Amid a slew of earnings reports from retailers, CNBC's Jim Cramer said Tuesday the sector's big winners are home improvement stores.
"I think there's a shift [in retail] going on around the country," Cramer said on "Squawk on the Street." "People are spending on homes."
On Tuesday, Home Depot delivered quarterly profits and revenue that topped Wall Street's expectations. The company also reported a 7.1 percent growth in U.S. same-store sales.
"The Home Depot number is really remarkable. I was looking for a good number and I got a great number," Cramer said.
Shares of the home improvement retailer traded slightly higher Thursday morning. Click here to see where the stock is trading now.
Cramer also said he was surprised by TJX Companies' better-than-expected quarterly results because consumer spending was driven by home goods sales.
"I think there's a fatigue. I think there's something that says that clothing isn't of value right now," Cramer said. "Spending on your home is being viewed as a positive."
TJX shares were up 3 percent Thursday morningb. Click here to see where the stock is trading now.