S&P: American Tire Distributors outlook stable

Standard & Poor's said it revised its outlook on American Tire Distributors Inc. to stable from negative.

The outlook revision reflects the agency's expectations that the company's leverage will decline modestly from current levels because of EBITDA growth resulting from prudent acquisitions and organic revenue growth. S&P also expects that above-industry revenue growth will continue to support some positive cash flow generation.

At the same time, the agency said the B corporate credit rating continues to reflect American Tire Distributors' highly leveraged financial profile.

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