The global consumer industry experienced a 49% drop in company filings mentions of comfort & uncertainty in Q3 2023 compared with the previous quarter, with the highest share accounted for by Kimberly-Clark with 40% year-on-year decrease, according to GlobalDataâ€™s analysis of over 89 consumer company filings. GlobalData’s Consumer: Filings Trends & Signals Q3 2023 report delves into earnings call transcripts and quarterly reports within the consumer industry, extracting trends, signals, and comparative data to help businesses assess their performance, identify competitive intelligence, evaluate risks, and gain a comprehensive understanding of key industry events. Buy the report here.
Notably, comfort & uncertainty was one of the most frequently referenced themes in Q3 2023, ranking highest in terms of mentions, ahead of ecommerce and individualism & expression, according to GlobalData.
Of the top leading companies in the consumer industry, Kimberly-Clark had the greatest increase in references for comfort & uncertainty in Q3 2023, compared with the previous quarter. GlobalData identified three comfort & uncertainty-related sentences in the company's filings - 0.4% of all sentences - and a decrease of 40% in Q3 2023 compared with Q3 2022. LG Electronicsâ€™s mentions of comfort & uncertainty rose by 200% to 3 and Philip Morris Internationalâ€™s by 100% to 2.
GlobalDataâ€™s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for comfort & uncertainty in Q3 2023 was 107.
For further understanding of GlobalData's Consumer: Filings Trends & Signals Q3 2023, buy the report here.