So Q3 is 2/3rd over, $OTLY Oatly gave no guidance, but now we see their #oatmilk being discounted at mass market, low cost retailer Target $TGT - and yet still it wasn't sold out while competitor Silk was gone. So much demand and being discounted at a discount retail... #skeptic
We still have received no response from $OTLY Oatly to any of our open questions. Notably, what is going so terribly wrong in #Sweden ? Check out what we found. We estimate production is down 16% and claims of capacity expansion continue to fall short #skeptic #oatmilk #oat #milk
Chobani now attacking $OTLY Oatly sustainable packaging practices
Shares of Oatly soared 30 percent on Thursday as investors jumped at the chance to take part in rapid changes in the food industry driven by consumer tastes shifting to plant-based products.
Oatly, the Swedish oat milk producer, is about to go public in an offering that could value it at $10 billion. And to justify that frothy valuation, it will have to convince investors it can dominate in a market with plenty of competition.
Oatly's investors include Oprah, Jay-Z and Natalie Portman. But instead it went with its singing CEO.