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.
On October 15, 2021, Whirlpool Corporation announced the launch of its House + Home World Tour in partnership with Habitat for Humanity International. The initiative will provide over $6 million in funding and energy-efficient appliances to support home construction and repairs across several countries, including the U.S., Canada, Mexico, and the UK. Whirlpool is also sponsoring global housing forums and has committed to building more than 250 climate-resilient homes through its BuildBetter with Whirlpool initiative over the next three years.
Whirlpool Corporation (NYSE: WHR) will announce its third-quarter financial results on October 21, 2021, at 4:05 p.m. ET. Following this, a conference call will be held on October 22, 2021, at 8 a.m. ET to discuss performance with investors. Participants can join the call by dialing 1 (888) 440-4038 or 1 (646) 960-0861 for international calls. The conference will be webcast live on the company's website, where financial statistics and archived materials will be available for 30 days.
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Whirlpool Corporation has declared a quarterly dividend of $1.40 per share, payable on September 15, 2021. Stockholders of record as of August 27, 2021 will receive this dividend. In 2020, Whirlpool reported approximately $19 billion in sales and employs about 78,000 people across 57 manufacturing and technology research centers. The company aims to enhance consumers' lives through innovation in kitchen and laundry products.
Whirlpool Corporation (NYSE: WHR) reported Q2 2021 earnings, showcasing a significant performance boost due to strong consumer demand and successful pricing strategies. Net sales rose to $5.324 billion, a 31.7% increase from the previous year. GAAP earnings per diluted share surged to $9.15, a remarkable increase from $0.47. The company raised its full-year guidance, expecting ~16% sales growth and increasing earnings forecasts to ~$26.95 per share. Strong growth was observed in North America (21.6%), Europe (49.5%), and Latin America (75.8%), despite a slight decline in Asia.
Whirlpool Corporation (NYSE: WHR) announced the expansion of Habitat for Humanity's BuildBetter program, committing to construct over 250 climate-resilient, energy-efficient homes over three years. This initiative aims to enhance housing stability amidst increasing natural disasters and improve energy efficiency by 15%. Whirlpool's global corporate social responsibility approach, House + Home, supports these efforts, contributing nearly $130 million to Habitat for Humanity globally. The collaboration includes providing appliances for new homes and hosting global housing forums to address affordable housing challenges.
Whirlpool Corporation (NYSE: WHR) will release its second-quarter financial results on July 21, 2021, at 4:05 p.m. ET, followed by a conference call with investors on July 22, 2021, at 8 a.m. ET. Participants can dial in using (866) 393-4306 for domestic and (734) 385-2616 for international calls, using the confirmation code 'Whirlpool'. The call will be webcast live on their website, with key financial statistics and a recording available for 30 days. Whirlpool aims to be the best global kitchen and laundry company, reporting approximately $19 billion in annual sales in 2020.
Whirlpool Corporation announced an expanded collaboration with Google Cloud, migrating its critical SAP environment to the cloud. This strategic move enhances the reliability and efficiency of Whirlpool’s business operations, providing global access with low latency. The company aims to utilize Google Cloud's AI and analytics capabilities to advance digital transformation. With a commitment to sustainability, Whirlpool's cloud infrastructure will operate on renewable energy, aligning with its goal of achieving zero emissions by 2030.
Whirlpool Corporation (NYSE: WHR) announced a $15 million investment in its Tulsa, Oklahoma factory to enhance U.S. manufacturing and job creation. This initiative will add approximately 150 new jobs, contributing to a total of over 2,000 employees in the area. The investment, supported by an additional $1 million from Oklahoma's Business Expansion Investment Program, will focus on upgrading machinery, production capabilities, and infrastructure. Whirlpool's commitment underlines its dedication to the Tulsa community and strengthens its manufacturing footprint in the U.S.
Whirlpool Corporation (NYSE: WHR) announced the introduction of Google Assistant voice notifications, enhancing its voice-command capabilities. This feature will be available on select connected Maytag, Whirlpool, JennAir, and KitchenAid appliances, allowing users to receive proactive alerts about laundry and dryer cycles. The initiative aligns with Whirlpool's commitment to improving user experience. The updates will be accessible via a free firmware update through the Google Home App and will support multiple languages in various regions, including the U.S., Europe, Canada, and India.