Mitchell Corwin Quotes (7 Quotes)

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

I think the offer is great for shareholders. As of the close yesterday, the stock was already at about a 24 forward PE, so I think this represents a pretty good exit for shareholders.

We previously assumed Whole Foods' growth rate would trend down precipitously after five years because we believed the company, similar to many high-growth companies, couldn't sustain its rapid growth. We think we are being overly conservative with that assumption.

The company continues to grow, unabated by industry and competitive threats.

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

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.

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.