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The Latest Breaking News from Oatly Group AB

3 Food Innovation Stocks Feeding the Future With Disruptive Tech

Food innovation is advancing, given the growing demand for healthier food and rapid technological adoption. Given the industry’s tailwinds, considering sound food innovation stocks, Tyson Foods (TSN), Ingredion Incorporated (INGR), and Oatly Group (OTLY) could be ideal as these stocks transform the food market with technology. Keep reading.

Oatly Adds Electric Trucks To North American Fleet

Oatly Adds Electric Trucks To North American Fleet

Oatly Group AB (NASDAQ:OTLY) has inducted electric-powered, heavy-duty trucks into its ground transportation in North America. OTLY has been using electric trucks in European transport operations since 2020. Oatly has now expanded the initiative to include an initial fleet of five electric trucks in the U.S. The move is a part of the…

Oatly Offers One-Hour Delivery In Los Angeles, New York City

Oatly Offers One-Hour Delivery In Los Angeles, New York City

Oatly Group AB (NASDAQ:OTLY) offers one-hour delivery of a selection of its best-selling oat-based products in Los Angeles and New York City. Consumers can order Oatly products through branded storefronts on Postmates, Uber Technologies, Inc. (NYSE:UBER) UberEats, DoorDash, Inc. (NYSE:DASH) DoorDash, and Grubhub. In addition to availability on major apps now, Oatly expects to launch one-hour delivery…

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Oatly Group Reports Mixed Q1 Earnings; Reiterates FY22 Outlook

Oatly Group AB (NASDAQ:OTLY) reported first-quarter FY22 sales growth of 18.6% year-on-year to $166.19 million, beating the consensus of $161.78 million. Revenue in the Americas jumped 40.3% Y/Y to $47 million, EMEA rose 10.9% to $90.5 million, and Asia grew 15.3% to $28.7 million. Gross margin contracted by 2,040 basis points to 9.5%,…

Oatly Group Posts Mixed Q4 Results; FY22 Outlook Lags Consensus

Oatly Group AB (NASDAQ:OTLY) reported fourth-quarter FY21 sales growth of 46.3% year-on-year, to $185.93 million, beating the consensus of $174.22 million. Revenue in the Americas jumped 96.5% Y/Y to $55.5 million, EMEA rose 14.1% to $88.9 million, and Asia grew 97.9% to $41.6 million. The gross margin contracted by 1,180 basis points to…

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