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• Costco Wholesale said this morning that its Q2 profit was $239.7 million, down 27 percent from $327.9 million during the same period a year ago. Q2 sales were off one percent to $16.49 billion, , excluding membership fees, which increased four percent to $355.6 million. Same-store sales were down three percent.

• Walgreen Co. said that its February sales were up 3.4 percent to $5.09 billion, from $4.92 billion during the same month a year ago, on same-store sales that were up 1.9 percent if adjusted for the extra day during February 2008...but down 1.9 percent if that extra day is not factored in. It is Tesco’s lowest market share number in three years.

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