Oatly Aktie News

NEW YORK, NY / ACCESSWIRE / May 16, 2024 / Levi & Korsinsky informs shareholders that a settlement has been reached in the pending class action lawsuit against Oatly Group AB (NASDAQ:OTLY). The settlement provides for a fund of $9,250,000 to benefit class members.

MALMÖ, Sweden, May 15, 2024 (GLOBE NEWSWIRE) -- Oatly Group AB (Nasdaq: OTLY) (“Oatly” or the “Company”), the world's original and largest oat drink company, today announced the results of its Annual General Meeting of shareholders (the “AGM”) held on May 15, 2024.

NEW YORK, NY / ACCESSWIRE / May 14, 2024 / Levi & Korsinsky informs shareholders that a settlement has been reached in the pending class action lawsuit against Oatly Group AB (NASDAQ:OTLY). The settlement provides for a fund of $9,250,000 to benefit class members.

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Oatly's revenue barely grew in Q1, and it didn't generate a profit. The stock rose due to low expectations for the oat milk brand.

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Oatly Group AB (NASDAQ:OTLY ) Q1 2024 Earnings Conference Call April 30, 2024 8:30 AM ET Company Participants Brian Kearney - Vice President of Investor Relations Jean-Christophe Flatin - Chief Executive Officer Daniel Ordonez - Chief Operating Officer Marie-Jose David - Chief Financial Officer Conference Call Participants Michael Lavery - Piper Sandler Ken Goldman - JPMorgan Max Gumport - BNP ...

Oatly's top-line growth has slowed to a crawl, but management is fixing its supply chain to boost margins. The company is still burning significant cash, even with the improvements, a risk investors should account for before investing.