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Wal-Mart’s first-quarter profit and sales miss Wall Street expectations

Wal-Mart Stores Inc.’s first quarter profit rose 1.1 percent as the world’s largest retailer struggled with a sales slump in its namesake business.
The company, based in Bentonville, Ark., blamed a payroll tax increase, delayed tax refunds and bad weather for the profit and sales results that… …read more
Source: NY Post

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Posted by on May 17, 2013. Filed under Business News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.