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Wal-Mart Sales Show Cracks

For the fourth quarter, the retailer anticipates a profit of between $1.08 and $1.12 a share.

But with Wal-Mart undertaking extensive price cuts on toys, books and now its newest Blackberry promotion, investors may fear that Wal-Mart will be unable to meet this guidance, Wall Street Strategies analyst Brian Sozzi said in a note.

Regardless, Sozzi says he is surprised by how big of a deal the Street is making over this conservative guidance.

"We expected this cautious outlook," he says. "I like what I heard, inventories are lean and traffic is still there."

Shares regained slightly after falling in pre-market trading, up 1.3% to $53.64.

-- Reported by Jeanine Poggi in New York

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