Tue, Aug 19, 2014 1:41 PM EDT 0:34
Jim Cramer Says Home Depot's CEO is executing better than anyone in retail. Cramer says rather than putting up more stores, Frank Blake gets more out of every store and out of e-commerce. Cramer says Blake managed to avoid a shortfall this season, helping to boost its numbers. The world's largest home improvement retailer reported second-quarter earnings that were higher than Wall Street estimates, thanks in large part to customers buying on mobile devices. Home Depot's online sales increased 38 percent in the second quarter. The company also completed its roll out of its "buy online, pickup in store" capability.