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Sales at Meredith during the three months ended March 31...

Sales at Meredith during the three months ended March 31 gained 1.9 percent from a year earlier to $345.5 million, the company said. But profit fell 31 percent from a year earlier to $21.2 million. Political ad sales in the…

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current quarter are pacing up “in the mid-single digits,” the company said. Its shares fell 3.5 percent Wednesday.