Walmart Inc. (NYSE:WMT) is rewarding corporate staff with above-target bonuses as the retail giant continues to post strong operating results.

It will pay U.S. corporate employees 121% of their eligible bonuses next month, exceeding the 100% target for at least the third straight year, marking a stark contrast with rivals like Home Depot Inc. (NYSE:HD).

The payout is close to last year's 122%, and bonuses at Walmart can reach up to 125% based on individual and company performance, Bloomberg reported on Monday, citing a memo.

Growth Strategy and $1 Trillion Market Milestone

Walmart delivered strong results in recent years by attracting cost-conscious shoppers with low prices and a broad product selection, while expanding its online operations and fast-delivery services to attract wealthier customers.

The company's market value hit $1 trillion ...