CHICAGO — Fitch Ratings here said Monday it has affirmed its ratings on Kroger Co., including its issuer default rating, at BBB, with a stable outlook. According to Fitch, the ratings reflect the company's industry-leading sales growth and market-share gains, strong cash flow and relatively steady credit metrics, in addition to the company's recent more aggressive share repurchase activity and the intense price competition in the sector that will continue to pressure gross margins. "Kroger ...
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