Luxury

Cramer: ‘I’m sick of Tiffany’

I'm sick of Tiffany: Cramer
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I'm sick of Tiffany: Cramer

Tiffany's earnings miss has CNBC's Jim Cramer fed up.

"I'm sick of Tiffany. I went over their last two releases. What is it with these guys? It's just incredible what they've been predicting," Cramer said Tuesday on "Squawk on the Street."

The luxury goods retailer posted earnings per share of 70 cents, missing estimates by 5 cents, with revenues also coming in below expectations. The company cited the strong dollar as a key factor for its weak results.

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"I'm not saying anybody has a crystal ball, but when they came out and said that they thought they could do really good numbers in the second half of the year, where did they get that from,?" Cramer said. "This is a company that really has to start thinking about what it's doing and the way it offers its guidance, because their guidance is just awful. "

Tiffany did not immediately respond to a CNBC request for comment.

Shares of Tiffany have fallen over 25 percent this year and traded slightly lower on Tuesday.

Tiffany's stock in 2015

Source: FactSet

DISCLOSURE: Cramer's trust did not own Tiffany's stock when this article was published.