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Trucker strikes and tariffs: Whirlpool lists the reasons for its earnings miss

Whirlpool Corp. has a list of reasons why its second-quarter earnings and revenue missed expectations, including trucker strikes in Latin America and U.S. tariff headwinds.

“In addition to raw material inflation, we experienced a temporary but significant decline in U.S. industry demand, headwinds related to the U.S. tariffs as well as the Brazilian strike in Latin America,” said Chief Executive Marc Bitzer on the early Tuesday conference call, according to a FactSet transcript.

Whirlpool WHR, -14.52% reported adjusted earnings per share of $3.20, below the $3.69 per share FactSet consensus. Revenue of $5.14 billion was also below the FactSet consensus for $5.29 billion.

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