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David Figueredo

Vice President and Senior Equity Analyst at Csu Producer Resources, Inc.

David Figueredo is a Vice President and Senior Equity Analyst at CSU Investment, Inc., specializing in coverage of consumer staples and retail sector companies such as Kroger, Walmart, and Costco. He is recognized for his comprehensive research and actionable investment recommendations, achieving a success rate of over 60% and consistently ranking within the top quartile of analysts on TipRanks for stock performance. Figueredo began his analyst career with Citibank in 2010, later holding positions at Evercore ISI before joining CSU Investment, Inc. in 2018. He holds FINRA Series 7 and 63 licenses and is a CFA charterholder, reflecting his strong professional credentials in equity analysis and asset management.

David Figueredo's questions to SPLASH BEVERAGE GROUP (SBEV) leadership

Question · Q2 2024

David Figueredo of CSU Investment, Inc. thanked management for their tenacity through a difficult period and shared positive personal feedback on the Qplash, Salt Tequila, and Pulpoloco brands, specifically noting the premium feel of the paper can. He then asked about the broader consumer reception for the energy drink and tequila products.

Answer

CEO Robert Nistico expressed gratitude for the support and confirmed the positive consumer reception for the brands. He highlighted a key strategic move for Salt Tequila: the launch of a straight silver variant, which will allow the brand to become the exclusive tequila in bars and restaurants. Regarding the energy drink, Nistico reiterated that while the TapouT brand name is being discontinued, the popular and efficacious liquid formula is owned by Splash and will be transitioned to a new brand in the future.

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