Business

Cramer’s week ahead: Focus on consumer trends to gauge inflation status

June 4, 2022
Henry Club

CNBC’s Jim Cramer said Friday that any sign of consumer negativity next week would be a welcome sign for the company. federal Reserve In his fight against inflation.

“I know it’s totally dragging to expect negativity, but that’s what we need right now to bring inflation down,” he said. “I’m sure we’ll find that confidence is falling rapidly.”

,mad MoneyThe host said he is monitoring the Consumer Price Index and the University of Michigan Consumer Sentiment Index to confirm his prediction that consumer confidence is falling.

“That’s exactly what the Fed doctor ordered,” he said.

He also previewed next week’s earnings slate. All earnings and revenue estimates courtesy of FactSet.

Tuesday: JM Smucker, Cracker Barrel

JM Smucker

  • Q4 2022 earnings release ahead of bell; Conference call at 9 a.m. ET
  • Estimated EPS: $1.88
  • Estimated Revenue: $1.98 billion

Cramer said that if the food maker’s stock manages to rally based on its quarterly earnings report, that would be a good omen for the rest of the industry.

firecracker barrel

  • Q3 2022 Earnings Release TBD; Conference call at 11 a.m. ET
  • Estimated EPS: $1.27
  • Estimated Revenue: $790 million

Cramer said investors should heed any mention of a more frugal consumer than the restaurant chain.

Wednesday: Thor Industries, Campbell Soup, Five Down

Thor Industries

  • Q3 2022 earnings release ahead of bell; conference call tbd
  • Estimated EPS: $4.72
  • Estimated Revenue: $4.16 billion

Cramer said the recreational vehicle maker’s earnings call is a must for investors who want a read on the state of inflation.

Campbell Soup

  • Q3 2022 earnings release at 7:15 AM ET; Conference call at 8 a.m. ET
  • Estimated EPS: 61 cents
  • Estimated Revenue: $2.04 billion

“I love the management of Campbell Soup. I’m sure the stock can work its way more than that,” he said.

five down

  • Q1 2022 earnings release after closing; Conference Call at 4:30 p.m. ET
  • Estimated EPS: 58 cents
  • Estimated Revenue: $654 million

,Five Bottoms has got a good concept, good management, good stock.” Kramer said.

Thursday: Signet Jewelers, DocuSign, Vail Resorts

Signet Jewelers

  • Q1 2023 earnings release at 7 a.m. ET; 8:30 a.m. conference call ET
  • Estimated EPS: $2.38
  • Estimated Revenue: $1.81 billion

Cramer said he expects the company to deliver strong figures for its latest quarter.

DocuSign

  • Q1 2023 earnings release after closing; Conference Call at 4:30 p.m. ET
  • Estimated EPS: 56 cents
  • Estimated Revenue: $683 million

Cramer said he expects strong but stable performance from the company.

Vail Resorts

  • Q3 2022 earnings released after the end; Conference call at 5 p.m. ET
  • Estimated EPS: $9.03
  • Estimated Revenue: $1.15 billion

Cramer said he’s interested to know if the mountain resort company is concerned about an economic slowdown.