October 25, 2018 / 12:45 PM / a month ago

Whirlpool expects $300 mln in tariff-related costs in 2019

Oct 25 (Reuters) - U.S. home appliances maker Whirlpool Corp expects $300 million in costs related to tariffs in 2019, company executives said on an post-earnings call on Thursday.

The company said it expects to increase prices to offset higher raw material and tariff costs in 2019.

Whirlpool has so far been able to counter higher tariff costs by raising prices. (Reporting by Rachit Vats and Ankit Ajmera in Bengaluru Editing by Saumyadeb Chakrabarty)

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