Kroger's Debt Rating Upgraded estors Service upgraded the ratings on the long-term debt of Kroger Co. here last month. The upgrade reflects Kroger's "strong and geographically diversified customer franchise, its improving debt-coverage ratios and the company's business development strategy, which should translate into substantially higher earnings and cash flow," Moody's said in a report. Moody's said Kroger's "strong customer franchise" should help it meet the competitive challenge that ...

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