The global consumer industry experienced an 87% drop in company filings mentions of COVID-19 in Q2 2024 compared with the previous quarter, with the highest share accounted for by Clorox with 13% year-on-year increase, according to GlobalData’s analysis of over 269 consumer company filings. GlobalData’s Consumer: Filings Trends & Signals Q2 2024 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.
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Notably, COVID-19 was one of the most frequently referenced themes in Q2 2024, ranking highest in terms of mentions, ahead of governance and esports, according to GlobalData.
Of the top leading companies in the consumer industry, Clorox had the greatest increase in references for COVID-19 in Q2 2024, compared with the previous quarter. GlobalData identified 17 COVID-19-related sentences in the company's filings - 2% of all sentences - and an increase of 13% in Q2 2024 compared with Q2 2023. Ralph Lauren’s mentions of COVID-19 dropped by 82% to 13 and Dabur India’s by 21% to 11 and Compagnie Financiere Richemont’s by 59% to 9.
GlobalData’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 COVID-19 in Q2 2024 was 94.
For further understanding of GlobalData's Consumer: Filings Trends & Signals Q2 2024, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies across the world’s largest industries.
