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• Ingles Markets reported that its just completed fiscal year saw sales increase 6.4 percent to $2.3 billion, with same-store sales up 6.1 percent. Net profit was down 11 percent to $25.6 million.

• Canadian retailer Sobey’s posted a three percent second quarter drop in net profit to the equivalent of $40 million (US). Sales for the period were 8.5 percent to $2.8 billion (US), with same-store sales up 3.6 percent.
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