Retailer Narrative Composition
Proportion of Sentiment Categories per Reporting Period
Year	Period	Positive %	Negative %	Uncertainty %	Litigious %
MRP
2019	FY	47.2%	33.3%	16.7%	2.8%
2019	HY	56.5%	26.1%	17.4%	0.0%
2020	FY	37.7%	39.1%	20.3%	2.9%
2020	HY	35.7%	45.7%	7.1%	11.4%
2021	FY	51.3%	31.3%	15.7%	1.7%
2021	HY	50.8%	27.9%	19.7%	1.6%
2022	FY	52.1%	31.5%	6.8%	9.6%
2022	HY	47.6%	45.2%	7.1%	0.0%
2023	FY	29.8%	53.2%	14.9%	2.1%
2023	HY	34.1%	52.3%	13.6%	0.0%
2024	FY	52.5%	27.9%	18.0%	1.6%
2024	HY	44.4%	42.6%	13.0%	0.0%
2025	FY	71.4%	17.5%	9.5%	1.6%
2025	HY	57.7%	28.2%	12.7%	1.4%
TFG
2019	FY	48.7%	25.6%	23.1%	2.6%
2019	HY	38.5%	41.0%	12.8%	7.7%
2020	FY	42.6%	19.1%	23.4%	14.9%
2020	HY	34.1%	34.1%	26.8%	4.9%
2021	FY	31.9%	48.6%	16.7%	2.8%
2021	HY	29.2%	52.3%	12.3%	6.2%
2022	FY	44.9%	36.7%	12.2%	6.1%
2022	HY	47.5%	44.1%	5.1%	3.4%
2023	FY	43.6%	43.6%	5.1%	7.7%
2023	HY	61.9%	31.0%	7.1%	0.0%
2024	FY	50.0%	38.1%	9.5%	2.4%
2024	HY	48.6%	37.8%	13.5%	0.0%
2025	FY	43.4%	34.0%	15.1%	7.5%
2025	HY	44.4%	46.3%	5.6%	3.7%
2026	HY	29.4%	54.9%	9.8%	5.9%
TRU
2019	FY	31.2%	43.8%	21.9%	3.1%
2019	HY	31.6%	47.4%	15.8%	5.3%
2020	FY	16.3%	54.1%	24.5%	5.1%
2020	HY	25.0%	55.0%	17.5%	2.5%
2021	FY	28.2%	49.3%	19.7%	2.8%
2021	HY	37.5%	50.0%	12.5%	0.0%
2022	FY	36.5%	52.4%	7.9%	3.2%
2022	HY	38.1%	42.9%	14.3%	4.8%
2023	FY	37.8%	51.4%	8.1%	2.7%
2023	HY	21.9%	71.9%	3.1%	3.1%
2024	FY	33.8%	50.8%	12.3%	3.1%
2024	HY	28.6%	65.7%	2.9%	2.9%
2025	FY	36.4%	51.5%	12.1%	0.0%
2025	HY	37.5%	45.8%	12.5%	4.2%