The Gillette Company’s second quarter sales rose 5% to $2.02 billion, while net income increased 27% to $293 million. For the six months ended June 30, 2002, net sales grew 6% to $3.76 billion, while net income increased 25% to $516 million. Colgate-Palmolive Company Colgate-Palmolive announced a record net income for the second quarter 2002. The net income increased 14% to $327 million, which reflects the company’s adoption of SFAS 142, eliminating the amortization of good will. Wordwi...