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Hamzah Mazari from Macquarie asks about the capital structure post G&K acquisition & capital allocation post that deal closing. $CTAS commented that the expectation is to pay for that transaction in cash. $CTAS will be borrowing with part short term & long term borrowings. The goal is to bring the leverage level back in line with historical levels.
You are such a letdown $FII. I regret not selling you when you were nearing $33. Now I am stuck with you, you are stuck with me!
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!