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.
Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
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.
Read more »
Tyson Foods profit beat on higher demand for beef, prepared foodsTyson Foods Inc on Monday reported quarterly profit that beat Wall Street estima...
Read more »
How Whole Foods went from a hippie natural foods store to Amazon's $13.7 billion grocery weaponWhole Foods went through many phases before being acquired by Amazon for $13.7 billion.
Read more »
Tyson Foods beats second-quarter profit estimates, eyes boost from fatal hog virusTyson Foods Inc projected on Monday that it could reap significant financial gai...
Read more »
Huddersfield chairman Hoyle agrees to sell clubHuddersfield Town chairman Dean Hoyle has agreed to sell the club to businessman...
Read more »