Oatly Group shares are trading lower after the company reported worse-than-expected Q2 financial results and cut FY23 revenue guidance.
Portfolio Pulse from Bill Haddad
Oatly Group reported disappointing Q2 financial results and reduced its FY23 revenue guidance, leading to a drop in its share price.
July 27, 2023 | 6:15 pm
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NEGATIVE IMPACT
Oatly Group's shares are trading lower due to poor Q2 results and a cut in FY23 revenue guidance.
Oatly Group's worse-than-expected Q2 financial results and the reduction in its FY23 revenue guidance have negatively impacted investor sentiment, leading to a decrease in its share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100