Whirlpool Corporation said today it had appointed William D. Perez, former president and CEO of Wm. Wrigley Jr. Company, to its board of directors.
Track · email · face · Twitter · digg · COMMENTS
by Larry Etter
Whirlpool Corp. said its third-quarter profit fell 47%, with sales remaining weak across most of its businesses. The company said its profits were $87 million, or $1.15 a share, down from $163 million, or $2.15, a year earlier. Revenue dropped 8.2% to $4.5 billion; excluding currency effects, the drop was about 3%.
However, earnings exceeded analyst expectations and the appliance giant boosted its 2009 target to about $4.25 a share, compared with its prior expectation of $3.50 to $4.
Track · email · face · Twitter · digg · COMMENTS
by Larry Etter
Advertisement