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Retailer's earnings surpass forecast

But Wal-Mart sees sales dip in quarter

Posted: August 14, 2009 at 4:16 a.m.

Shoppers move through the check-out line recently at a Wal-Mart in Tallahassee, Fla. The retailer earned $3.44 billion, or 88 cents per share, in the quarter that ended July 31.

Wal-Mart Stores Inc. reported second-quarter earnings Thursday that beat Wall Street expectations despite sales that fell short of the company's forecast.

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Business, Pages 27, 32 on 08/14/2009

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