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  "docSlug": "297bd8544a3ce4034cd8167a5d2b8e71",
  "documentTitle": "Pershing Square | Activist Presentation Deck | 45 slides",
  "authorId": "pershing-square",
  "authorName": "Pershing Square Capital Management",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2013-05-01 00:00:00",
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  "pageNumber": 18,
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  "density": "balanced",
  "nDataPoints": 16,
  "notes": "The slide highlights that peers with lower emerging market exposure and weaker brand/category positioning are still achieving higher growth than P&G.",
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      "kind": "callout",
      "text": "Many peer companies with lower emerging markets exposure, weaker brands and/or less advantaged categories are achieving 4% - 7% organic growth rates",
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      "text": "Note: Emerging markets mix is based on Wall Street research and company reports.",
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      "text": "Peer comparison table showing Emerging Markets Mix, Brand Strength, Advantaged Categories, and CY'12 Organic Sales Growth for 8 companies.",
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      "text": "Comparison of Peer Company Growth Rates",
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      "evidence": "The document agitates the issue by highlighting P&G's cost opportunity and comparing it to peers.",
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