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S&P: Stater Bros. to negative
Standard & Poor's said it revised its rating outlook on Stater Bros. Holdings Inc. to negative from stable and affirmed all ratings on the company, including the B+ corporate credit rating.
S&P said the outlook revision follows the company's recent operating results that were weaker than anticipated, and it expects that trend could continue in the future. Moreover, the company's credit ratios have weakened very close to levels in which the agency said it would consider a lower rating.
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