CONFORMED COPY
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) January 13, 1998
WHIRLPOOL CORPORATION
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(Exact name of registrant as specified in its charter)
Delaware 1-3932 38-1490038
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(State or other jurisdiction (Commission File (I.R.S. Employer
of incorporation) Number) Identification No.)
2000 M63 North, Benton Harbor, Michigan 49022-2692
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(Address of principal executive officers) (Zip Code)
(616)-923-5000
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Registrant's telephone number, including area code
Item 5. Other Events
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On January 13, 1998, the registrant announced that it will take a charge
against fourth-quarter 1997 earnings to reduce costs in its Latin American
operations. The Brazilian subsidiary charge will be about $44 million pre-tax,
or $31 million after-tax, and when fully implemented annual after-tax cost
savings to the Brazilian subsidiary of approximately $45 million are expected.
In addition, the registrant reported that it expected fourth quarter and
full-year 1997 earnings to be in line with recent analyst expectations and to
exceed last year's earnings by approximately 35 percent. The company said
audited earnings will be released in early February.
Item 7. Financial Statements and Exhibits
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Copy of January 13, 1998 press release covering the Company's announcement
regarding a charge against fourth-quarter 1997 earnings to reduce costs in its
Latin American operations.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
WHIRLPOOL CORPORATION
Registrant
Date: January 14, 1998 By: /s/ Daniel F. Hopp
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Name: Daniel F. Hopp
Title: Vice President, General
Counsel and Secretary