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Wal-Mart Posts Sales Dip in Key Q4; Full-year Comp Sales Flat
While the world’s largest retailer posted a profit in the fourth quarter that beat Wall Street’s expectations, Wal-Mart Stores, Inc.’s same-store sales declined 1.6 percent vs. a 2.4 percent increase the prior year, during the all-important year-end holiday period ended Jan. 31, 2010.