date:Aug 09, 2013
celerated the severance (costs) including our plans to close 10 to 15 percent of our plants...we expect these efforts to offset the volume deleverage, Chief Executive Gregg Tanner said on a conference call with analysts.
The company said it planned to close eight to 12 of its factories by the middle of next year.
Dean reported a net loss of $56.9 million, or 30 cents per share, on an attributable basis for the quarter ended June, compared with a profit of $56.2 million, or 30 cents per share,