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, 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.
Whirlpool Corporation (NYSE: WHR) announced that Chairman and CEO Marc Bitzer will join OneTen, a coalition aimed at training, hiring, and advancing one million Black Americans in sustainable jobs over 10 years. This initiative aligns with Whirlpool's commitment to workplace inclusivity and diversity. The company has previously launched a multi-year action plan to support Black colleagues and established Employee Resource Groups to enhance employee engagement. Whirlpool has received accolades for its diversity efforts, scoring a perfect 100 on the Corporate Equality Index in 2020.
Whirlpool Corporation's recent research reveals significant shifts in household dynamics due to the COVID-19 pandemic. Over half of U.S. adults are spending an extra 7.4 hours at home daily, fostering joint cooking and increased household chores. The study, conducted with YouGov, indicates that 24% feel closer to family, with 16% adopting new hobbies, notably cooking and gardening. While 54% hope for normalcy, 28% wish to maintain positive changes. Whirlpool aims to support these trends by launching the "Improving Life At Home" online hub for expert advice.
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Whirlpool brand has achieved top rankings in the J.D. Power 2020 Laundry Appliances Satisfaction Study, receiving recognition for its front-load washing machines in four key categories: Ease of use, Performance and Reliability, Warranty, and Price. Over 2,000 customer evaluations from washing machine purchasers contributed to this study conducted between January and March 2020. The brand's commitment to delivering reliable and efficient appliances has been acknowledged by J.D. Power, highlighting Whirlpool's dedication to consumer satisfaction.
Whirlpool Corporation, a leader in kitchen and laundry appliances, has launched a new liquid laundry detergent named Swash™. This innovative product features the Precision Pour Cap that dispenses the correct amount of detergent, addressing common consumer misconceptions about detergent use. Swash is ultra-concentrated, offering up to 83 loads with a single bottle, which is eight times more concentrated than regular detergents. Available on Amazon starting at $15.99, Swash also comes in various scents, including Pure Linen, Free & Clear, and Simply Sunrise.