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), a global leader in home appliance innovation, provides this centralized hub for official news and strategic updates. Investors and industry stakeholders will find timely access to earnings announcements, product launches, and operational developments shaping the company's trajectory in the domestic appliances sector.
This resource delivers curated updates on WHR's technological advancements, sustainability initiatives, and market expansions. Users can expect comprehensive coverage of quarterly financial results, leadership updates, manufacturing innovations, and partnerships that reinforce the company's industry leadership.
Key updates include detailed analyses of product line expansions, energy-efficient appliance developments, and strategic collaborations. The repository serves as an essential tool for tracking WHR's responses to evolving consumer demands and competitive dynamics in global markets.
Bookmark this page for direct access to Whirlpool's latest verified announcements. Regularly updated content ensures stakeholders maintain informed perspectives on the company's operational milestones and long-term value creation strategies.
Whirlpool Corporation (NYSE: WHR) reported strong Q1 2021 results, highlighting $5,358 million in net sales, up 23.9% from $4,325 million in 2020. GAAP net earnings surged to $433 million, or $6.81 per diluted share, representing an impressive 181.2% increase. The company experienced robust performance across regions, particularly in North America and Asia, driven by strong consumer demand. Whirlpool raised its full-year guidance, projecting net sales growth now at 13% and earnings per share between $23.10 and $24.10.
Whirlpool Corporation has announced a new $2 billion share repurchase program, complementing the existing $531 million unused portion from the previous program. Additionally, the quarterly dividend will increase from $1.25 to $1.40 per share, marking the ninth consecutive year of dividend growth. This decision reflects the company's strong cash generation capabilities and commitment to enhancing shareholder value. The dividend is set to be payable on June 15, 2021, to stockholders of record as of May 21, 2021.
Whirlpool Corporation (NYSE: WHR) will announce its first-quarter financial results on April 21, 2021, at 4:05 p.m. ET. A conference call to discuss these results will follow on April 22, 2021, at 8 a.m. ET. Participants can join the call by calling (866) 393-4306 or (734) 385-2616 for international callers. The call will also be available via live webcast on the company's website. Whirlpool reported approximately $19 billion in sales in 2020 and employs around 78,000 people globally.
Whirlpool Corporation (NYSE: WHR) will participate in the Raymond James 42nd Annual Institutional Investors Conference on March 2nd, 2021. The live presentation by Joseph Liotine, Executive Vice President & President of Whirlpool North America, will be available via webcast at 2:10 p.m. ET. Interested parties can access the webcast on the company's Investor Relations website or through the provided link. Archived materials will be available for 30 days. Whirlpool, a leading global appliance manufacturer, reported approximately $19 billion in sales and employs around 78,000 people.
Whirlpool Corporation's board of directors declared a quarterly dividend of $1.25 per share on February 16, 2021. The dividend is set to be paid on March 15, 2021, to stockholders on record as of February 26, 2021. Whirlpool, a leader in kitchen and laundry appliances, reported approximately $19 billion in annual sales and employs around 78,000 people. It operates 57 manufacturing and tech research centers globally.
Whirlpool Corporation, the leading kitchen and laundry appliance manufacturer, will showcase innovative products at the 2021 NAHB International Builders' Show (IBSx) from Feb. 9-12. Highlighting brands like Whirlpool, Maytag, KitchenAid, and JennAir, the company aims to address evolving consumer needs due to increased time spent at home. Featured products include a quiet dishwasher, a counter-depth refrigerator, a smart oven, and an advanced washing machine. The virtual booth will be accessible until March 31, 2021, allowing attendees to explore the latest appliance solutions.
Whirlpool Corporation (NYSE: WHR) reported strong Q4 2020 results, achieving net sales of $5,798M, a 7.7% increase from Q4 2019. GAAP net earnings rose 71.9% to $497M, with earnings per diluted share up 72.0% to $7.77. Despite a 4.7% decline in full-year net sales to $19,456M, ongoing earnings per diluted share increased by 15.9% to $18.55. The company's strong liquidity position, with cash reserves of $2.9 billion, supports future growth amid positive economic trends heading into 2021.
Whirlpool Corporation (NYSE: WHR) will announce its fourth-quarter financial results on January 27, 2021, at 4:05 p.m. ET. The company will host a conference call on January 28, 2021, at 8 a.m. ET to discuss these results with investors. Participants can join the call by dialing (866) 393-4306, and international participants should call (734) 385-2616. The call will also be available via a live webcast on the company's website. Whirlpool is a leading appliance company with around $20 billion in annual sales and numerous well-known brands globally.