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• Walmart said yesterday that its third quarter profit was down eight percent, to $3.03 billion, from $3.3 billion during the same period a year ago. Revenue rose just 0.7 percent to $118.18 billion, on same-store sales that were up just 1.2 percent.

The Associated Press reports that "while online sales improved ... the company said it was hurt in part by falling food prices."
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