This came to the attention of reporters as Dean Foods reported its quarterly earnings. Recent wintery weather nationwide has affected the company’s sales, since schools and other institutions are a large part of the company’s sales. Americans are consuming less cow’s milk overall, and not putting little cartons in kids’ hands at lunchtime for a few days in different regions has a real effect on the company’s bottom line.
Dean Foods is crying over all of that spilled business, since they lost a big client last year: Walmart. Their sales should straighten back out if schools have to make up their snow days.
When Snow Closes Schools, Milk Sales Take a Spill [Bloomberg Businessweek]