Dollar General Corp. Upgraded To 'BBB-' On Continued Expected Growth And Stable Debt - S&P Global Ratings’ Credit Research

Dollar General Corp. Upgraded To 'BBB-' On Continued Expected Growth And Stable Debt

Dollar General Corp. Upgraded To 'BBB-' On Continued Expected Growth And Stable Debt - S&P Global Ratings’ Credit Research
Dollar General Corp. Upgraded To 'BBB-' On Continued Expected Growth And Stable Debt
Published Apr 30, 2012
1405 words — Published Apr 30, 2012
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Abstract:

U.S. discount retailer Dollar General continues to achieve robust sales and cash flow growth We are raising the corporate credit rating to investment-grade 'BBB-' from 'BB+'. At the same time, we are removing all ratings from CreditWatch with positive implications. The stable outlook reflects our view that positive operating momentum will drive healthy sales and cash flow growth in 2012, resulting in credit protection measures in line with an "intermediate" financial risk profile. NEW YORK (Standard&Poor's) April 30, 2012--Standard&Poor's Ratings Services said today that it raised its rating on discount retailer Dollar General Corp., including the corporate credit rating to 'BBB-' from 'BB+'. At the same time, we removed the ratings from CreditWatch with positive implications,

  
Brief Excerpt:

RESEARCH Dollar General Corp. Upgraded To '###-' On Continued Expected Growth And Stable Debt Publication date: 30-Apr-2012 Primary Credit Analyst: Ana Lai, CFA, New York (1) 212-438-7895; ana_lai@standardandpoors.com Secondary Contact:...

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
General Merchandise Stores (25503020)
Sector
Global Issuers , Structured Finance
Country
Region
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Dollar General Corp. Upgraded To 'BBB-' On Continued Expected Growth And Stable Debt" Apr 30, 2012. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Dollar-General-Corp-Upgraded-To-BBB-On-Continued-Expected-Growth-And-Stable-Debt-961898>
  
APA:
S&P Global Ratings’ Credit Research. (). Dollar General Corp. Upgraded To 'BBB-' On Continued Expected Growth And Stable Debt Apr 30, 2012. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Dollar-General-Corp-Upgraded-To-BBB-On-Continued-Expected-Growth-And-Stable-Debt-961898>
  
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