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  "documentTitle": "The Procter & Gamble Company (PG)",
  "authorId": "06_Trian_Partners",
  "authorName": "Nelson Peltz",
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  "presentationDate": "2017-09-06 00:00:00",
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  "notes": "Includes a specific callout for Core EPS (as Reported) as the most comparable metric.",
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      "text": "Most comparable across time frames (see page 18 for more detail)",
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      "text": "P&G’s income statement has stalled since 2011, underperforming the peer average on virtually every line item including: sales growth (volume and organic growth), gross profit growth, gross margins, operating profit growth, operating margins and EPS growth",
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      "text": "Source: SEC filings and annual reports. Note: Financials exclude one-time costs such as restructuring expenses, impairments, non-recurring legal expenses, etc.",
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      "text": "P&G's income statement has stalled since 2011, underperforming the peer average on virtually every line item including: sales growth (volume and organic growth), gross profit growth, gross margins, operating profit growth, operating margins and EPS growth",
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