Oatly Announces Nationwide Availability At Insomnia Cookies
Portfolio Pulse from Benzinga Newsdesk
Oatly Group AB (OTLY) has announced a new foodservice distribution partnership with Insomnia Cookies, making its Original and Chocolate Oatmilks available at over 250 Insomnia Cookies locations across the US. This collaboration is expected to expand Oatly's foodservice footprint and offer customers a non-dairy beverage option that complements Insomnia Cookies' offerings.

November 16, 2023 | 1:35 pm
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Oatly's partnership with Insomnia Cookies for nationwide distribution of its oatmilks could increase brand visibility and potentially boost sales, benefiting OTLY's market position in the non-dairy sector.
The partnership with Insomnia Cookies is directly related to Oatly's business strategy of expanding its distribution channels. Given the increasing consumer demand for non-dairy alternatives, this collaboration is likely to enhance Oatly's brand recognition and sales in the short term. The positive impact on OTLY's stock price is anticipated due to the potential for increased revenue and market share in the plant-based milk segment.
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