The Latest Breaking News from OTLY

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…

Beyond Meat Inc (NASDAQ: BYND) shares traded higher Thursday before moving lower in the afternoon, and remain down 56.6% year-to-date after the company reported a larger-than-expected first-quarter net lo

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 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…