STOCK TITAN

Oatly Group AB American Depositary Shares - OTLY STOCK NEWS

Welcome to our dedicated page for Oatly Group AB American Depositary Shares news (Ticker: OTLY), a resource for investors and traders seeking the latest updates and insights on Oatly Group AB American Depositary Shares stock.

Oatly Group AB (OTLY) is a pioneering company in the food and drinks industry, renowned for its innovative oat-based products. Founded in the 1990s in Sweden, Oatly leverages patented enzyme technology developed at Lund University to transform fiber-rich oats into nutritious liquid foods. The company's core mission is to provide delicious and healthy alternatives to dairy, without taxing the planet's resources.

Headquartered in Malmö, Sweden, Oatly operates a production and development center in Landskrona and has expanded its presence to over 20 countries across Europe, Asia, and North America. The company's product lineup includes Oat Drink, Chilled Oat Drink, Oatgurt, Creamy Oat, and Ice Creams, catering to diverse dietary preferences and lifestyles.

Oatly's latest product introductions, Oatly Unsweetened and Super Basic, have been designed to offer consumers more choices in non-dairy milk alternatives. These new products are available in 64 oz. chilled cartons at major retailers across the US, including Albertsons, Publix, Sprouts, and Target. All of Oatly's products in the US are free from the nine major allergens, and certified as vegan, gluten-free, non-GMO, and kosher.

Additionally, Oatly has entered into strategic partnerships to further its mission. Notably, the company has collaborated with Carvel to introduce oatmilk-based frozen desserts and with Virgin Voyages to offer its Barista Edition oatmilk on cruise ships. Oatly has also partnered with Barry's to feature its oatmilk in post-workout shakes at the fitness studio's Fuel Bars nationwide.

Financially, Oatly generates a significant portion of its revenue from the EMEA region, followed by the Americas and Asia. The company's commitment to sustainability and innovation has positioned it as a leader in the plant-based food and beverage sector.

For the latest updates and more information about Oatly's products and initiatives, visit Oatly.com.

Rhea-AI Summary
Oatly Group AB (OTLY) partners with Barry's to introduce its new Unsweetened Oatmilk at Fuel Bar menus across 40 US locations. The partnership includes unique studio activations and themed classes for Barry's clients. Oatly's Unsweetened oatmilk is a low-calorie, sugar-free option, rich in nutrients like calcium, riboflavin, and vitamins B12 and D, catering to health-conscious consumers. The collaboration aims to enhance post-workout nutrition and introduce Oatly's innovative product to a wellness-focused community.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.82%
Tags
none
-
Rhea-AI Summary
Oatly Group AB announces the launch of Oatly Oatmilk Creamers in the US, offering four classic flavors to enhance at-home coffee experiences. The plant-based creamers aim to tap into the growing market demand, with a suggested retail price of $5.99.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.65%
Tags
none
-
Rhea-AI Summary
Oatly Group AB (OTLY) announced financial results for Q4 and full year 2023, highlighting revenue growth, gross profit improvements, and strategic re-calibration. Despite revenue growth, net loss increased, EBITDA and Adjusted EBITDA improved. The company aims for solid top-line growth and profitable growth in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.37%
Tags
Rhea-AI Summary
Oatly Group AB announces a national partnership with Carvel, offering non-dairy frozen desserts at nearly 300 Carvel shoppes across 18 states in the U.S. The partnership introduces Oatly's oatmilk-based menu items to Carvel's classic ice cream shoppe, providing guests with a dairy-free alternative. The new menu items include Oatly Strawberry Soft Serve, Oatly Cookies & Cream Scooped, Oatly Chocolate Peanut Butter Scooped, Flying Saucer Sandwiches made with Oatly, and Frozen Dessert Cakes made with Oatly. Select locations will also offer Oatly Chocolate, Mint, and Cold Brew Soft Serve. This collaboration aims to cater to guests with dairy allergies or specific dietary preferences, expanding Carvel's offerings while preserving its classic flavors and nostalgia.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.38%
Tags
none
-
Rhea-AI Summary
Oatly Group AB (OTLY) will report Q4 2023 financial results on February 15, 2024. The company will host a conference call and webcast to discuss the results, accessible on Oatly's Investors website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.64%
Tags
conferences earnings
-
Rhea-AI Summary
Oatly Group AB (Nasdaq: OTLY) announced the launch of two new beverage innovations in the US: Unsweetened Oatmilk and Super Basic Oatmilk. Both products are designed to cater to different nutritional preferences while still delivering the same delicious Oatly taste consumers know and love. Oatly Unsweetened features a proprietary oat base delivering 0g of sugar and 40 calories per serving, while Oatly Super Basic has just four ingredients: water, oats, sea salt, and citrus zest fiber. The company aims to encourage the switch to oatmilk and drive its ultimate mission by providing consumers with more choice and not sacrificing great taste for dietary preferences. The new products are in line with the shift in consumer preference toward oat and plant-based milks, as illustrated by a recent Oatly flash poll on US consumer milk preferences.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.93%
Tags
none
Rhea-AI Summary
Oatly Group AB (OTLY) announced a new foodservice distribution arrangement with The Coffee Bean & Tea Leaf® Brand, making Oatly Barista Edition available at more than 180 cafes throughout the US. The exclusive oatmilk offering aims to bring a creamy, milk alternative to coffee and tea aficionados. Additionally, a limited-time seasonal beverage, the Vanilla Spiced Oat Latte, will be available at all US locations of The Coffee Bean & Tea Leaf® starting January 3. Oatly Barista Edition is a delicious, allergen-friendly milk alternative with the same creamy taste, frothy feel, and functionality as traditional dairy, and is better for the climate compared to cow’s milk.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.07%
Tags
none
-
Rhea-AI Summary
Oatly Group AB (Nasdaq: OTLY) announced a new foodservice distribution arrangement in the US with Insomnia Cookies, making Oatly Original and Chocolate Oatmilks available at all 250+ locations. This partnership aims to offer a great-tasting non-dairy beverage option alongside Insomnia Cookies’ range of warm, delectable cookies, desserts, and ice creams. Oatly's President, Mike Messersmith, emphasized the perfect complement of Oatly oatmilks to Insomnia Cookies' offerings, while Tom Carusona, Chief Marketing Officer at Insomnia Cookies, highlighted the increasing demand for non-dairy options that are better for the planet. Oatly's oatmilks are positioned as having the same creamy taste and functionality as cow’s milk, with a lower climate impact. The products are available in 11oz single serve sizes at all Insomnia Cookies stores and through online ordering platforms.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
43.58%
Tags
none
-
Rhea-AI Summary
Oatly Group AB (Nasdaq: OTLY) announced financial results for Q3 and 9 months ended September 30, 2023. Despite a 2.5% revenue increase, the company expects lower 2023 revenue growth and fourth quarter gross margin. The decision to discontinue construction on new production facilities will reduce capital expenditure requirements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.17%
Tags
Rhea-AI Summary
Oatly Group AB announced that Coffee Fellows, one of Germany's largest coffee chains, will make Oatly Barista available in 275 locations across Germany, Austria, Belgium, Luxembourg, and the Netherlands. Coffee Fellows aims to double its sales of oat drink by the end of 2024. Oatly Barista Edition is the most popular plant-based milk alternative in Germany, offering a creamy taste and functionality as traditional dairy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.84%
Tags
none

