9 Quotes by Mitchell Corwin

  • Author Mitchell Corwin
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    Walgreen remains on a steady growth path, relatively unabated by industry or competitive threats.

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  • Author Mitchell Corwin
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    We have no problem with the board aiming for a higher price. However, should the company pursue the limited breakup alone, we have serious concerns about whether that risky strategy will ultimately yield better returns for current shareholders.

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  • Author Mitchell Corwin
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    I think the offer is great for shareholders. As of the close yesterday, the stock was already at about a 24 forward P/E, so I think this represents a pretty good exit for shareholders.

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  • Author Mitchell Corwin
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    As expected, it was a messy quarter. Retail was expected to be fairly weak, maybe there was a little more weakness in the supply chain services than investors had expected.

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  • Author Mitchell Corwin
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    They're probably disappointed in the offers that came in and they may be holding out for a higher price. Or they may be trying to do the breakup themselves, exit the underperforming markets through real estate sales and keep the operations in stronger markets.

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  • Author Mitchell Corwin
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    I'm not as concerned because the company is gaining market share relative to its peers and generating strong earnings and strong cash flow.

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  • Author Mitchell Corwin
  • Quote

    Buying food has turned into a commodity, so supermarkets have to continually raise the bar to keep their customers.

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