Welcome to our dedicated page for Whirlpool news (Ticker: WHR), a resource for investors and traders seeking the latest updates and insights on Whirlpool stock.
Whirlpool Corporation (NYSE: WHR) is a home appliance company and the last-remaining major U.S.-based manufacturer of kitchen and laundry appliances. The WHR news stream features updates that reflect the company’s role in the home appliance industry, its manufacturing footprint, and its capital allocation decisions.
Investors following Whirlpool news can see quarterly earnings announcements, where the company reports net sales, margins, cash flow and segment performance for Major Domestic Appliances in North America, Latin America and Asia, as well as its Small Domestic Appliances Global segment. These releases often include commentary from senior leadership on demand trends, cost actions and the impact of tariffs and competitive dynamics.
The news flow also covers dividend declarations and related board actions, disclosed through press releases and Form 8-K filings. These items outline quarterly dividend amounts on Whirlpool’s common stock and provide insight into the company’s approach to shareholder returns.
Brand-focused announcements are another key part of Whirlpool’s news. Communications tied to KitchenAid highlight new product campaigns, expanded color collections and product lines such as the KitchenAid Go cordless system and redesigned major appliances. These stories illustrate how Whirlpool uses its brand portfolio, including Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul and InSinkErator, to introduce new designs and features.
Corporate and governance developments, such as appointments to the board of directors or changes in senior leadership roles, are reported through both press releases and SEC filings. For anyone tracking WHR, this news page provides a central view of earnings updates, dividend actions, manufacturing investments, brand initiatives and governance changes over time.
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Whirlpool Corporation has played a key role in Habitat for Humanity's Cost of Home campaign, advocating for affordable housing solutions across the U.S. This effort successfully secured over 200 policy wins since its launch in 2019, including significant funding for homeowners at risk of foreclosure due to COVID-19. An example is Mattie, a homeowner who benefited from the $9.96 billion Homeowner Assistance Fund. The campaign aims to assist 10 million individuals with basic housing needs. Recent achievements include funding allocations for housing programs in various states, and advocacy against predatory lending practices. Whirlpool continues to partner with local organizations to enhance affordable housing access.
Whirlpool Corporation (NYSE: WHR) reported its Q1 2023 financial results, revealing a GAAP net loss margin of (3.9)% and a loss per diluted share of $(3.27). This loss was primarily impacted by a non-cash charge related to the EMEA transaction and seasonal working capital changes. However, non-GAAP EBIT margin improved to 5.4%, showing a sequential increase of about 200 basis points, with earnings per diluted share at $2.66. The North America region demonstrated robust performance with EBIT margins rising to 10%, alongside market share gains. For the full year, Whirlpool revised its GAAP earnings per diluted share guidance to $13.00 - $15.00 while maintaining ongoing earnings guidance of $16.00 - $18.00. The company emphasized ongoing portfolio transformation and operational priorities to drive value long-term.
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Whirlpool Corporation (NYSE: WHR) declared a quarterly dividend of $1.75 per share on April 18, 2023. This dividend is payable to stockholders of record on May 19, 2023, with a payment date set for June 15, 2023. In 2022, Whirlpool reported approximately $20 billion in sales and employed 61,000 individuals. The company prioritizes innovation to cater to consumer needs through its well-known brands such as Whirlpool, KitchenAid, and Maytag. This dividend declaration reflects the company's commitment to returning value to shareholders amid its operational successes.
Whirlpool Corporation (NYSE: WHR) will announce its first-quarter financial results on April 24, 2023, at 4:05 p.m. ET. A conference call will follow on April 25, 2023, at 8 a.m. ET to discuss performance with investors. Interested participants can join by dialing 1 (888) 440-4038 for domestic callers or 1 (646) 960-0861 for international participants, with the conference ID 2610251. The call will also be available via a live webcast on the company's investor relations website. In 2022, Whirlpool reported approximately $20 billion in annual sales and operates with a workforce of 61,000 employees across 56 manufacturing and technology research centers.
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