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Alias Born | 02/05/2008 |
Thursday, March 26, 2020 10:42:08 PM
"US Foods Holding Corp. (USFD), a leading food distribution company, said it is rolling out cost-cutting measures to mitigate restaurant and hospitality sales declines."
"US Foods said it will draw $1 billion under its existing revolving credit facilities to retain as cash on hand."
https://finance.yahoo.com/news/us-foods-holding-takes-cost-180640327.html
just may be,ivfh/Sam just become the leader of the pack.Or did he just become delusional down from prolong denials?
ps-at 30c+,logic says get out with a 1/3 of your holding.
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