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BENTONVILLE, Ark. (AP) - Wal-Mart Stores Inc. announced Thursday that it paid its hourly employees more than $1.1 billion in profit sharing, retirement accounts, discounts and other benefits last fiscal year.
For the fiscal year ended Jan. 31, Wal-Mart paid $667 million in profit sharing and 401(k) contributions, $51.4 million toward the company's stock purchase plan, $397 million in discounted merchandise and $529.8 million in bonuses, the Bentonville-based company said.
Those benefits were paid to Wal-Mart's hourly employees, whom the company refers to as associates.
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