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Wal-Mart posts higher quarterly profit
November 15, 2012 / 12:15 PM / 5 years ago

Wal-Mart posts higher quarterly profit

Nov 15 (Reuters) - Wal-Mart Stores Inc posted a higher quarterly profit on Thursday, helped by strong sales of back-to-school merchandise in the United States.

The world’s largest retailer said it had earned $1.08 per share in the third quarter ended Oct. 31, up from 97 cents per share a year earlier.

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