S&P: Alberto-Culver outlook positive

Standard & Poor's said it revised its outlook on Alberto-Culver Co. to positive from stable and affirmed the BBB- corporate credit rating.

The agency said the revised outlook is based on the company's improved operating performance in fiscal 2008 as well as Alberto's strong credit protection measures and liquidity.

The ratings on Alberto reflect its conservative balance sheet, established consumer products brands and stable operating performance in its consumer products business, S&P said.

The risk of more direct competition from larger personal care companies and somewhat weak EBITDA margins compared with its peers somewhat offset these strengths, the agency said.

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