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  "documentTitle": "Oatly Group AB (OTLY)",
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  "authorName": "Ben Axler",
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  "presentationDate": "2021-07-14 00:00:00",
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  "notes": "The slide uses visual evidence (photos of price tags) to support a bearish thesis on Oatly's competitive environment.",
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      "text": "We find evidence that Califia Farms is aggressively price promoting its new Oat Milk as incentives to gain share. We believe it's only a matter of time before Oatly is faced with the reality it too will need to lower prices in order to stimulate growth and protect market share.",
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      "text": "Three photos of retail shelves showing Califia Farms products with price tags.",
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      "text": "Source: ShopRite supermarkets",
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      "text": "Source: Walmart's Every Day Low Price",
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      "text": "Califia Farms Is Price Promoting To Gain Share",
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