Wal-Mart on record pace

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Wal-Mart Stores, the nation's leading retailer, reported sales for the third quarter were up 12% over a year earlier, to a record $25.6 billion. Net income was also up 12%, to $684 million. For nine months, sales hit $74 billion, another 12% rise, and net income increased 9% to $1.96 billion.

Copyright November 1996, Crain Communications Inc.

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