Big Lots Inc. Outlook Revised To Stable From Negative; 'BBB' Corporate Credit Rating Affirmed Jul 12
Standard & Poors, July 2012
Abstract
We believe U.S. close-out retailer Big Lots' performance will remain stable and we anticipate that the company will maintain its moderate financial policy. We are revising the outlook from negative to stable and affirming our 'BBB' corporate credit rating on the company. The stable outlook reflects our opinion that Big Lots should continue to perform resiliently in a weak economy, and maintain credit metrics at around current levels. NEW YORK (Standard & Poor's) July 11, 2012--Standard & Poor's Ratings Services said today that it revised its outlook on U.S. close-out retailer Big Lots Inc. to stable from negative. At the same time, we affirmed our 'BBB' corporate credit rating on the company. "The outlook revision reflects our opinion that Big...
Companies mentioned in this report are: Big Lots Inc.,Liquidation World Inc.
Action: Affirmed
Action: Outlook: Stable
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
Big Lots Inc.,Liquidation World Inc.
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