May 16 (Reuters) - U.S. retail giant Walmart ( WMT )

raised its fiscal 2025 sales and profit forecast on Thursday,

betting on easing inflation to further boost demand for

essentials and bring a rebound in sales of discretionary

products like electronics.

The retail bellwether now expects annual consolidated net

sales to rise at the high end or slightly above its prior

forecast of 3% to 4% growth.

It also expects adjusted profit per share to be at the high

end or slightly above its prior estimate of $2.23 and $2.37, it

said on Thursday.