Dean Foods Posts Wider Loss Than Expected in First Quarter Amid Conversations With Potential Buyers

Dallas-based Dean Foods posted a wider than expected loss in the first quarter of 2019 with a total of $62 million in net losses Tuesday, and executives said that the company was still "open-minded" about a sale of the company.The company, which operates brands like Dairy-Pure and TruMoo dairy products, is in the midst of a cost-cutting and restructuring process and says losses are on track with internal plans for the full year."We have made significant progress integrating our operating model, right-sizing our cost structure and introducing innovative new products," Chief Executive Ralph Scozzafava said in a statement.  Continue reading...