Whirlpool Small Appliances Third-Quarter EBIT Margin Rises to 18.6%
Whirlpool said its global small domestic appliance business posted an 18.6% EBIT margin in the third quarter, up from 16.5% a year earlier. The company attributed share gains to KitchenAid launches and direct-to-consumer expansion.
Whirlpool's global small domestic appliance business achieved an 18.6% EBIT margin in the third quarter, up from 16.5% a year earlier, the company said. KitchenAid product launches and direct-to-consumer channel expansion are driving share gains, according to the company. U.S. orders for October ju…