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News  ›  Benzinga

Activist Investor Drops Scathing Letter, Slams Cooper's 'Growth At All Costs' Approach

Benzinga Logo Benzinga By Vandana Singh
Activist Investor Drops Scathing Letter, Slams Cooper's 'Growth At All Costs' Approach

Browning West, a major shareholder, criticized Cooper Companies for underperformance, weak governance, and misaligned capital allocation strategies across its CooperVision and CooperSurgical divisions.

Insights
TSM   positive

Dominates semiconductor manufacturing, critical to AI infrastructure, with 40.8% revenue growth, 50.6% operating margin, and diversified product portfolio beyond AI


COO   negative

Activist investor highlighted poor financial performance, low free cash flow, declining P/E ratio, and ineffective capital investment strategies across business divisions