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Dean Foods Co. on Thursday reported fiscal third-quarter profits increased more than threefold, to $20.6 million, or 51 cents per share, from $6.7 million, or 17 cents per share, in the year-earlier period.
The Franklin Park-based dairy and vegetable company said revenues in the quarter, ended Feb. 23, rose 4 percent, to $745 million from $718 million.
For the nine months, earnings rose 58 percent, to $57.6 million, or $1.43 per share, from $36.4 million, or 91 cents per share, a year earlier. Revenues climbed more than 7 percent, to $2.23 billion from $2.07 billion.
