Consumer
Whirlpool Says Tariffs to Benefit Business Going Forward
A salesman shows customers refrigerators at a home furnishings store in Orem, Utah.
Photographer: George Frey/BloombergThis article is for subscribers only.
Whirlpool Corp. maintained its full-year financial outlook despite uncertainly over global tariffs, saying their long-term impact will benefit its position in the US home-appliance market.
The refrigerator-maker still expects net sales of $15.8 billion, while ongoing earnings should be around $10 per share this year, it said in a statement. It also expects to cut more than $200 million of costs from its business.