date:May 09, 2014
oods forecast an adjusted loss of 2-8 cents per share for the second quarter ending June 30.
The company posted a surprise loss for the first quarter as its raw milk costs rose and a severe winter hurt its school milk business.
Net loss attributable to the company was $9 million, or 9 cents per share, compared with a profit of $493 million, or $5.30 per share, a year earlier.
Excluding items, the loss was 5 cents per share.
Dean Foods said weather-related disruptions increased its costs by a