Oatly (OTLY) Misses Q1 EPS by 3c, Revenues Beat

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Oatly Reports First Quarter 2022 Financial Results

May 4, 2022 7:00 AM EDT

First Quarter Revenue of $166.2 Million

Reiterates Fiscal Year 2022 Outlook

MALMÖ, Sweden, May 04, 2022 (GLOBE NEWSWIRE) -- Oatly Group AB (Nasdaq: OTLY) (Oatly or the Company), the worlds original and largest oat drink company, today announced financial results for the first quarter ended March 31, 2022.

Toni Petersson, Oatlys CEO, commented, Given the challenging operating environment, we are pleased with our first quarter revenue results which exceeded our expectations. In March, we saw significant improvements in EMEA and Americas, with record revenue in... More