The Company's principal business is the operation of retail food stores in the United States and Europe and foodservice wholesale activities in the United States through corporately owned business units, subsidiaries and joint ventures.
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AHO appears to be getting their act together finally. They must settle an old lawsuit, but with the infusion of cash from selling US Foods they can shore up both their US and European stores. I wouldn't be surprised to see them try to make the company revenues more 50/50 US/Europe over the long term. Anyway, they do have a long term record of knowing how to sell quality foods. I used to work for AFS prior to the US Foods debacle. Still think it's a good Long Term Buy.