The company slightly raised its guidance for the fiscal year. Walmart now sees net sales rising 3.75% to 4.75% from last year, compared to prior guidance for a range of 3% to 4%. Walmart also tweaked its earnings forecast, saying it now expects adjusted earnings per share to range from $2.52 to $2.62. The previous outlook was for $2.50 to $2.60.

Big-box retailer Walmart hiked its outlook for sales and some earnings in results released Thursday, even as costs of goods imported to the United States rose after President Donald Trump's

Walmart on Thursday raised its fiscal year sales and profit forecast, driven by strong demand from shoppers across all income levels, who have turned to the world's largest retailer as they worry about rising costs.