Oatly GAAP EPS of -$0.12 Beats By $0.02, Revenue of $177.96M Misses By $5.56M

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Oatly GAAP EPS of -$0.12 Beats By $0.02, Revenue of $177.96M Misses By $5.56M

Seekingalpha2022-08-02

Oatly Q2 GAAP EPS of -$0.12 beats by $0.02.
Revenue of $177.96M (+21.8% Y/Y) misses by $5.56M.
FY2022 Outlook: Revenue of $800M to $830M (vs. consensus of $886.36M), an increase of 24% to 29% Y/Y with growth across regions; Capital expenditures between $220M and $240M; Run-rate production capacity to be approximately 900M liters of finished goods at the end of the year.
Stocks slid over 7% in premarket trading.

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