Q: Why would DOL's SP took a dip after earnings report? Is it a matter of not good enough based on "expectations"? Thanks.
5i Research Answer:
Yes; the market expected 5.7% same-store-sales growth and DOL reported 5.6%. EPS of 77c did beat estimates of 74c. But the stock is up 27% this year, and some chatter on slower consumer spending caused some investors to take some profits.