain played an important role in our selection. The opportunity for significant growth within the Walmart Florida market and beyond is one that we will eagerly seize, and we appreciate the validation and confidence Walmart has demonstrated with us and the TapouT brand.”Robert Nistico, Splash Beverage Group’s Chairman and CEO