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More Squawk From Jim Cramer: Dollar Discount Retailers Pressured by Walmart (WMT)

NEW YORK (TheStreet) -- Shares of Dollar Tree (DLTR) and Dollar General (DG) were falling sharply in late-morning trading on Thursday after both discount retailers posted weak quarterly results.

Dollar General also reiterated its full-year guidance for earnings per share falling between 10% and 15%.

"I thought that was interesting that they reiterated given the fact that how really kind of subpar it was," TheStreet's Jim Cramer said of the quarter on CNBC's "Squawk on the Street" this morning.

Cramer added that the discount retailer also cited "unseasonably mild spring weather."

"What does that mean, you bought less Velveeta?" Cramer wondered. "No one else cited the unseasonably mild spring weather of the companies that I deal with...I thought that was curious. It raised eyebrows."

The markets may be unpredictable, but Jim Cramer can show you how to...