Q: Hi 5i
How do you view DLTR earnings release 1.7b loss closing 1000 stores etc..
In light of this would you expect material impact for DOL and its upcoming earning release... I did see this morning that national bank upgraded price target for DOL...
Current holder but with only a 1 to 2 year hold. Would you continue to hold DOL...
thx
How do you view DLTR earnings release 1.7b loss closing 1000 stores etc..
In light of this would you expect material impact for DOL and its upcoming earning release... I did see this morning that national bank upgraded price target for DOL...
Current holder but with only a 1 to 2 year hold. Would you continue to hold DOL...
thx
5i Research Answer:
In the quarter before this, DOL's fundamentals significantly outperformed its US peers, and the stock did as well. While there are no guarantees, DOL seems simply better run and positioned better, and we would have no reason to expect material weakness at DOL just because its peers are struggling a bit more. We would thus remain comfortable here.