American retail giant Walmart reports an adjusted operating profit for the second quarter of $7.9 billion. This is higher than the $7.7 billion that analysts had expected, according to Bloomberg's compilation.
Sales landed at $169.3 billion, an increase of 4.8 percent compared to the same period last year.
The company is now raising its profit forecast for the full year. The stock is rising in pre-trading on Wall Street.
