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Old 07-25-2018, 03:40 PM  
Bladewire
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Join Date: Aug 2003
Location: Monarch Beach, CA USA
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Whirlpool's CEO: These 4 Big Things, Including Tariffs, Dominated Quarter

"Bitzer said the chief contributors to the earnings miss and the company's biggest concerns going forward are the cost of steel and resin that go into making the large metal boxes that become washing machines, dryers, stoves and refrigerators, the company's stock and trade. The two other important factors are freight, affected by the cost of fuel and a shortage of drivers in the trucking industry, and tariffs, including those imposed by President Donald Trump's administration on steel imports earlier this year."
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