S&S Activewear Outlook Negative on Weak Performance
S&P Global revised S&S Activewear's outlook to negative, citing the risk that the printwear company's adjusted leverage will remain above 6.5x this year and into 2026 while affirming its B issuer credit rating. S&S ended the year with adjusted EBITDA of around $210 million due to continued softness in the promotional products space and market share erosion as the company integrates alphabroder. The ratings agency expects adjusted leverage will be ... Log in to view full article.
