Dean Wants to Move Its Menu Beyond Milk With Juice, Ice Cream
- CEO Scozzafava open to deals to diversify as milk volume drops
- Shares slumped after Dean forecast earnings that disappointed
This article is for subscribers only.
Dean Foods Co., the largest U.S. dairy processor, is looking beyond its trademark milk and other signature products as it seeks to diversify and grow, according to the chief executive officer.
“We have to diversify,” Ralph Scozzafava, who became CEO of the Dallas-based company last month, said in a telephone interview on Thursday. “We have got a pretty wide lens.”