Whirlpool Corporation Announces Third-Quarter Results; Delivers Revenue Growth

Whirlpool Corporation Announces Third-Quarter Results; Delivers Revenue Growth

Delivered YoY revenue growth as new products gain traction in North America, while navigating the near-term unfavorable effects of tariffsAchieved structural cost take out of 100 basis points or approximately $50 millionQ3 GAAP net earnings margin of 1.8%; GAAP earnings…

Whirlpool Corp. reports better than expected Q3 results

Whirlpool Corporation reported better-than-expected third-quarter results on Monday, posting year-over-year revenue growth as the company said new product launches gained momentum in North America and investors responded with a 3 percent rise in the stock after hours. The company said revenue reached $4.03 billion, exceeding Wall Street expectations of $3.93 billion, according to Bloomberg consensus data. Adjusted earnings were $2.09 per diluted…