Chattem surprised Wall Street on Thursday, delivering a better-than-expected quarter. Unfortunately for the company, it didn't take long for analysts to pick the beat apart, which left Cramer wondering if he could recommend the stock.
The maker of Gold Bond, Icy Hot and ACT earned $1.26 a share, 5 cents more than consensus estimates. But the Street pointed to cost cuts and a share buyback as reasons for the seeming outpeformance. Cramer did some research and found out that sales only increased 4% year-over-year, coming in at just $122 million. That was $1 million less than expected, and it proved that a booming business didn't drive the quarter.
Back on April 9, after reporting a disappointing quarter, Chattem CEO Zan Guerry promised Mad Money viewers better results. And there's no question he did that this time around. But Cramer wanted to know if better was good enough. So he invited Guerry back to the show. Watch the video for the full interview.
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