Walmart lifts full-year sales and profit forecast

U.S. retail giant Walmart raised its fiscal 2025 sales and profit forecast on Thursday, betting on easing inflation to further boost demand for essentials and bring a rebound in sales of discretionary products like electronics. The retail bellwether now expects annual consolidated net sales to rise at the high end or slightly above its prior forecast of 3% to 4% growth.

It also expects adjusted profit per share to be at the high end or slightly above its prior estimate of $2.23 and $2.37, it said on Thursday.