Gillette Fusion extends our rich history of innovation. It's a breakthrough platform that will continue to drive our category leadership.

The Schick launch has nothing to do with this; it's like comparing a Ferrari to a Volkswagen as far as we're concerned.

Gillette's financial turnaround is under way, ... We're confident we have the right strategies in place to guide out businesses in the future.

We are very pleased with our performance for the first quarter. We delivered excellent results at the upper range of our expectations. Each of our three operating units moves into the balance of the year with good strength and momentum.

Mach3 will remain No. 1 for the first few years, but Fusion will become our flagship brand.