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S&P: Whole Foods to positive
Standard & Poor's said it affirmed the BB+ corporate credit rating on Whole Foods Market Inc.
The outlook was revised to positive from stable.
The outlook revision reflects that the company's comparable-store sales and profit growth have accelerated in recent quarters, which is expected to continue in the near term, S&P said.
Whole Foods has no funded debt and is not expected to incur, the agency said.
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