{"id":306439,"date":"2022-11-14T20:14:27","date_gmt":"2022-11-14T20:14:27","guid":{"rendered":"https:\/\/omni48.com\/?p=306439"},"modified":"2022-11-24T20:05:25","modified_gmt":"2022-11-24T20:05:25","slug":"why-oatly-stock-was-falling-today","status":"publish","type":"post","link":"https:\/\/omni48.com\/news\/why-oatly-stock-was-falling-today","title":{"rendered":"Why Oatly Stock Was Falling Today"},"content":{"rendered":"<p>What happened Shares of Oatly Group (NASDAQ: OTLY) were down 10% as of 1:52 p.m. ET on Monday after delivering disappointing third-quarter financial results. Management also guided for lower sales than what was expected for the full year. After robust demand last year, Oatly has seen demand slow this year,&#160;which has sent the stock down 72%. So what On the surface, the company&#8217;s revenue performance wasn&#8217;t too bad, with constant-currency revenue up 16% year over year.&#160;But this was well off the pace of 49% growth in the year-ago quarter. The good news is that the brand&#8217;s premium pricing doesn&#8217;t appear to be causing lower demand. Management noted that they are seeing minimal price elasticity globally, demonstrating the power of the brand. The main problems were pandemic restrictions in Asia and production challenges in the Americas. On the positive side, management remains focused on making decisions to drive long-term growth, including moving to improve the supply chain network in the near<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investors adjusted growth expectations following management&#8217;s lower forecast.<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,24],"tags":[],"class_list":["post-306439","post","type-post","status-publish","format-standard","hentry","category-news","category-stocks"],"acf":[],"_links":{"self":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/306439","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/comments?post=306439"}],"version-history":[{"count":0,"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/306439\/revisions"}],"wp:attachment":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/media?parent=306439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/categories?post=306439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/tags?post=306439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}