Tuesday, August 7, 2018

Dean Foods Q2 Adj. Profit Matches View, But Revenue Top; Cuts 2018 Adj. EPS View

Dean Foods Co. (DF) reported a loss for the second quarter 2018 compared to profit in the prior year. Adjusted earnings per share matched analysts' expectations, while quarterly revenue topped their expectations. It cut its full-year adjusted profit outlook, citing inflation and private label competition. It increased its full-year free cash flow guidance.

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