Whirlpool Stock Price, News & Analysis

Whirlpool Corporation (NYSE: WHR) will announce its second-quarter financial results on July 25, 2022, at 4:05 p.m. ET. A conference call for investors is scheduled for July 26, 2022, at 8 a.m. ET, accessible via phone and live webcast. The company reported approximately $22 billion in annual sales in 2021 and operates with a workforce of 69,000 across 54 manufacturing and technology research centers. More details and archived materials can be found on their website under the 'Investors' section.

Whirlpool Corporation has appointed Rob Byrd as the new General Manager of Builder Sales, effective immediately. With nearly 15 years at Whirlpool, Byrd aims to enhance support for builder and distributor customers nationwide. Previously, he served as Director of National Accounts Sales & Operations, gaining valuable experience across various roles, including product development and merchandising. Vice President Dave Cichocki expressed confidence in Byrd's leadership to drive improvements and support customer needs.

Whirlpool Corp. (NYSE: WHR) has expanded its partnership with Habitat for Humanity through the BuildBetter initiative, aiming to create affordable, climate-resilient housing for low-income families. This collaboration, spanning over 22 years and worth $120 million, focuses on building homes equipped with energy-efficient Whirlpool appliances. A study indicates these efforts have reduced annual energy costs by an average of 20%, significantly impacting families facing high energy expenses. Whirlpool's commitment aligns with its corporate responsibility program, House+Home, promoting sustainable community growth.

Whirlpool Corporation, a leader in kitchen and laundry appliances, will showcase its latest innovations at the Pacific Coast Builders' Conference (PCBC) on June 22-23, 2022, in San Francisco. The company emphasizes its commitment to meet evolving consumer needs with diverse offerings from brands like Whirlpool, Maytag, KitchenAid, and JennAir. Featured products include the ENERGY STAR certified KitchenAid refrigerator and a 5-in-1 Air Fry Oven. Whirlpool aims to provide builders and designers with high-quality appliances that align with modern trends and consumer preferences.

Whirlpool Corp. (NYSE: WHR) has launched WoW Studios, a new brand experience organization aimed at transforming the consumer journey in home appliances. Located in Chicago, WoW Studios will leverage over 111 years of expertise to enhance consumer experiences across brands like Whirlpool, KitchenAid, and Maytag. The initiative focuses on delivering innovative marketing and direct-to-consumer capabilities. In 2021, Whirlpool reported approximately $22 billion in sales, underscoring its commitment to improving life at home through purposeful innovation.

Whirlpool Corp. (NYSE: WHR) partnered with Habitat for Humanity International on a study showing that low-income households can save an average of 20% on their annual energy costs by using energy-efficient appliances. Between 2018 and 2020, donated Whirlpool appliances saved about 5.4 million kWh, equating to $624,000 in total electric bill savings. Whirlpool has donated over 100,000 energy-efficient appliances and committed $130 million to Habitat's initiatives over their 23-year partnership, recently expanding support for housing rehabilitation and climate-resilient construction.

Whirlpool Corporation reported its first quarter 2022 financial results, showing a GAAP net earnings margin of 6.4% and ongoing earnings per diluted share of $5.33. Despite strong consumer demand and a robust North America performance, net sales decreased by 8.2% year-over-year to $4.92 billion. The company revised its full-year 2022 guidance for earnings per diluted share to between $24.00 and $26.00. Increased share repurchase authorization by $2 billion also indicates confidence in its strategy. The strategic review of EMEA operations aims to enhance focus on high-growth areas.

Whirlpool Corporation's board of directors has declared a quarterly dividend of $1.75 per share on its common stock, which is scheduled for payment on June 15, 2022. Stockholders who are on record by the close of business on May 20, 2022 will receive this dividend. The company reported approximately $22 billion in annual sales for 2021 and employs around 69,000 individuals, showcasing its strong market presence.

Whirlpool Corporation (NYSE: WHR) will announce its first-quarter financial results on April 25, 2022, at 4:05 p.m. ET. A conference call to discuss the results will take place on April 26, 2022, at 8 a.m. ET, with participation details provided. The call will also be accessible through a live webcast on the company's website. Whirlpool reported approximately $22 billion in annual sales in 2021, employing around 69,000 individuals across 54 manufacturing and technology research centers.