Aug 11 (Reuters) - Dean Foods Co said it was withdrawing its full-year forecast, citing record high milk costs.
Dean Foods’ shares fell as much as 8.3 percent in premarket trading on Monday.
The company’s net loss narrowed to $1 million, or 1 cent per share, in the second quarter ended June 30, from $57 million, or 61 cents per share, a year ago.
Excluding items, the company reported a loss of 14 cents.
Net sales rose 7.5 percent to $2.4 billion. (Reporting by Siddharth Cavale in Bangalore; Editing by Sriraj Kalluvila)