- Oat drink company Oatly Group AB (NASDAQ:OTLY) has partnered with Germany’s petrol station network, Aral, to launch its Oatly Barista Edition in approximately 1,250 sites. Aral has around 2,400 retail sites in Germany.
- Aral, which is also one of Germany’s largest coffee-to-go vendors, serves more than 85,000 coffees on a daily basis.
- The petrol station network will support Oatly’s mission to convert new consumers from dairy to plant-based beginning behind the coffee counter and expects to expand its retail offering in November to include Oatly Hafer Barista Edition (1 liter) for at-home consumption.
- “We’re excited to kick off our cooperation with Aral to introduce Oatly to its large customer base across Germany,” said Helge Weitz, Oatly’s General Manager, DACH.
- Price Action: OTLY shares are trading flat at $2.12 on the last check Wednesday.
Dynatrace Raises FY24 Outlook: Revenue $1.485B-$1.495B ($1.48B-$1.49B Prior) Vs. $1.417B Estimate, Adj. EPS $1.16-$1.18 ($1.09 – $1.12 Prior) Vs, $1.11 Estimate
(In millions, except per share data)
Current Guidance
Fiscal 2024
Prior Guidance
Fiscal 2024*
Guidance
