Walmart raised its sales forecast to 4.8%-5.1%, signaling strength with price-conscious shoppers as Target and Home Depot cut their full-year outlooks.

E-commerce surged 28% last quarter, with more than a third of orders delivered in under three hours, attracting affluent customers buying luxury goods.

CEO Doug McMillon retires next year as John Furner takes over, with Walmart moving to Nasdaq on Dec. 9 to underscore tech transformation.

Walmart Inc. increased its outlook for sales in the full year, a sign the world’s biggest retailer is winning over price-sensitive shoppers while digesting costs it expects to rise in the coming months.

The company now sees net sales rising 4.8% to 5.1%, higher than its previous projection in August. It marks a second increase in forecast during the fi

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