Whirlpool Corporation Statement on Sears Bankruptcy Filing
In the past, when faced with a potential volume reduction from any one particular segment of the trade distribution network, Whirlpool has been able to offset such declines with increased sales through a broad distribution network.
"Our products are sold where consumers want to shop with distribution across all big-box retailers, the homebuilding channel and independent retailers," said
Whirlpool does not anticipate this bankruptcy will have any impact on our full-year 2018 EPS guidance or financial results over the long term. Further updates will be provided on Whirlpool's conference call to discuss third-quarter financial results.
Whirlpool Corporation Additional Information
Certain statements in this press release relating to the Company's expectations for the financial and operational impact of this matter constitute "forward-looking statements" within the meaning of the U.S. federal securities laws. These statements reflect management's current expectations regarding future events and speak only as of the date of this press release. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance and will not necessarily be accurate indications of whether or not, or the times at or by which, events will occur. Actual performance may differ materially from that expressed or implied in such statements. Reference should also be made to the factors discussed under "Risk Factors" in the Company's periodic filings with the
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