Cramer Previews Kroger, Foot Locker's Earnings
“Mad Money” host Jim Cramer’s “Game Plan” for Thursday, March 1, is as follows.
To start, he's looking for earnings results from Kroger. It could provide another indicator of consumer sentiment in the big picture. Although Cramer likes Whole Foods far better than all the other supermarkets, he’ll listen to what Kroger’s customers are doing amid food inflation – whether they’re trading down to store brands or eating at home more often because of rising oil prices.
Foot Locker reports after the close, following on the heels of Morgan Stanley’s upgrade of Under Armour. Cramer wants to hear how Under Armour’s lightweight shoes are performing on the retail scene, especially as the manufacturer has reportedly been running away with share from Nike.
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