Moody's Revises Ingles' Outlook to Stable

NEW YORK — Moody’s Investors Service changed its outlook on Ingles Markets from negative to stable and affirmed its Ba3 corporate credit rating, saying the Asheville, N.C.-based retailer can grow sales and reduce costs this year.

“The stable outlook incorporates our expectation that the company's same store sales will continue to be positive and credit metrics will continue to mod

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