Whirlpool, Profit Down 47%, Ups Outlook

10/23/09
			
	


<p>Whirlpool oven

Nonetheless, the appliance maker upped its full-year outlook -- good news for all you refrigerator-index watchers. During the quarter, the company earned $87 million, or $1.15 a share, compared with $163 million, or $2.15 a share, in the year-ago period. Analysts expected earnings of 77 cents a share. Results included $43 million, or 50 cents a share, for a settlement with the Brazilian competition commission. Sales slipped 8% to $4.5 billion from $4.9 billion last year, led down by its European business, which saw a 17% tumble in revenue. To combat sluggish sales, Whirlpool has cut jobs and shuttered a refrigerator factory. But it announced that it may rehire 150 employees from its factory in Fort Smith, Ark., as it sees demand improving. Looking ahead, the company now forecasts full-year earnings of about $4.25 a share, up from a prior outlook of $3.50 to $4 a share. -- Written by Jeanine Poggi in New York Follow TheStreet.com on Twitter and become a fan on Facebook .

Source: TheStreet.com

News: Whirlpool Refrigerator

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Prestige Appliance Outlet donates appliances during its grand opening

it's been a leading partnership for Whirlpool for more than 10 years. For every Habitat house in the world now, we supply a free range and refrigerator.

QA: Whirlpool Refrigerator

Q:I have a 1996 Whirlpool Model ET19PK refrigerator. Stopped cooling completely. What is common cause of this?

A(!): Confirm the thermostat and make sure the compressor is running. The compressor behind the refrigerator on the bottom. Usually black and the size of a balloon. If it sounds as if it works, but the refrigerator is still not cool, you need a technology or a new refrigerator. The most common reason for not being cool is quite heavy because of frost or lint and dust that was comfortable on the cooling coils.

A: Leave the thermostat and make sure the compressor is running. The compressor behind the refrigerator on the bottom. Usually black and the size of a balloon. If it sounds as if it works, but the refrigerator is still not cool you, in all likelihood need a technology or a new refrigerator. The most common reason for not being cool is quite heavy because of frost or lint and dust that was cool on the cooling coils.

A: Your refrigerator is aging. You may qualify for repair, but check the cost of repairs to a new or reconditions frig.

Appliances generally last 12 years. If they last longer while on yourself lucky

After we built our house we bought a new stove, refrigerator, washer and dryer. One by one, we have started to replace our equipment. In this constantly, we had them for almost 12 years. Man appliances told us they had about 12 years. I refuse to buy a new washing machine, so instead we bought a washing reconditioned. Working fine without prejudice.Who knows, maybe we'll get another 12 years out of the laundry used and reconditioned washer.

Q: I have the obtuse Whirlpool refrigerator with the handle just broke. Now, I seek a replacement. Does anyone know where I can find this at home depot as, As .. and so on? I can also line the Commission if available. Thanx.

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