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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