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S&P revises BDF Acquisition view to stable
S&P said it revised the outlook on BDF Acquisition (Bob’s Discount Furniture) to stable from negative and affirmed the B issuer credit rating.
“The outlook revision reflects improved same-store sales performance and our view that the company will continue to enhance execution of its high-growth strategy in the next 12 months,” S&P said in a news release.
“The revision also reflects our view that BDF will continue to absorb tariffs on imported Chinese goods with minimal impacts on operating margins, namely through its inventory management strategy.”
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