date:Aug 09, 2013
he company, which has divested many of its own food brands to focus on milk, lost a significant amount of business from Wal-Mart to a cheaper rival, although it still sells milk to the chain.
It said in February that the contract loss would lead to a small decline in 2013 milk volumes but the situation has since grown worse.
Chief Executive Gregg Tanner said on Thursday the fluid milk category volume this year will likely be a bit softer than the company had previously anticipated.
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