David Figueredo's questions to Splash Beverage Group Inc (SBEV) leadership • Q2 2024
Question
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.