Dean Foods Reports Fourth Quarter, Full Year 2014 Results

Feb. 10, 2015

DALLAS, Feb. 10, 2015 /PRNewswire/ -- Dean Foods Company (NYSE: DF) today announced fourth quarter and full year 2014 results. For the full year the Company reported a net loss of $20 million, or $0.22 of loss per share, as compared to net income of $813 million, or $8.58 of earnings per diluted share, for the full year 2013. On an adjusted basis, the Company's net loss of $13 million, or$0.14 of loss per share for the full year 2014, compared to net income of $82 million, or $0.86 of earnings per diluted share, for the full year 2013.

Fourth quarter 2014 net income of $5 million, or $0.06 of earnings per diluted share, compared to a fourth quarter 2013 loss of $38 million, or $0.40 of loss per share. On an adjusted basis, the fourth quarter 2014 net income was $7 million, or $0.08 of earnings per diluted share, compared to fourth quarter 2013 net income of $17 million, or $0.18 of earnings per diluted share.  

Full year 2014 operating income totaled $9 million, compared to full year 2013 operating income of $131 million. Full year 2014 adjusted operating income totaled $36 million, compared to adjusted operating income of $228 million in the year-ago period.

Fourth quarter 2014 operating income totaled $8 million, compared to fourth quarter 2013 operating income of $35 million. Fourth quarter 2014 adjusted operating income totaled $26 million, compared to adjusted operating income of $48 million in the year-ago period. Full report.