Jacksonville, Florida-based grocery giant Winn-Dixie Stores revealed yesterday [Monday] that it has paid down US$100m of its debt earlier than planned.

The company explained that the latest payment, made using excess free cash flow from its operations, is in addition to the US$150m it paid down on 29 January.

At the end of its Q3 on 3 April, Winn-Dixie filed a report with the Securities & Exchange Commission (SEC), which noted that it had long-term debt amounting to US$540.6m.