Q: Why would DCBO dropped so much at today's opening? The results are not that bad - at least not to us small retails?
Thanks.
Thanks.
5i Research Answer:
It is a tough market; guidance was for 'slightly' less in sales this year, otherwise the quarter looks fairly good to us. Volume has picked up but we will need to see how this fares by day's end. We can't explain the reaction, but it does look harsh for the numbers reported.