Winn-Dixie Stores, Inc., paid down $100 million of its bank notes early from excess free cash flow from operations. This is in addition to the $150 million that was paid down early on January 29, according to the grocery chain.
Moderator Comment: Has Winn-Dixie turned itself around?
Paying down debt early is a positive sign in a market that increasingly being upset by reports of cooked books and missed financial targets. [George Anderson - Moderator]