Walmart raised its full-year sales and profit forecast after reporting impressive first-quarter results on Thursday, driven by strong sales of groceries and non-essential items such as clothing and electronics.

Walmart surges to record high, lifts full-year forecast with strong Q1 results

In a promising start to the US retailers' reporting season, Walmart reported strong fourth-quarter results, brought on by increased spending by price-conscious consumers seeking a respite from inflationary pressures.

Walmart soars on strong earnings and Vizio acquisition: Report

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Walmart surges to record high, lifts full-year forecast with strong Q1 results

Walmart soars on strong earnings and Vizio acquisition: Report