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Benzinga

Business

Shivani Kumaresan

Splash Beverage Stock Jumps As Pulpoloco Sangria Line To Hit Shelves In Ralph's Grocery Stores

Ralph (Organization) Splash Splash Beverage NYSE SBEV Kroger Co Splash Beverage Group Inc Walmart

Splash Beverage Group Inc (NYSE:SBEV) has received authorization to sell its Pulpoloco Sangria line in Ralph's Grocery stores.
Ralph's Grocery, a division of Kroger Co (NYSE:KR), has 187 stores across Southern California.
"After a successful test run, Ralph's authorized all three SKU's of Pulpoloco white, rosé and classic red," said CEO Robert Nistico.
Ralph's Grocery already carries Splash's Copa di Vino varietals, which were added in the early summer of 2021.
Also Read: Splash Beverage Stock Skyrockets On Deal To Sell TapouT Drink In Walmart Stores Across Florida
Price Action: SBEV shares are trading higher by 24% at $4.03 on the last check Wednesday.

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