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• Walmart announced this morning that its second quarter net sales were up 10 percent to $101.6 billion, on same-store sales that were up 4.5 percent in the US (excluding fuel). Q2 net income was $3.45 billion, up 17 percent from $2.95 billion during the same period a year ago.

• Unified Grocers reports that its third quarter net sales were $1,017.1
million, compared to $790.6 million for the 2007 period, a 28.6 percent increase that it attributed largely to its acquisition of Seattle-based Associated Grocers. Q3 net earnings were $12.2 million compared to $11.3 million in the same period a year ago.

• Stater Bros. reports that its third quarter earnings were down 41 percent to $9.2 million, from $15.6 million during the same period a year ago. Q3 sales were $932.7 million in sales, up 2.5 percent from a year ago.

CEO Jack Brown conceded that the tough economy had an impact on the company’s profits, but noted that its stores actually saw an increased customer count during the quarter. “This means that when our customers have more to spend, we'll get our share and unlike some retailers, we won't have to go looking for our customers," Brown said. "A lost customer is very hard to locate and win back."

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