Walmart raised its profit target for the year following "strong" results on Thursday.The retailer posted a 4.7% increase in net sales in the quarter to $167.8 billion."The good results will come as a relief to the wider retail sector," said GlobalData's Neil Saunders. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a per ...