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July 23, 2002
By: TOM BRANNA
Editor
The Gillette Company, Boston, MA, reported net income climbed 27% on a 5% increase in net sales for the second quarter ended June 30. Excluding a one-time gain, net income increased 18%. Strong performance by the Mach3 and Venus shaving systems drove their leading global market shares to record levels, executives said. The company also strengthened its No. 1 share position worldwide in both the manual and power toothbrush sector.Net sales for the quarter rose to $2.02 billion, up 5% from $1.92 b...
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