Patrick Schumann Quotes (6 Quotes)

The company is very disappointed with themselves and I certainly think they can do better. They just need to stop the bleeding.

We took it as a negative that Mark was leaving and we still think it is. Some of that was mitigated with Marty taking over, but I'd certainly rather have both executives in the company instead of just one.

I think the market is taking some comfort that Procter is certainly making some progress. There's reason to be cautiously optimistic that the worst is probably behind us.

They're focusing on their stronger, larger brands, and I think that's a prudent strategy for the long term. I think they'll lean towards the higher growth product lines but will take a long time.

If you do see some changes, there could be some operating efficiencies and economies of scale that flow through to the consumer via lower prices. But I do believe that they're going to operate the way that these companies have operated. They have very strong stores to begin withso the consumer shouldn't see too much change at the beginning.

These two companies have gone head to head for a long time. Neither wanted to give up ground, particularly when it comes to innovative new products.