UPDATE: Dean Foods stock slides 7.7% after company posts wider-than-expected loss as sales fall short

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Dean Foods stock slides after company posts wider-than-expected loss

Dean Foods Co. shares DF, +10.53% slid almost 8% in premarket trade Tuesday, after the company posted a wider-than-expected loss for the first quarter as sales fell short of estimates. The company said it had a net loss of $62 million, or 67 cents a share, in the quarter, wider than the loss of $265,000, or breakeven, posted in the year-earlier period. The company's adjusted loss per share came to 41 cents, compared with a FactSet consensus for a loss of 27 cents a share. Sales fell to $1.

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Dean Foods Falters in More Concentrated Milk MarketAmerica’s biggest milk maker has hired bankers to review options including a sale of the company, privatization or divestiture of some assets as milk consumption continues to decline in the U.S. Not a bad thing. New products, different market balance is good for consumers. Hey James Woods should be back on twitter. Banning conservatives will lead to government regulation. Free speech has to mean free speech. Bring back Woods today Americans are waking up and asking themsleves, 'Why are we drinking milk from a fucking cow?' We give our babies cow milk...when we don't see cows giving their calfs human milk! I'll be getting my Vitamin D from somewhere else. As soon as I stop lol.
Source: WSJ - 🏆 98. / 63 Read more »