FAQ

What is the current stock price of Oatly Group AB American Depositary Shares (OTLY)?

The current stock price of Oatly Group AB American Depositary Shares (OTLY) is $0.7196 as of November 26, 2024.

What is the market cap of Oatly Group AB American Depositary Shares (OTLY)?

The market cap of Oatly Group AB American Depositary Shares (OTLY) is approximately 423.5M.

What does Oatly Group AB specialize in?

Oatly specializes in creating oat-based food and beverage alternatives to dairy products, using patented enzyme technology to transform oats into nutritious liquid foods.

In which regions is Oatly's oatmilk available?

Oatly's products are available in over 20 countries, including regions in Europe, Asia, and North America.

What are Oatly's newest products?

Oatly recently introduced Oatly Unsweetened and Super Basic, designed to offer more choices in non-dairy milk alternatives without compromising on taste.

Where can I buy Oatly's new products?

The new Oatly Unsweetened and Super Basic can be found in the refrigerated aisles of major US retailers like Albertsons, Publix, Sprouts, and Target.

Are Oatly products suitable for people with allergies?

Yes, all Oatly products in the US are free from the nine major allergens and are certified as vegan, gluten-free, non-GMO, and kosher.

Has Oatly collaborated with any other brands?

Yes, Oatly has partnered with Carvel for oatmilk-based frozen desserts, Virgin Voyages for Barista Edition oatmilk on cruise ships, and Barry's to feature its oatmilk in post-workout shakes.

What is Oatly's mission?

Oatly aims to provide delicious and healthy alternatives to dairy products while minimizing environmental impact.

Where are Oatly's headquarters?

Oatly is headquartered in Malmö, Sweden, with a production and development center in Landskrona.

How does Oatly contribute to sustainability?

Oatly focuses on developing plant-based products that have a lower environmental impact compared to traditional dairy, promoting a sustainable food system.

Where can I find more information about Oatly?

For more information, you can visit Oatly's official website at Oatly.com.

Oatly Group AB American Depositary Shares

Nasdaq:OTLY

OTLY Rankings

OTLY Stock Data

423.46M
586.46M
1.77%
61.21%
3.87%
Packaged Foods
Consumer Defensive
Link
United States of America
Malmö