- Mike Gallagher, CEO, Playtex Products
"The third quarter was the bottom. We've [P&G, Kimberly-Clark Corp. and Georgia-Pacific] beaten each other to a bloody pulp and [now] the promotional activity seems to be decreasing."
-Pete Correll, Chairman-CEO,Georgia-Pacific Corp.
"I would say [the promotional environment is] certainly not getting any better. ...There are more promotional dollars on the street and everybody's percent of [sales] on deal has gone up a couple of points in bath tissue, towels and facial. So you're just seeing more promotional dollars chasing a flat category."
-Thomas J. Falk, Chairman-CEO, Kimberly-Clark Corp.
"There is definitely a competitive upsurge in this country in many categories. ... It's not for me to say what's sustainable or not sustainable. ... Without question when you do [profit and loss analyses] on individual businesses for Procter or any of these companies, some of these [spending] levels don't appear to be rational."
-Reuben Mark, Chairman-CEO, Colgate-Palmolive Co.