NEW YORK — Moody's Investors Service said Monday it was affirming all of Safeway's existing ratings while maintaining a stable outlook. "Although Safeway's credit metrics in the last fiscal year have been consistently weak for the rating category, we expect the momentum of an improving economy and the positive initiatives undertaken by management [to] result in improving trends in operating performance and credit metrics in the near term," a Moody's analyst said. Moody's also assigned a ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.