Walmart (NYSE: WMT) delivered strong results in its fourth-quarter earnings report.

The retail giant posted strong top-line growth due to inflation and a solid increase in traffic as consumers look to the company to save money in tough economic times.

Comparable sales at Walmart U.S. stores rose 8.3%, and overall revenue was up 7.3% to $164 billion, easily beating the analyst consensus at $159.8 billion.

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Source Fool.com