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Last Updated: Thursday, February 19, 2009
Walmart Earnings beat expectations
St. Louis Post-Dispatch (Missouri)
February 18, 2009 Walmart Stores Inc. said it's still pulling shoppers away from its main rivals and enjoying a rise in customer traffic as the world's largest retailer released better-than-expected fourth-quarter earnings Tuesday. Still, Walmart is hardly immune from economic pressures. It issued a cautious earnings outlook as it feels the pinch from the stronger dollar in its international business, a trend officials said could hurt profits over the next three quarters. Read more.
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