Ralph Hake
Ralph Hake
favorable growth improved major mix operating quarter reflected sales strong
Our sales growth in the quarter reflected the Amana acquisition and strong sales of higher-margin major appliances, ... That favorable sales mix improved operating income.
acceptable barrier cost financial fixed performance remains structure
Our fixed cost structure remains a barrier to acceptable financial performance,
additional believe close completion confident rapidly review sufficient time
We believe this additional time will be sufficient for the review to be completed, and we are confident that the acquisition will close rapidly upon completion of the review.
cash competitor deal generate intend possible tough until value
We are responsible to generate as much cash and shareholder value as possible in the interim, ... We intend to be a tough competitor until the deal closes.
affect extremely host rivalry tremendous
There is a host of new entries, ... Each one has tremendous capacity, and the rivalry is extremely intense. That will affect the government's judgment.
burden care carry exploring floor including longer options product sale strategic
We can no longer carry the burden of this underperforming product line. So we're now exploring other strategic options including the sale of our floor care business.