Whirlpool: Watching Brexit Closely

whirlpoollogo2014-5
whirlpoollogo2014-5

Whirlpool executives are closely watching how the decision by voters in the United Kingdom to leave the European Union will impact the company and the appliance industry. Chairman and CEO Jeff Fettig said in a statement released today the Brexit vote “has created a number of uncertainties, many that will take some time to play out.” Fettig says the Benton Harbor-based appliance maker will continue to monitor the situation closely to see if they need to take any actions to protect market share and business interests. Whirlpool Corporation will announce second-quarter earnings on July 18, and reaffirmed its full-year guidance of GAAP earnings per diluted share of $11.25 to $12, and ongoing earnings per share of $14 to $14.75.