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NEW YORK (TheStreet) -- Before the market open today, Tiffany (TIF) - Get Tiffany & Co. Report reported a 2015 third quarter decline in revenue and reduced its full-year earnings forecast.

"I'm sick of Tiffany," TheStreet's Jim Cramer said on CNBC's Squawk on the Street this morning.

He added that the jewelry company has continually issued guidance above what it is capable of delivering.

"The company really led you to believe things would get better," he said.

A lot of people thought this quarter would be the "upside surprise," but unless management believed the dollar was going to weaken, there was no reason for Tiffany to give bullish guidance, Cramer noted. 

"They've kept their own stock up by giving good guidance," he said, adding that he's losing faith in the company's management.

In stark contrast to Tiffany, GameStop (GME) had a "November to remember," and is urging people not to write them off because the past few weeks have been great, Cramer noted. 

Even so, a number of firms downgraded the company today. A fundamental issue facing the video game retailer is weak sales of Electronic Arts' (EA) "Star Wars" video game, Cramer said. 

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Cramer admitted that he isn't a gamer himself, but people who are have said the Star Wars game is "a stinker."

Separately, TheStreet Ratings team rates TIFFANY & CO as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation:

We rate TIFFANY & CO (TIF) a BUY. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins, good cash flow from operations and notable return on equity. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself.

You can view the full analysis from the report here: TIF

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Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of Jim Cramer, TheStreet or any of its contributors.