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Home >> Business
UPDATED: 17:20, February 23, 2006
Walmart Q4 profit up 13%
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World largest retailer Walmart announced that its fourth quarter profit rose by 13% and the operations of its US stores are turning for the better.

According to chief financial officer Tom Schoewe, the company's earnings are higher than expected in the fiscal quarter by January. Its US stores have contributed a lot.

Malwart US stores are undergoing management reform and encourage customers to buy goods with higher profit.

By People's Daily Online


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