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Whirlpool Delays Quarterly Earnings Following CEO’s Cycling Accident

A minor bicycle accident involving Whirlpool Chief Executive Officer Marc Bitzer has forced the appliance manufacturer to postpone its second-quarter earnings disclosure. The company shifted its financial reporting schedule to align with the executive’s anticipated return to his desk early next month.

Whirlpool Delays Quarterly Earnings Following CEO’s Cycling Accident

Management confirmed the earnings release and accompanying investor conference call are now slated for August 3, occurring after the close of regular market trading. The company maintained that the delay is strictly a scheduling adjustment while Bitzer recovers from his injuries. Bitzer is expected to resume his duties on the same day the revised financial report is published.

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