Moody's ups Oriental Trading outlook to positive

Moody's Investors Service said it revised Oriental Trading Co., Inc.'s outlook to positive from stable.

The company's B2 corporate family and probability of default ratings were affirmed along with the company's existing long-term debt ratings.

"The positive outlook for Oriental Trading reflects the company's continued increase in revenue over the past few quarters, reversing longer term negative trends, reflecting the positive impacts of the company's more targeted marketing spending," Moody's senior analyst Scott Tuhy said in a news release.

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