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Oatly’s inventory slides 10% after loss greater than doubles and it warns of a nasty 2024

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Oatly Inc.’s inventory fell 10% Thursday to hover near its all-time low, after the oat-milk maker’s fourth-quarter loss greater than doubled from a yr prior and its income fell far wanting analyst estimates.

The Sweden-based firm OTLY posted a web lack of $298.7 million, or 50 cents a share, for the quarter — wider than the lack of $125.2 million, or 21 cents a share, it posted within the year-earlier interval. The FactSet analyst consensus was for a lack of 11 cents.

The…

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