{"id":36017,"date":"2022-06-04T04:04:14","date_gmt":"2022-06-04T04:04:14","guid":{"rendered":"https:\/\/harchi90.com\/consumer-trends-will-gauge-the-state-of-inflation\/"},"modified":"2022-06-04T04:04:14","modified_gmt":"2022-06-04T04:04:14","slug":"consumer-trends-will-gauge-the-state-of-inflation","status":"publish","type":"post","link":"https:\/\/harchi90.com\/consumer-trends-will-gauge-the-state-of-inflation\/","title":{"rendered":"Consumer trends will gauge the state of inflation"},"content":{"rendered":"<div id=\"NewsShowArticle-ArticleBody-6\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"NewsShowArticle-articleBody-6-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<div class=\"group\">\n<p>CNBC&#8217;s Jim Cramer said Friday that any signs of consumer negativity next week will be a welcome sign for the Federal Reserve in its fight against inflation.<\/p>\n<p>&#8220;I know it&#8217;s a total drag to hope for negativity, but that&#8217;s what we need right now&#8221; to bring inflation down, he said.  &#8220;I bet we&#8217;ll find that confidence is falling rapidly.&#8221;<\/p>\n<p>The &#8220;Mad Money&#8221; host said he&#8217;s keeping watch on the consumer price index and University of Michigan consumer sentiment index coming out next week to confirm his prediction that consumer confidence is dropping.<\/p>\n<p>&#8220;That&#8217;s exactly what the Fed doctor ordered,&#8221; he said.<\/p>\n<p>He also previewed next week&#8217;s slate of earnings.  All earnings and revenue estimates are courtesy of FactSet.<\/p>\n<p><strong>Tuesday: JM Smucker, Cracker Barrel<\/strong><\/p>\n<p>JM Smucker<\/p>\n<ul>\n<li>Q4 2022 earnings release before the bell;  conference call at 9 am ET<\/li>\n<li>Projected EPS: $ 1.88<\/li>\n<li>Projected revenue: $ 1.98 billion<\/li>\n<\/ul>\n<p>Cramer said that if the food manufacturer&#8217;s stock manages to rally on the heels of its quarterly earnings report, it&#8217;ll be a good omen for the rest of the industry.<\/p>\n<p>Cracker Barrel<\/p>\n<ul>\n<li>Q3 2022 earnings release tbd;  conference call at 11 am ET<\/li>\n<li>Projected EPS: $ 1.27<\/li>\n<li>Projected revenue: $ 790 million<\/li>\n<\/ul>\n<p>Investors need to take note of any mentions of a more frugal consumer from the restaurant chain, Cramer said.<\/p>\n<p><strong>Wednesday: Thor Industries, Campbell Soup, Five Below<\/strong><\/p>\n<p>Thor Industries<\/p>\n<ul>\n<li>Q3 2022 earnings release before the bell;  conference call tbd<\/li>\n<li>Projected EPS: $ 4.72<\/li>\n<li>Projected revenue: $ 4.16 billion<\/li>\n<\/ul>\n<p>Cramer said the recreational vehicle manufacturer&#8217;s earnings call is a must-listen for investors who want a read on the state of inflation.<\/p>\n<p>Campbell Soup<\/p>\n<ul>\n<li>Q3 2022 earnings release at 7:15 am ET;  conference call at 8 am ET<\/li>\n<li>Projected EPS: 61 cents<\/li>\n<li>Projected revenue: $ 2.04 billion<\/li>\n<\/ul>\n<p>&#8220;I like Campbell Soup&#8217;s management. I bet the stock can work its way higher,&#8221; he said.<\/p>\n<p>Five Below<\/p>\n<ul>\n<li>Q1 2022 earnings release after the close;  conference call at 4:30 pm ET<\/li>\n<li>Projected EPS: 58 cents<\/li>\n<li>Projected revenue: $ 654 million<\/li>\n<\/ul>\n<p><strong>&#8220;<\/strong>Five Below&#8217;s got a good concept, good management, good stock, &#8220;<strong> <\/strong>Cramer said.<\/p>\n<p><strong>Thursday: Signet Jewelers, DocuSign, Vail Resorts<\/strong><\/p>\n<p>Signet Jewelers<\/p>\n<ul>\n<li>Q1 2023 earnings release at 7 am ET;  conference call at 8:30 am ET<\/li>\n<li>Projected EPS: $ 2.38<\/li>\n<li>Projected revenue: $ 1.81 billion<\/li>\n<\/ul>\n<p>Cramer said he expects the company to put up strong numbers for its latest quarter.<\/p>\n<p>DocuSign<\/p>\n<ul>\n<li>Q1 2023 earnings release after the close;  conference call at 4:30 pm ET<\/li>\n<li>Projected EPS: 56 cents<\/li>\n<li>Projected revenue: $ 683 million<\/li>\n<\/ul>\n<p>Cramer said he expects a strong but stagnant performance from the company.<\/p>\n<p>Vail Resorts<\/p>\n<ul>\n<li>Q3 2022 earnings release after the close;  conference call at 5 pm ET<\/li>\n<li>Projected EPS: $ 9.03<\/li>\n<li>Projected revenue: $ 1.15 billion<\/li>\n<\/ul>\n<p>Cramer said he&#8217;s interested in knowing if the mountain resort company is concerned about an economic slowdown.<\/p>\n<\/div>\n<\/div>\n<p>    .<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CNBC&#8217;s Jim Cramer said Friday that any signs of consumer negativity next week will be a welcome sign for the Federal Reserve in its fight against inflation. &#8220;I know it&#8217;s a total drag to hope for negativity, but that&#8217;s what we need right now&#8221; to bring inflation down, he said. &#8220;I bet we&#8217;ll find that &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/harchi90.com\/consumer-trends-will-gauge-the-state-of-inflation\/\"> <span class=\"screen-reader-text\">Consumer trends will gauge the state of inflation<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[8],"tags":[116,118,5726,17112,3029,17110,246,245,112,17109,17113,231,17111,17108],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"fifu_image_url":"https:\/\/image.cnbcfm.com\/api\/v1\/image\/103263583-IMG_9972rr.jpg?v=1509385091&w=1920&h=1080","_links":{"self":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts\/36017"}],"collection":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/comments?post=36017"}],"version-history":[{"count":0,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts\/36017\/revisions"}],"wp:attachment":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/media?parent=36017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/categories?post=36017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/tags?post=36017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}