Cramer said Dick’s does a great job of selling many hot brands, such as Nike and Under Armour, but he fears the bar has been set too high.
Meanwhile, Cramer thinks Home Depot executives will likely talk about tailwinds in housing, but worries nobody will be listening.
(RELATED: Cramer: The Housing Recovery Has Just Begun)
In its latest earnings report, Cramer said Nordstrom said the wrong things. He fears Saks could do the same.
J. C. Penney will make an earnings announcement after the market’s close. On its conference call, Macy’s executives said they’re taking considerable share from J. C. Penney. Cramer wonders what it says about the near-term results of J. C. Penney CEO Ron Johnson’s strategy. Johnson may have invented Apple’s successful retail store concept, but Cramer thinks he may have set his sights a little too high at J. C. Penney.
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When this story was published, Cramer’s charitable trust owned Apple and The TJX Companies.
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