Whirlpool Reports Price Increases of 7% in North America, Up to 10% in Latin America
Whirlpool said in its earnings release that prices in its North America major domestic appliances segment rose 7% in the fourth quarter, with increases of up to 10% across its Latin American segment.
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08:18:42 PM UTC
SquawkNews
Whirlpool is implementing a 7% price increase across North America in the fourth quarter even as industry demand slipped 3.3% in the third quarter. The appliance maker achieved roughly 230 basis points of sequential margin expansion through pricing execution and new product launches, the company sa…
Whirlpool is continuing to hike its prices, detailing a 7% fourth-quarter price hike in its North America major domestic appliances segment in its earnings release. The company also outlines price increases of up to 10% across its Latin American MDA segment. Whirlpool has been turning to price hike…