Cramer’s week ahead: Retail giants report with all eyes on the consumer

Cramer said that this week's economic data releases and retailer earnings reports will give important insights into the state of the American consumer.

He said this week is a referendum on consumers.

The Federal Reserve's July meeting notes are expected to shed light on the central bank's plans for future interest rate increases.

He wants to know if inflation can continue to come down this week.

Cramer said that the only way inflation can be brought down is by stopping the buying.

Earnings this week will show more about the state of the consumer than macroeconomic data. Earnings and revenue estimates are provided by FactSet.

Home Depot and Walmart will be open on Tuesday.

The Walmart store.

• Q2 2023 earnings release at 7 a.m. ET; conference call at 8 a.m. ET
• Projected EPS: $1.62
• Projected revenue: $150.99 billion

There is a home depot.

• Q2 2022 earnings release at 6 a.m. ET; conference call at 9 a.m. ET
• Projected EPS: $4.95
• Projected revenue: $43.36 billion

TJX Companies, Lowe's, Target, and many more.

Lowe's is a home improvement store.

• Q2 2022 earnings release at 6 a.m. ET; conference call at 9 a.m. ET
• Projected EPS: $4.58
• Projected revenue: $28.12 billion

It's a target.

• Q2 2022 earnings release at 6:30 a.m. ET; conference call at 8 a.m. ET
• Projected EPS: 79 cents
• Projected revenue: $26.03 billion

Walmart was better than Target for a long time. Home depot is better for professionals and Lowe's is better for do-it-yourselfers. Cramer said that Home Depot and Lowe's should be avoided.

The devices that are referred to as analog devices.

• Q3 2022 earnings release at 7 a.m. ET; conference call at 10 a.m. ET
• Projected EPS: $2.43
• Projected revenue: $3.06 billion

Cramer said that investors should own the chips.

TJX companies

• Q2 2023 earnings release at 9:30 a.m. ET; conference call at 11 a.m. ET
• Projected EPS: 67 cents
• Projected revenue: $12.05 billion

Cramer thinks investors should buy shares of TJX since discount retailers do well when regular retailers dump their excess inventory.

There is a company called "Cisco." It is located in the state of California.

• Q4 2022 earnings release at 4:05 p.m. ET; conference call at 4:30 p.m. ET
• Projected EPS: 82 cents
• Projected revenue: $12.73 billion

Cramer said that if there is any good news on the quarter, he expects the stock to go up.

Wednesday: Estee Lauder.

There is a store called kohl's.

• Q2 2022 earnings release at 7 a.m. ET; conference call at 9 a.m. ET
• Projected EPS: $1.12
• Projected revenue: $3.95 billion

Cramer wants to know if the company will slip into irrelevancy or if it will change for the better.

Her name is Estee Lauder.

• Q4 2022 earnings release between 6:30 a.m. and 6:45 a.m. ET; conference call at 9:30 a.m. ET
• Projected EPS: 32 cents
• Projected revenue: $3.42 billion

He wants to know if the company will purchase Tom Ford.

Friday is Deere day.

It's Deere.

• Q3 2022 earnings release at 6:45 a.m. ET; conference call at 10 a.m. ET
• Projected EPS: $6.65
• Projected revenue: $12.93 billion

Cramer is worried that supply chain problems that Deere and other companies might be facing will be a problem for the Fed.

Cramer's Charitable Trust is a shareholder in the company.

Jim Cramer has a guide to investing that you can download for free.