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Winc Inc (NYSE:WBEV) has launched Summer Water Bubbly, a sparkling French rosé that will be available in retail stores across the U.S.
Winc expects Summer Water Bubbly to catapult growth for the Summer Water portfolio, as the sparkling rosé category is growing at 34% according to Nielsen.
"We believe this release is the next step in building on this valuable franchise and executing on our long-term vision for omni-channel growth," said Winc's Co-Founder and President, Brian Smith.
Price Action: WBEV shares are trading lower by 4.14% at $10.2 on the last check Wednesday.

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