Synergies and tax reform drive cash flow surprise for AD; in-store volume sales remain weak.
Post-merger, Ahold Delhaize Group is the fourth-largest grocer in the United States with more than $40 billion in sales, and it holds the number-one or number-two position in most of the markets in which it operates, with Albert Heijn in the Netherlands the group's most successful business unit, commanding dominant market share (35%). The company sports best-in-class free cash flow generation and has generally managed its expansion and operations prudently, with low levels of financial leverage ...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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