Whirlpool Stock Price, News & Analysis

Whirlpool Corporation (NYSE: WHR) will present at the Raymond James 43rd Annual Institutional Investors Conference on March 9, 2022, at 10:25 a.m. ET, in Orlando, Florida. Jim Peters, CFO, will represent the company, and the presentation will be available for live streaming on the Investor Relations website. An archived recording will also be accessible for 30 days following the event. In 2021, Whirlpool reported approximately $22 billion in sales and operates with around 69,000 employees across 54 manufacturing and technology research centers.

Whirlpool Corporation's board has authorized an additional $2 billion for its share repurchase program, following a residual $1.5 billion remaining from previous authorizations. The company also increased its quarterly dividend by 25% to $1.75 per share, effective March 15, 2022, marking the tenth consecutive year of dividend growth. Chairman Marc Bitzer emphasized the company's confidence in its cash generation capabilities and commitment to long-term shareholder value.

Whirlpool Corporation is expanding its Builder Support Representative Program to assist builders facing challenges in a growing economy. This initiative provides single-family builders with direct access to Whirlpool representatives for on-site operational training and support. The program began in August 2019 and has expanded to 16 major builder markets across the West, Southeast, and Southwest. It aims to enhance relationships and resolve daily challenges effectively. In 2020, Whirlpool reported $19 billion in sales and employs 78,000 people worldwide.

Whirlpool Corporation, the leading kitchen and laundry appliance company, will showcase its latest innovations at the 2022 NAHB International Builders' Show from Feb. 8-10, 2022 in Orlando, Fla. The company emphasizes its commitment to meet the diverse needs of consumers through its brand portfolio, including Whirlpool, Maytag, KitchenAid, and JennAir.

Highlighted products include the 5.8 Cu. Ft. Gas 7-in-1 Air Fry Oven, Top Load Washer with 2-in-1 Removable Agitator, and a 30" Induction Cooktop.

Whirlpool Corporation (NYSE: WHR) reported strong financial results for Q4 and full-year 2021, with net sales rising to $21.985 billion, a 13% increase from 2020. GAAP net earnings also surged by 65.9% to $1.783 billion. Despite challenges, including inflation and supply constraints, the company managed a record Q4 sales, attributing success to cost-based price increases. Looking ahead, Whirlpool expects 5-6% sales growth in 2022 and plans to return approximately $1.5 billion in cash to shareholders.

Whirlpool Corporation (NYSE: WHR) is set to release its fourth-quarter financial results on January 26, 2022, at 4:05 p.m. ET. Following the release, the company will conduct a conference call for investors on January 27, 2022, at 8 a.m. ET. Participants can join via phone or access a live webcast on Whirlpool's website. The company aims to lead in the global kitchen and laundry market, emphasizing innovation and consumer needs. In 2020, Whirlpool reported approximately $19 billion in sales and employs around 78,000 people.