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• Rite Aid reports that its May sales were up 2,2 percent to $1.72 billion, on same-store sales that were up 1.7 percent. For the just completed first quarter, total sales were up 2.8 percent to $4.44 billion, with same-store sales that were up 2.3 percent.

• Smithfield Foods Inc. said that its fourth-quarter profit totaled $37 million, compared with $1.1 million in the same period last year. Sales rose 14 percent to $3.06 billion, from $2.68 billion a year ago.
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