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Gillette's sales reach $2.29 bil. in second quarter; European toiletries revenues up 10%.

This article was originally published in The Rose Sheet

Executive Summary

GILLETTE EUROPEAN TOILETRIES SALES UP 10% IN THE SECOND QUARTER on the strength of Satin Care women's shave preps and Gillette Series antiperspirants and deodorants, VP-Investor Relations Everett Howe reported in a July 17 conference call with securities analysts.. The "star performer" in the region, Satin Care, had a "tremendous impact" on Gillette's Western European retail market, the company said. In addition, Gillette noted the region's deodorant business is "stronger than ever," boosted by the Clear Gel technology used in Gillette Series Clear Stick antiperspirants. Overall toiletries sales for the North Atlantic group (Western Europe, Canada and the U.S.) slipped 3%, but profits jumped 66%.
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