Oatly Announces Nationwide Availability at Insomnia Cookies
16 Novembre 2023 - 2:30PM
Oatly Group AB (Nasdaq: OTLY)(“Oatly” or the “Company”), the
world’s original and largest oat drink company, today
announced a new foodservice distribution arrangement in the US
with Insomnia Cookies, the beloved brand known for serving warm
cookies all day and late into the night. Available at all 250+
locations throughout the US, Oatly 11oz Original and Chocolate
Oatmilks are now offered as a great-tasting beverage option
alongside Insomnia Cookies’ range of signature warm, delectable
cookies, desserts, and ice creams.
“Among the most quintessential of food combinations has to be
milk and cookies,” said Mike Messersmith, President, Oatly North
America. “Insomnia Cookies has built an amazing brand and
reputation for providing fantastic cookies and more, whenever
people are craving them, and we know that our Oatly oatmilks will
be a perfect complement to any order. We’re delighted to continue
building our foodservice footprint in the US with such a sweet
partner.”
Oatly makes non-dairy milk alternatives that have the same
creamy taste, frothy feel, and functionality as cow’s milk and also
generally have a lower climate impact than cow’s milk.1
“Oatly is the original oatmilk and has paved the way for the
plant-based milk revolution,” said Tom Carusona, Chief Marketing
Officer, at Insomnia Cookies. “We’re excited to bring this new
offering to our customers, who we know are increasingly looking for
great non-dairy options that are better for the planet. Paired with
our signature, warm delicious cookies, it’s a no-brainer.”
Oatly Original and Chocolate oatmilks are available in 11oz
single serve sizes at all Insomnia Cookies stores, as well as
through online ordering platforms (which vary per region). Visit
InsomniaCookies.com to find a location near you.
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.
About Insomnia CookiesInsomnia Cookies is a
rapidly expanding late-night bakery concept headquartered in
Philadelphia, PA. Founded in a University of Pennsylvania dorm room
by then-student Seth Berkowitz, Insomnia Cookies has been feeding
the insatiable hunger of loyal Insomniacs since 2003. Today, with
more than 245 locations nationwide, Insomnia Cookies offers a wide
variety of delicious cookies, ice cream, and other sweet treats
in-store, for local delivery, and nationwide shipping. Details
about Insomnia’s menu, delivery, and nationwide shipping options
can be found here (late-night delivery until 1 a.m. or
later).
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
Insomnia Cookies, 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 our Current Report on
Form 6-K filed with the SEC on November 9, 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
Oatly Group AB (NASDAQ:OTLY)
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