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  • Wal-Mart Stores Inc. posted fourth quarter profit of $3.16 billion, up from $2.72 billion a year earlier.

    Total net sales 10.4 percent to $82.2 billion. Same store sales were up 1.5 percent.

    "It was a solid performance, but we can do better," CEO Lee Scott said in a statement.

  • Coca-Cola reported that its most recent fiscal year showed 12 percent earnings growth, to $4.85 billion, on sales that were up four percent to $21.96 billion.

    In a prepared statement, Coke CEO E. Neville Isdell, proclaimed the results unsatisfactory.

    "By most measures, we did not perform to our potential," Isdell said. "On the whole, I believe 2004 will be remembered as the beginning of an important transition for the Coca-Cola Co."

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