Why Oatly Stock Jumped Today

Oatly Group's stock surged 19.12% after the Swedish oat milk maker reported Q2 revenue growth of 15.2% to $240 million, driven by strong European and international performance. The company raised its full-year revenue growth guidance to 8%-10% from 3%-5%, while improving gross margins to 33.9% and narrowing net losses. Management highlighted expanding market share, new product formats appealing to younger consumers, and ongoing cost optimization efforts.