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  "docSlug": "01e293dcaac6",
  "documentTitle": "Nestlé S.A. (NESN)",
  "authorId": "05_Third_Point",
  "authorName": "Third Point",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2018-07-01 00:00:00",
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  "pageNumber": 10,
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  "slideType": "peer_gap",
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  "density": "balanced",
  "nDataPoints": 4,
  "notes": "The chart highlights a widening performance gap over longer time horizons, culminating in a 119% underperformance over 10 years.",
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      "kind": "chart",
      "text": "Total Shareholder Return Gap, %",
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      "kind": "disclaimer",
      "text": "Note: Total Shareholder Return (measured in local currency) includes dividends; Nestlé TSR on a 1, 3, 5, and 10 year basis was -5%, +22%, +45% and +135% respectively; European Peer Index consists of SPDR MSCI European Consumer Staples Index members...",
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      "text": "Total Shareholder Return Gap: -119%",
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      "kind": "title",
      "text": "SHARES HAVE SIGNIFICANTLY UNDERPERFORMED EUROPEAN STAPLES PEERS",
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      "text": "Nestlé Performance Gap vs. European Peer Average",
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      "evidence": "Compares Nestlé performance against a defined peer group index.",
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      "position": 0,
      "objective": "To highlight the costs of Nestlé's inaction",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
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