Splash Beverage Group Inc. (SBEV) Benefits From Strongest U.S. Distilled Spirits Growth Rate in 18 years
The North American liquor industry benefitted from a surge in revenue growth in 2020, in spite of widespread restaurant, bar closures U.S. distilled spirits gross revenues rose by 7.7% last year, the biggest percentage increase in 18 years with sales of tequila rising by 17.4% YoY Splash Beverage Group has benefitted from industry’s growth trends, seeing its quarterly sales growth soar nearly 10-fold between Q1-Q42020 Splash Beverage has looked to diversify its product portfolio to benefit from ‘off-premise’ sales, including through recent acquisition of ‘Copa Di Vino’ With restaurants and bars shut across much of the United States for the…







