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Sales and Profit Up at Walmart

But same-store sales fall in quarter.

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By: TOM BRANNA

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Wal-Mart Stores Inc.’s sales and profits rose in the fourth quarter, but same-store sales fell for the period. For the three months ended Jan. 31, income rose 4.3 percent to $5.02 billion, or $1.41 a diluted share, from continuing operations, from $4.82 billion, or $1.26, in the year-ago quarter. Sales rose 2.5 percent to $115.60 billion from $112.83 billion. Comparable-store sales for U.S. stores decreased 1.8 percent. Mike Duke, president and chief executive officer, said, “We ar...

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