Gilette will offset a weakening Euro by cutting costs

Article Abstract:

Gillette Co. is planning to reduce its advertising and promotional expenses in order to offset the weakness of the euro. The euro's performance will effect the company's earnings for this 2000 quarter.

Financial management

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Gillette posts quarterly loss after restructuring

Article Abstract:

Gillette Co. posted a $85 million (92 million euros) loss for the 2000 fourth-quarter due to a major restructuring. The company posted $339 million in net income for the same period in 1999.

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Gillette may step off razor's edge, despite poor result

Article Abstract:

Gillette Co. posted a decline of 22% in its earnings for the 2001 second-quarter. The company posted $232 million (266.2 million euros) in earnings for the period.

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