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  "documentTitle": "Trian Partners | Activist Presentation Deck | 42 slides",
  "authorId": "trian-partners",
  "authorName": "Trian Partners",
  "documentKindSlug": "activist-deck",
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  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2018-10-01 00:00:00",
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  "pageNumber": 27,
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  "nDataPoints": 4,
  "notes": "The chart shows a clear shift in market share from DIY/Remodeler to Paint Contractor over the period 1980-2017.",
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  "slideHref": "/slides/019de06f-be08-7198-94a5-5ede1399a50f/27",
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      "kind": "chart",
      "text": "Paint Volumes by Purchaser Type (1980-2017)",
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        "x": 0.75,
        "y": 0.48
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      "kind": "image",
      "text": "DIY / Small Pro Distribution (Home Depot, Menards)",
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        "x": 0.75,
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      "kind": "image",
      "text": "Contractor Distribution (PPG Paints Store)",
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      "text": "For decades, demand in the construction industry has shifted from “Do It Yourself” projects to “Do It For Me” (DIFM/pro) due to aging population and two-income households.\nPPG has stable high-quality brands for both segments.\nPaint contractors prefer specialized shops for relationships, credit, and expertise.",
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      "kind": "source-note",
      "text": "Source: Sherwin-Williams investor presentations.",
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      "kind": "title",
      "text": "We Believe PPG is Well Positioned to Benefit From DIY to Pro Shift",
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