Dallas-based Dean Foods posted a larger-than-expected loss in the first quarter of the year, and company executives say they remain “open-minded” about a possible sale of the company.
The company, which operates brands including DairyPure 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. It reported a $62 million quarterly loss Tuesday.
“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.
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