Callouts & quotes from 37,061+ activist slides

"“We are skin care” and “Skin care is everything to us”. — Vincent Warnery, CEO, Beiersdorf"

"we believe this issue is both material and urgent — BlackRock (referencing Exxon AGM 2020)"

"Shall be carried out in strict accordance with the approved plans ... — Legal text excerpt"

"“No evidence of hepatic toxicity” — Chinook Company Conference Presentation, May 10, Pg. 5"

"from the picture, all I can tell you is that these farms are built very cheaply — Expert B"

"Over the long term, our goal is to maintain growth and expand profitability — athenahealth"

"“The single biggest risk factor for Zillow is employee malaise.” — Former Senior Executive"

"「貸借対照表に対して減損処理をしていないのだろう、ということです。また、その結果として在庫を実際の価値よりも高い評価で計上しているでしょう。」 — Scorpion Capital"

"his role in the implementation of scheduled railroading — CSX press release, Aug. 4, 2023."

"“notable given reports of sudden death” — FDA CDER Clinical Review (Solages, Sep 28, 2020)"

"“based on a temporal association, a contributory role of WAKIX cannot be ruled out.” — FDA"

"An interviewer at Warburg Pincus Private Equity asked this question to one of our clients."

"Duele. Duele profundamente. Y yo me siento profundamente abusado y aprovechado. — HOMBRE 4"

"That means that RUN would be a company that can sell its product, but it cannot get paid."

"CURRENT PORTFOLIO UNLIKELY TO SUSTAINABLY DELIVER MID-SINGLE DIGIT % ORGANIC SALES GROWTH"

"HLF stock has increased 28% from our average cost* at announcement date to April 21, 2016"

"At worst, there is evidence of substantial merchant customer decline in Nuvei's business."

"FNMA and FMCC share prices increased 138% (2.38x) and 131% (2.31x), respectively, in 2016"

"Campbell lowered accretion guidance twice in the first six months after deal announcement"

"Avery Dennison Showing Multiple Classic Spruce Point Signs of Increasing Financial Strain"

"We believe that this provides further indication that the current Board is dysfunctional."

"After years of aversion to change, the Company's strategy and operations are now outdated"

"In the most recent Q4'2022 quarter, there was a substantial decline in the quality ratio."

"Box's stockholder returns continued to lag that of its peer group and the broader market."

"Lowe’s recent share price of $21.50 is nearly 40% below its peak of ~$35 in February 2007"

"Lowe's level of same-store sales growth outpaced Home Depot's each year from 2001 to 2008"

"We believe the Company really did not know what it was buying in some large transactions."

"We continue to believe that Carvana could be a zero given its significant financing risk."

"CVNA should trade in-line with other auto dealers, not asset-light auto e-commerce sites."

"From 2008 to 2020, Erie Exchange experienced a period of stability and consistent growth."

"We use a common-size model to show how this data implies YoY offline enrollment decreases"

"Why can PetIQ’s products business support EBITDA margins more than double those of peers?"

"Red Lobster’s negative SSS would adversely weigh on management’s new compensation program"

"The recipe for success has been created and executed before – it is achievable once again"

"Franchising problem markets is a win-win-win for Darden, the franchisee, and the customer"

"We believe that Goodyear can earn 385 basis points of incremental margin in the near-term"

"Initially just powders for 3-D printers to now powders and parts with 45% less headcount?"

"No CCME controller. There is a media control box manufactured by Inspur in the dashboard."

"We derived our own estimates of the 2022 landbank's value by using the comparable method."

"Target owns the highest percentage of its real estate compared to other big box retailers"

"Accordingly, we suspect that the Libre 2 will have significant appeal among T1 diabetics."

"Hess needs directors that (1) will acknowledge issues, and (2) are capable of fixing them"

"If Hess wants to be compared to Integrateds, then COP and MRO are the most relevant peers"

"Shipments in the past twelve months have plummeted by approximately 42% compared to 2022."

"Evercore stands to earn a $32 million fee if this transaction is approved by shareholders"

"We believe our nominees have the right mix of skill sets to lead Darden to future success"

"Red Lobster’s negative SSS would adversely weigh on management’s new compensation program"

"The recipe for success has been created and executed before – it is achievable once again"

"Franchising problem markets is a win-win-win for Darden, the franchisee, and the customer"

"We believe our nominees have the right mix of skill sets to lead Darden to future success"

"After years of aversion to change, the Company's strategy and operations are now outdated"

"We believe SBUX and GMCR have approximately $0.22 in operating profit per K-cup to split:"

"Contrary To Lance's Statement, Management Is Not Compensated on Cash Flow, Instead EBITDA"

"New Alcoa chose to embrace good governance when the companies split, Arconic chose not to"

"The embedded midstream assets could be worth >$40bn TEV as a standalone midstream company"

"The key question for stockholders is this: Who do you believe will make US Foods deliver?"

"Bots like these appear to be a necessary condition for performers to be successful on YY."

"If a mall is a portfolio of bonds, then a mall REIT is a portfolio of portfolios of bonds"

"Keisei should adopt the following measures to lead from the front in the Japanese market:"

"Various Operational Levers Exist To Optimize the Business & Grow Dye & Durham Organically"