Shares of Walmart Inc. climbed into record territory in early Tuesday trading, after the retail giant extended its streak of earnings beats and raised its full-year outlook, citing strength in e-commerce and as in-store volumes grew.

Walmart Inc. boosted its outlook for the year on strong demand from US consumers searching for value, driving shares up 4% in premarket trading in New York.

Tuesday trading, after the retail giant extended its streak of earnings beats and raised its full-year outlook, citing strength in e-commerce and as in-store volumes grew. Walmart’s U.S. business saw general-merchandise sales turn positive — a sign that consumers are buying discretionary items again.