{
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  "docSlug": "jarvis-macellum-the-childrens-place-presentation-april-2015",
  "documentTitle": "Macellum The Childrens Place Presentation April 2015",
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  "documentKindSlug": "activist-deck",
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  "presentationDate": "2015-04-01 00:00:00",
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  "pageNumber": 32,
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  "slideType": "expose_contradiction",
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  "nDataPoints": 6,
  "notes": "Uses a line chart to visualize the gap between target and actual performance, highlighting the downward adjustment of targets.",
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      "kind": "callout",
      "text": "The Board had to reduce the Operating Income Target by 30% for Management to be able to achieve it",
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      "text": "Target for Operating Income ($ millions)",
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      "text": "Despite consistent reductions in Target Adjusted Operating Income, management missed its original Target in 2011, 2012 and 2013. After the Company underperformed in the first quarter in 2013, the Board lowered the Target to a level that Management was able to exceed.",
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      "text": "Source: Capital IQ; SEC Filings; Barington analysis.",
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      "kind": "title",
      "text": "We Believe the Board Has Rewarded Poor Performance by Reducing the Company's Target by 30% Since 2011",
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      "evidence": "The document presents a comparison of The Children's Place with its peers, highlighting the company's underperformance",
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