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.
Whirlpool Corporation (NYSE: WHR) announced the retirement of Executive Vice President and President of Whirlpool Asia, Sam Wu, effective April 1, 2022. Wu will continue as Vice-Chairman of Whirlpool China Co. Ltd. Jim Peters, currently CFO, will take over Wu's responsibilities in Asia. Wu, in his tenure since 2017, contributed to top-line growth and margin expansion while streamlining the company’s portfolio. Under his leadership, Whirlpool improved its brand presence in India and China. The announcement reflects strategic leadership changes aimed at continuing operational excellence.
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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.
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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.
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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.