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 to report Q3 2023 financial results on November 9, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.14%
Tags
conferences earnings
-
News
Rhea-AI Summary
Oatly expands retail distribution with Meijer, making its chilled and shelf-stable oatmilks available at all 265 Meijer locations in the US. Emphasis on increasing distribution across retail and foodservice partners. Oatly products have lower climate impact than cow's milk. Made from 100% gluten-free oats, no dairy, nuts, or GMOs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.67%
Tags
none
-
Rhea-AI Summary
Oatly Group AB (OTLY) and Deutsche Bahn (DB) have expanded their partnership to offer Oatly soft serve in all 16 DB lounges across Germany. Oatly's plant-based Vanilla Soft Serve, launched in the U.S. in 2021, is now available in Oatly branded self-service stations for all DB lounge guests. This expansion follows the successful launch of Oatly Barista Edition as the first plant-based milk alternative offering on all Deutsche Bahn ICE and Intercity trains in 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.96%
Tags
partnership
Rhea-AI Summary
Oatly Group AB (Nasdaq: OTLY) announced an expansion of its direct relationship with Amazon, making a range of Oatly’s Oat Drink products available on Amazon across key European markets. Oatly will list several popular Oat Drink lines including Oatly Barista Edition, Oatly Light, Oatly Semi, Oatly Whole, Oatly “No” Sugars, and Mini Barista. Amazon Prime members will have next day and subscribe and save delivery options. Oatly plans to produce a fully enclosed bespoke packaging solution for Amazon customers, reducing the carbon footprint of purchasing via this channel compared to customary packaging. Sales of plant-based milks have increased by 20% across Europe, with plant-based foods amounting to €5.7 billion in 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.8%
Tags
none
-
Rhea-AI Summary
Oatly Group AB (Nasdaq: OTLY) announced financial results for the second quarter and six months ended June 30, 2023. The company reported a 10.1% increase in revenue, reaching $196.0 million, with a gross margin of 19.2%. However, net loss attributable to shareholders of the parent was $86.7 million. Oatly also initiated a comprehensive improvement plan in the Asia segment to adapt to the evolving post-pandemic consumer environment and reduce operating costs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-23.96%
Tags
-
Rhea-AI Summary
Oatly announces the appointment of Marie-Jose David as Chief Financial Officer, effective October 1, 2023. Ms. David brings over two decades of global finance and leadership experience, including with consumer brands such as Mars and Pandora. Oatly believes her expertise will support their expansion into new markets and drive long-term growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.52%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
conferences earnings
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.92%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.93%
Tags
none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.86%
Tags

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 $0.7282 as of November 22, 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 425.6M.

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

425.58M
586.46M
1.77%
61.21%
3.87%
Packaged Foods
Consumer Defensive
Link
United States of America
Malmö