Oatly Reports Q3 2026 Revenue Growth Amidst Downward EBITDA Guidance Revision
Oatly Group AB (OTLY) reported third-quarter revenue of $243.1 million, a 9.1% increase driven by international expansion and retail volume growth. The company saw significant margin expansion in Europe and improved its net loss per share to $0.04 from $0.11 in the prior year. However, despite these gains, Oatly revised its full-year Adjusted EBITDA guidance downward to a range of $16 million to $20 million, down from the previous estimate of $25 million to $35 million. The downward revision is primarily attributed to rising logistics and diesel costs in North America, which have outpaced the company's ability to offset them. While international markets showed strength—particularly in Europe with 20.4% constant currency growth—the Greater China segment faced a 19.3% decline due to intense competition. Management also warned that cost pressures regarding logistics and COGS may persist into 2027.
Tickers: $OTLY
Topics: EBITDA Guidance Revision Gross Profit Margin Logistics Costs Regional Performance Revenue Growth