Standard&Poor's Ratings Services derives its 'B' rating on WKI Holding Co. Inc. (World Kitchen) from: Our anchor of 'b-', based on our "vulnerable" business risk and "highly leveraged" financial risk profile assessments for the company. The "positive" comparable ratings analysis modifier, which raised the anchor score one notch. Good market position within the kitchenware industry; Narrow product focus with limited geographic diversity and low barriers to entry; and Sensitive to changes in consumer tastes and the overall economy's performance. Significant debt burden and aggressive financial policy; and No near term maturities. Our stable rating outlook on World Kitchen reflects our expectation that the company will maintain its solid niche category positions and improve operating performance over the next
