Dean Foods is one of America’s leading food and beverage companies, headquartered in Dallas, Texas.
It is one of the largest processors and distributors of milk in the US, operating over 50 dairy brands and private labels.
Dean Foods was founded by Dean R. Honas in the 1920’s. His company started off with an evaporated milk processing facility in northwestern Illinois.
It now operates over 70 manufacturing facilities throughout the U.S., with product distribution across all 50 states and a team of over 19,000 employees. Its products include milk, ice cream, cultured dairy products, creamers, juices and teas.
Dean Foods has a large portfolio of brands, such as TruMoo®, a leading national flavored milk brand, in addition to a number of regional dairy brands, including Alta Dena®, Berkeley Farms®, Country Fresh®, Dean’s®, Garelick Farms®, LAND O LAKES® milk and cultured products (licensed brand), Lehigh Valley Dairy Farms®, Mayfield®, McArthur®, Meadow Gold®, Oak Farms®, PET® (licensed brand), T.G. Lee®, Tuscan® and others.
The company’s vision is “to be the most admired and trusted provider of wholesome, great-tasting dairy products at every occasion”.
Dean Foods – Company Overview
- Chairman and CEO: Gregg A. Tanner
- Industry: Food processing
- Type: Public company
- Listed on the New York Stock Exchange (NYSE)
- NYSE stock symbol: DF
- Founded: 1925
- Founder: Dean R. Honas
- Net sales: $9.0 billion USD (2013)
- Net income: $819.3 billion USD (2013)
- Earnings per share: $8.67 USD (2013)
- Company head office: 2711 North Haskell Avenue Suite 3400, Dallas, Texas, USA
- Employees: 19,000 (2013)
- Website: http://www.deanfoods.com/
- Investor relations number: (214) 303-3400
| Operating data (in $ thousands) | 2013 | 2012 |
| Net sales | $9,016,321 | $9,274,662 |
| Cost of sales | $7,161,734 | $7,179,403 |
| Gross profit | $1,854,587 | $2,095,259 |
| Total operating costs and expenses | $1,723,791 | $1,834,574 |
| Net income | $819,357 | $161,041 |
| Net income attributable to Dean Foods Company | $813,178 | $158,622 |
| Balance sheet data (in $ millions) | ||
| Total assets | $2,802,045 | $5,697,583 |
| Long term debt | $897,262 | $2,322,243 |
| Dean Foods stockholders’ equity | $714,315 | $357,187 |
| Common share data (in $) | ||
| Basic earnings per share | $8.67 | $1.72 |
| Diluted earnings per share | $8.58 | $1.70 |
Source: “Dean Foods Annual Report 2013”