Pacific Ventures Group, Inc.
PACV
Other OTC0.00
USD
- -
- -
CIK
0000882800
ISIN
US6950423094
CUSIP
695042200
Return %
Stock
S&P500
1Y
0.00
26.53
3Y
-99.95
76.60
5Y
-100.00
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Shannon Masjedi
- Full Time Employees
- 87
- Sector
- Consumer Defensive
- Industry
- Food Distribution
- Address
- 117 West 9th Street Los Angeles CA United States of America 90015
- IPO Date
- Dec 5, 2012
- CIK
- 0000882800
- Website
- pacvgroup.com
- Similar Companies
- Business
- Pacific Ventures Group, Inc. is a food and beverage holding company focused on the production, sale, and distribution of alcohol-infused ice creams and ice-pops under its SnöBar brand. The company also operates in the foodservice distribution and meat processing sectors through its subsidiaries, supplying custom processed beef, pork, chicken, lamb, veal, and seafood products. Additionally, Pacific Ventures distributes fresh fruits, vegetables, specialty groceries, and provides freezer sales and leasing as well as marketing services. Headquartered in Los Angeles, California, and founded in 2013, the company targets foodservice operations such as redistributors, hotels, restaurants, schools, and nursing homes, alongside retail customers and wholesale restaurants. Recent strategic developments at Pacific Ventures Group include the launch of a direct-to-customer online sales platform for its Seaport Meat Company, expanding its market reach into e-commerce. The company has also completed a balance sheet restructuring including the payoff of long-standing debt, aiming to strengthen financial flexibility. In its sustainability efforts, Pacific Ventures added all-electric vehicles to its truck fleet to reduce emissions and drive operational cost savings. The company is actively pursuing national expansion through acquisitions and strategic alliances to broaden its distribution footprint and product offerings within the consumer products, food, beverage, and alcohol-related industries. Pacific Ventures Group primarily operates in the U.S. market and continues to expand its product portfolio with a consumer-centric focus on innovative food and beverage products that integrate alcohol content, alongside traditional meat and produce distribution services. The company has demonstrated commitment to operational improvements and sustainable business practices while positioning for growth in the food and beverage sector.
Head-To-Head Contrast: Great Elm Capital Group (NASDAQ:GECC) vs. Pacific Ventures Group (OTCMKTS:PACV)
Head to Head Analysis: Pacific Ventures Group (OTCMKTS:PACV) vs. KKR & Co. Inc. (NYSE:KKR)
Pacific Ventures Furthers Balance Sheet Restructure Momentum, Completes Payoff of Long-Standing Debt Obligation
Pacific Ventures' Seaport Meat Company Launches Direct-to-Customer Online Sales Platform