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What Cramer is watching Tuesday — Home Depot, Walmart beats; McDonald's price target bump

A Home Depot store in Livermore, California, US, on Thursday, May 12, 2022. Home Depot Inc. is scheduled to release earnings figures on May 17. Photographer:
David Paul Morris | Bloomberg | Getty Images

What I am looking at Aug. 16, 2022

Home Depot (HD) crushes it: quarterly same-store sales up 5.8 versus 4.9 expected. Adjusted earnings-per-share of $5.05 on $43.79 billion in revenue; both beat and both quarterly records. However, Home Depot only just stands by guidance and the Dow stock was slightly lower in the premarket.

Walmart (WMT), also a Dow component, rose roughly 4.5% in the premarket after better-than-expected quarterly profit and revenue. Adjusted earnings of $1.77 per share on $152.86 billion in sales. The retail giant sticks with its second-half guidance. Food sales