The global consumer industry experienced a 31% drop in company filings mentions of cybersecurity in Q4 2023 compared with the previous quarter, with the highest share accounted for by Estee Lauder with 38% year-on-year increase, according to GlobalData’s analysis of over 143 consumer company filings. GlobalData’s Consumer: Filings Trends & Signals Q4 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, cybersecurity was one of the most frequently referenced themes in Q4 2023, ranking highest in terms of mentions, ahead of esports and sharing economy, according to GlobalData.
Of the top leading companies in the consumer industry, Estee Lauder had the greatest increase in references for cybersecurity in Q4 2023, compared with the previous quarter. GlobalData identified 11 cybersecurity-related sentences in the company's filings - 0.4% of all sentences - and an increase of 38% in Q4 2023 compared with Q4 2022. Clorox’s mentions of cybersecurity rose by 350% to 9 and Tyson Foods’s by 60% to 8 and Church & Dwight’s by 50% to 6 and Philip Morris International’s by 100% to 4.
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 cybersecurity in Q4 2023 was 150.
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For further understanding of GlobalData's Consumer: Filings Trends & Signals Q4 2023, buy the report here.
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