It's natural for people to think that if a business is doing well in the U.S. it will be successful overseas. But this is not always the case, Jim Cramer said on his
"RealMoney" radio show Monday.
A good example of a company that does not do well when it ventures abroad is
, Cramer said.
Although the retail giant has a great business domestically, it is not performing well in South Korea, Germany and the U.K. -- three areas it has gone into.
Wal-Mart is being hurt in the U.K. by a potential labor strike. If workers strike, it will hurt the company's business because it is antiunion, Cramer said. Additionally, Wal-Mart recently closed three stores in Germany, and sales are down in South Korea, too.
"This is a major defeat," Cramer said. "Wal-Mart is only up 3% for the year."
Two companies that have been able to make it successfully overseas are
, both of which have had phenomenal sales abroad, he said.
Cramer also said that
, whose restaurant brands include KFC, Pizza Hut and Taco Bell, has a great business in China.
He believes that
is a company that can do well overseas.
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