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L1C4
Louisville Fan
The Ville
Member since Aug 2017
5436 posts

dean foods files for chapter 11 bankruptcy
Blames declining milk sales and loss of stock value.


Jjdoc
Columbia Fan
Cali
Member since Mar 2016
30254 posts
 Online 

re: dean foods files for chapter 11 bankruptcy
I think they lost Walmart contract


Shepherd88
Member since Dec 2013
3169 posts
 Online 

re: dean foods files for chapter 11 bankruptcy
Hmm wonder if WMT or Kroger may be contemplating purchasing the company outright?


LSUfan20005
LSU Fan
Member since Sep 2012
6446 posts

re: dean foods files for chapter 11 bankruptcy
Wmt already has their own milk facility, that’s why Dean started to lose share, but they’ve had pain at other retailers as well.

There’s plenty of truth to reduced milk consumption; not really a growth category.


baldona
Auburn Fan
Florida
Member since Feb 2016
13341 posts
 Online 

re: dean foods files for chapter 11 bankruptcy
There’s a difference between declining milk and filing bankruptcy. More to see here then they are leading on us my guess.


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10
dpier16
Member since Aug 2016
75 posts

re: dean foods files for chapter 11 bankruptcy
Dean’s in talks with the Dairy Farmers of America (DFA) about a deal in which DFA would buy almost all of Dean, a dairy aisle mainstay that produces Land O'Lakes and Organic Valley's milks. Dean also said it’s secured $850 million in financing from existing lenders.


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10
lsu xman
Member since Oct 2006
13822 posts

re: dean foods files for chapter 11 bankruptcy
Milk is a tough business. $5/gal and how many are sold a day vs the $5 starbucks coffee cup.


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10
CajunTiger92
LSU Fan
Member since Dec 2007
2240 posts
 Online 

re: dean foods files for chapter 11 bankruptcy
Sounds like their business soured.


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10
Twenty 49
LSU Fan
Shreveport
Member since Jun 2014
13590 posts

re: dean foods files for chapter 11 bankruptcy
Their spokesman was on SNL's Weekend Update. Funny guy.


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