It will all smooth out longterm as you say but essentially this...

It will all smooth out longterm as you say but essentially this is the reaction to the DC IMO.
It has such a long payoff that it just doesn't make sense when they get such a high return on capital from expansion, also I'm not a fan of how high the dividend is considering the cash demand on the company this financial, they say they are going into debt for the DC investment but in actual fact it's just because they are not retaining enough of their earnings for a growing business IMO.
I would rather they were tightwads on the payout and when investors sell down like this they just buyback some shares (using debt), that IMO is a good use of debt.
Still a solid result though and I have no concerns about my investment (averaged $6.20 buyin).