Press Release

Morningstar DBRS Publishes Updated Global Methodologies for Rating Companies in the Consumer Products and Merchandising Industries

Consumers
August 14, 2024

Morningstar DBRS published two updated industry methodologies as follows:

-- "Global Methodology for Rating Companies in the Consumer Products Industry" (August 14, 2024) and
-- "Global Methodology for Rating Companies in the Merchandising Industry" (August 14, 2024; collectively, the Methodologies).

Morningstar DBRS conducted a periodic review for these Methodologies. The updates supersede the following previous versions:

-- "Global Methodology for Rating Companies in the Consumer Products Industry" (June 19, 2024) and
-- "Global Methodology for Rating Companies in the Merchandising Industry" (June 20, 2024);

The updates are effective as of August 14, 2024. Morningstar DBRS deems the updates not to be material and determined that no ratings are expected to change as a result of these updates.

Notes:
Morningstar DBRS methodologies are publicly available on its website dbrs.morningstar.com under Methodologies & Criteria.

For more information on this methodology or on this industry, visit dbrs.morningstar.com or contact us at info-DBRS@morningstar.com.

-- Responsible Analyst: Aarti Magan, Vikas Munjal
-- Corresponding Team Leader : Moritz Steinbauer
-- Group Managing Director: Alan Reid