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Monday, June 25, 2018, 12:55 p.m.

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Wal-Mart profit up 8.6% for 4th quarter

Wal-Mart Stores Inc. on Thursday reported an 8.6 percent increase in fiscal fourth-quarter profit but cautioned that shoppers are pressured by high gasoline prices and the recent payroll tax increase, which could cut into future sales.

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