Callouts & quotes from 26,677+ activist slides

"To date, Box has missed EVERY long-term revenue target it has ever published."

"Based on consensus estimates, Box is expected to miss the goal it set in 2019"

"Box took stockholder-unfriendly actions even before becoming a public company"

"Carvana can no longer go running to Garcia II whenever it runs out of cash..."

"PSH’s broker-traded volume is double the exchange-traded volume at 68% vs 32%"

"We estimate continuing EPS approx. -47% below the street “adjusted” estimates"

"We estimate continuing EPS approx. -36% below the street “adjusted” estimates"

"We estimate continuing EPS approx. -47% below the street “adjusted” estimates"

"Gross profit per employee is not a relevant performance indicator for Ströer."

"Multiple contraction closer to peers and best performer Progressive Insurance"

"Cash Never Generated From Collection of Receivables or Sell Down of Inventory"

"Structurally higher long-term growth should translate into multiple expansion"

"It is time for TIM, in the words of its new CEO, to become a "normal company""

"LIKE MARATHON, PHILLIPS 66 CAN BE RESTORED TO A TOP-PERFORMING ENERGY COMPANY"

"It is unclear given Canadian Tire is basically a one stop shop for everything"

"Increased Credit Risk Is A Major Threat And Is Being Overlooked By The Market"

"The wage and salary expenses are purportedly due to a related party recharge."

"We intend to run a full search including internal and external CEO candidates"

"Assumes Olive Garden continues to spend more than anyone else in the industry"

"Wine program was wildly successful and alcohol sales improved from 8% to 13%."

"GoDaddy is expected to miss its 2024 revenue target by more than $500 million"

"We believe that there is significant share price upside potential at Fortrea."

"LIKE MARATHON, PHILLIPS 66 CAN BE RESTORED TO A TOP-PERFORMING ENERGY COMPANY"

"The urgency of management and Board change at Southwest could not be clearer."

"Investor presentation shows a mere 3 quantum computers currently “in service”"

"You can't judge us on a one-year basis. You have to do it over the long term."

"Shareholder Nominees Have Exact Skills Necessary to Reassess and Refocus Hess"

"Need to start monetizing investments after several years of building capacity"

"Of these 26 Approved Plans, there are two which are of particular centrality."

"We believe NuScale is well positioned in the nascent nuclear reactor industry"

"$41.8M = Carrying value of SummerCamp and CutterRidge residential real estate"

"Not one of these properties could cover interest even if SOFR were only 3.5%."

"Our As-Is values are generally more conservative than are DBRS Morningstar's."

"The McDonald's Board has failed to assume accountability for its ESG failures"

"Our estimate ties out to Lefkofsky's remarks that TCV is >$1B as of April '25"

"Elanco has underperformed against all benchmarks in all evaluated timeframes."

"It appears Akamai lost Microsoft as a customer for this platform... to Edgio."

"We intend to run a full search including internal and external CEO candidates"

"Assumes Olive Garden continues to spend more than anyone else in the industry"

"Wine program was wildly successful and alcohol sales improved from 8% to 13%."

"CONSOL's Buchanan mine is the lowest cost metallurgical coal mine in America."

"We believe Tripadvisor trades at an attractive multiple compared to its peers"

"We believe Tripadvisor trades at an attractive multiple compared to its peers"

"Change in disclosure obfuscates increasing saturation of orthodontist channel"

"Ensuring momentum is key to employee morale and creating incremental leverage"

"LIKE MARATHON, PHILLIPS 66 CAN BE RESTORED TO A TOP-PERFORMING ENERGY COMPANY"

"The Shareholder Slate sees many areas of opportunity available to the Company"

"At a $14 share price, PF GGP trades at an 8.0% implied cap rate net of GGO(1)"

"Other partners of Skechers have backgrounds that are not without controversy."

"The FDA Found That iRhythm Products and Practices Put Patients' Lives At Risk"

"We Believe Zio Is A Commoditized Product In An Increasingly Crowded Landscape"

"The pace of activity has materially slowed since Engine has been on the scene"

"Such an outlier price for NMC Royal Women’s suggests significant overpayment."

"Back then they were distributors and now they are equivalent to subsidiaries."

"The following factors will increase the likelihood of a “for” recommendation:"

"We believe that there is significant share price upside potential at Fortrea."

"Salesforce has created significant shareholder value over the last two years."

"Twist’s reputation among customers was of over-promising and under-delivering"

"For more than a decade, 100% of Rio Tinto's dividends have been fully franked"

"We believe P&G’s current “matrix” structure results in limited accountability"