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Bed Bath & Beyond 2Q Profit Up

New York City, Bed Bath & Beyond reported that its second-quarter net income rose to $145.5 million compared with $141.4 million during the year-earlier quarter. Comp-store sales rose 4.8% during the first half of 2006, compared with an increase of 4.4% a year earlier. The company said quarterly sales rose to $1.6 billion from $1.4 billion a year ago.

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