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Published on 4/6/2021 in the Prospect News Distressed Debt Daily.

Dean Foods marks $914,000 net loss, zero revenues for February

By Sarah Lizee

Olympia, Wash., April 5 – Southern Foods Group, LLC, which does business as Dean Foods Co., reported an $914,000 net loss on zero revenues for the Feb. 1 through Feb. 28 period, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Southern District of Texas.

In comparison, the company posted a $2.29 million net income on zero revenues for the Jan. 1 through Jan. 31 period.

The company had $116.924 million of cash as of Feb. 28, down from $144.37 million at the end of January.

Dean Foods is a Dallas-based food and beverage company. The company filed bankruptcy on Nov. 12, 2019 under Chapter 11 case number 19-36313.


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