BusinessWhirlpool Profit More Than Doubles Due To Cost Cuts

Whirlpool Profit More Than Doubles Due To Cost Cuts

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Whirlpool Corp (WHR.N) said its quarterly profit more than doubled as the company’s cost cutting efforts paid off.

Net income available to the world’s largest appliance maker rose to $196 million, or $2.42 per share, in the third quarter from $74 million, or 94 cents per share, a year earlier.

Excluding items, Whirlpool earned $2.72 per share.

REUTERS

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