Dean Foods Concludes Strategic Alternatives Review; Focuses on Go-Forward Strategy Under New Leadership to Enhance Long-Term Shareholder Value

September 9, 2019 Dean Foods

Dean Foods Company announced that its Board of Directors has concluded its previously announced review of strategic alternatives.

Dean Foods’ Stock Plunges After Loss Widens More Than Expected Amid ‘Accelerated Decline’ in Milk Sales

Shares of Dean Foods Co. plummeted 32% in premarket trading Tuesday, after the milk and dairy products seller reported a wider-than-expected second-quarter loss and sales that rose less than analyst projections, amid volume pressure and an “accelerated decline” in the conventional white milk category.

Dean Foods Appoints Eric Beringause as President and CEO

July 30, 2019 Dean Foods

Beringause brings to Dean Foods more than 30 years of transformational leadership and operational experience at a broad range of blue-chip brands in the food, beverage and consumer products industries, including expertise in food processing and branded and contract manufacturing.

Dean Foods Successfully Increases Availability Under Its Revolving Credit Facility

July 1, 2019 Dean Foods

Dean Foods Company (NYSE: DF) today announced it has successfully increased the Company’s borrowing base availability to $265 million under its senior secured revolving credit facility by completing post-closing appraisal work.

America’s Biggest Milk Processor is Trading Under a Buck

June 27, 2019 Bloomberg

On Tuesday, shares of Dean Foods—which was based in Franklin Park for more than 70 years until 2001—closed at less than $1 for the first time since they started trading more than two decades ago. The destruction of value—from a peak of $6.2 billion in 2007 to about $90 million now—is as simple to explain as it is dramatic: Americans aren’t drinking as much milk.