Oatly Announces Entry Into Meijer Stores
October 03 2023 - 8:30AM
Oatly Group AB (Nasdaq: OTLY)(“Oatly” or the “Company”), the
world’s original and largest oat drink company, today
announced new US retail distribution with Meijer, the
family-owned Midwestern retailer known for convenient “one-stop”
shopping. Oatly Original and Full Fat 64oz. chilled oatmilks are
now available at all 265 Meijer locations, in addition to the
Company’s 32oz. shelf-stable Original and Barista Edition. The
expansion marks Oatly’s emphasis on increasing distribution of its
oat-based products across retail and foodservice partners
throughout the US.
“As we continue to grow our retail footprint throughout the US,
Meijer represents an important step for us,” said Mike Messersmith,
President, Oatly North America. “Presence at the beloved Midwestern
retailer allows us to introduce our oatmilk products to new
customers and new audiences. We’re excited for them to try Oatly
and experience all the ways our products can be incorporated into
their routines – from morning coffee, to cooking recipes, enjoying
cereal and more.”
Oatly makes delicious non-dairy milk alternatives that have the
same creamy taste, frothy feel, and functionality as cow’s milk
while generally having a lower climate impact than cow’s milk.1
Oatly Original, Full Fat and Barista Edition oatmilks sold in the
US are made from 100% gluten-free oats and contain no dairy, no
nuts, and no GMOs.
For more information on Oatly and the company’s portfolio of
products, visit Oatly.com.
About OatlyWe are the world’s original and
largest oat drink company. For over 25 years, we have exclusively
focused on developing expertise around oats: a global power crop
with inherent properties suited for sustainability and human
health. Our commitment to oats has resulted in core technical
advancements that enabled us to unlock the breadth of the dairy
portfolio, including alternatives to milks, ice cream, yogurt,
cooking creams, spreads and on-the-go drinks. Headquartered in
Malmö, Sweden, the Oatly brand is available in more than 20
countries globally.
Forward Looking StatementsThis press release
contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. Any express or
implied statements contained in this press release that are not
statements of historical fact may be deemed to be forward-looking
statements, including, without limitation, the distribution with
Meijer, as well as statements that include the words “expect,”
“intend,” “plan,” “believe,” “project,” “forecast,” “estimate,”
“may,” “should,” “anticipate,” “will,” “aim,” “potential,”
“continue,” “is/are likely to” and similar statements of a future
or forward-looking nature. Forward-looking statements are neither
promises nor guarantees, but involve known and unknown risks and
uncertainties that could cause actual results to differ materially
from those projected, including, without limitation: general
economic conditions including high inflationary cost pressures; our
history of losses and inability to achieve or sustain
profitability; the impact of the COVID-19 pandemic, including the
spread of variants of the virus, on our business and the
international economy; any failure to obtain necessary capital when
needed on acceptable terms; a cybersecurity incident or other
technology disruptions; changing consumer preferences and our
ability to adapt to new or changing preferences; and the other
important factors discussed under the caption “Risk Factors” in
Oatly’s Annual Report on Form 20-F for the year ended December 31,
2022 filed with the SEC on April 19, 2023 and other filings with
the SEC as such factors may be updated from time to time. Any
forward-looking statements contained in this press release speak
only as of the date hereof and accordingly undue reliance should
not be placed on such statements. Oatly disclaims any obligation or
undertaking to update or revise any forward-looking statements
contained in this press release, whether as a result of new
information, future events or otherwise, other than to the extent
required by applicable law.
1 Poore, J., & Nemecek, T. (2018). Reducing food’s
environmental impacts through producers and consumers. Science,
360(6392), 987-992.
Contact
Oatly Group AB
+1 866-704-0391
investors@oatly.com
press.us@oatly.com
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