With analysts expecting sustained growth across product categories and customer income levels as inflation-conscious shoppers seek value, retail giant Walmart (NYSE:WMT) will be presenting its fiscal Q3 results on Tuesday. Along with adjusted earnings per share of 53 cents, Wall Street predicts sales of $160.8 billion for the period. Strong pricing policies and digital convenience features help analysts explain the retailer's success.

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"Walmart's strong value offering and high digital convenience continue to resonate with consumers," Bank of America analyst Robby Ohmes said in a recent note. Still a major force behind expansion, groceries make up around 60% of Walmart's U.S. sales. Using its price edge, the company offers supermarket products for 10% to 12% cheaper than rivals, said Goldman Sachs analyst Kate McShane.

With analysts noticing increased foot traffic, the health and wellness section is likely to support Walmart's performance. Particularly in uncertain times, Walmart's emphasis on bargain pricing and operational efficiencies has helped to confirm its reputation as a destination for a wide variety of shoppers.

This article first appeared on GuruFocus.