Whirlpool Corporation (WHR) - NYSE
  • Tue, Feb. 16, 10:59 AM
    • Whirlpool (NYSE:WHR) declares $0.90/share quarterly dividend, in line with previous.
    • Forward yield 2.73%
    • Payable March 15; for shareholders of record Feb. 26; ex-div Feb. 24.
    | Tue, Feb. 16, 10:59 AM
  • Thu, Feb. 4, 7:46 AM
    • Goldman Sachs upgrades Whirlpool (NYSE:WHR) to an Outperform rating after having shares locked in at Neutral.
    • Whirlpool boosted operating profit last quarter, despite a challenging F/X background.
    • WHR +1.58% premarket to $137.22.
    | Thu, Feb. 4, 7:46 AM
  • Fri, Jan. 29, 6:19 AM
    • Whirlpool (NYSE:WHR) reports sales rose 4% if the impact of the currency swings is backed out in Q4.
    • North America net sales improved 3.6% to $2.9B (+6% excluding the currency impact).
    • Europe, Middle East and Africa net sales dropped 11.8% to $1.5B (+8% excluding the currency impact).
    • Whirlpool Latin America net sales fell 38.5% to $0.8B (-8% excluding the currency impact).
    • Whirlpool Asia net sales expanded 10.6% to $312M (+15% excluding the currency impact).
    • Gross margin rate increased 90 bps to 18%.
    • Adjusted operating margin rate grew 80 bps to 8.4%.
    • FY2016 Guidance: Diluted EPS: $11.25 to $12;  Adjusted EPS: $14 to $14.75; Free cash flow: $700M to $800M; Capital expenditure: $700M to $750M.
    • Unit shipment growth in FY2016: North America: +5%; EMEA: Flat to +2%; Latin America: -10%; Asia: Flat Y/Y.
    | Fri, Jan. 29, 6:19 AM
  • Fri, Jan. 29, 6:02 AM
    • Whirlpool (NYSE:WHR): Q4 EPS of $4.10 beats by $0.19.
    • Revenue of $5.56B (-7.3% Y/Y) misses by $180M.
    | Fri, Jan. 29, 6:02 AM
  • Thu, Jan. 28, 5:30 PM
  • Dec. 16, 2015, 11:07 AM
    • Whirlpool (WHR +3.2%) announces it filed an antidumping petition with the Department of Commerce.
    • The complaint is aimed at the practices of Samsung and LG.
    • "Our ability to innovate, invest and continue to manufacture here in the U.S. is undermined when foreign competitors willfully defy U.S. government rulings," reads a company statement.
    | Dec. 16, 2015, 11:07 AM
  • Nov. 30, 2015, 9:03 AM
    • Sears Hometown and Outlet Stores (NASDAQ:SHOS) continues to transition stores to a higher percentage of floor space dedicated to appliances and home designs.
    • The company's "America Appliance Experts" initiative is now at 180 Sears Hometown stores in the U.S.
    • Brands owned by Whirpool (NYSE:WHR) could benefit from the increased push by Sears to sell appliances.
    | Nov. 30, 2015, 9:03 AM | 2 Comments
  • Nov. 5, 2015, 11:09 AM
    • The Department of Justice is pressuring Electrolux (OTCPK:ELUXY) to divest its entire U.S. business, according to Bloomberg.
    • The Swedish company plans to go to court in defense of the effort to buy GE's (GE -0.6%) appliances business. A lawyer for Electrolux says settlement talks with the DOJ have ended.
    • Electrolux ADRs are down 2.5%, while home appliance giant Whirlpool (NYSE:WHR) is down 2.2%.
    | Nov. 5, 2015, 11:09 AM | 11 Comments
  • Oct. 26, 2015, 12:45 PM
    • Whirlpool (WHR +3.6%) trades higher after Raymond James notes the company's exposure to emerging markets is declining. The shift in sales mix could help margins.
    • Whirlpool's sales increased 25% in Q3 before F/X whacked off a full 16 percentage points.
    • The investment firm has shares of Whirlpool rated at Strong Buy with a $201 price target. Whirlpool hasn't traded over $200 since early last April.
    | Oct. 26, 2015, 12:45 PM | 1 Comment
  • Oct. 23, 2015, 6:25 AM
    • Whirlpool (NYSE:WHR) reports sales rose ~25% if the impact of the currency swings is backed out in Q3.
    • North America net sales were flat Y/Y at $2.8B (+3% excluding the currency impact).
    • Europe, Middle East and Africa net sales increased 85% to $1.5B (+127% excluding the currency impact).
    • Whirlpool Latin America net sales declined 27.3% to $0.8B (-7% excluding the currency impact).
    • Whirlpool Asia net sales grew 120% to $346M (+127% excluding the currency impact).
    • Gross margin rate improved 50 bps to 17.6%.
    • Operating margin rate decreased 70 bps to 6.2%.
    • FY2015 Guidance: Diluted EPS: $9.75 to $10.25;  Adjusted EPS: $12 to $12.50; Free cash flow: ~$600M to $700M; Capital expenditure: ~$700M to $750M.
    • Unit shipment growth in FY2015: North America: ~5%; EMEA: Flat to +2%; Latin America: ~-20%; Asia: ~-2%.
    | Oct. 23, 2015, 6:25 AM
  • Oct. 23, 2015, 6:02 AM
    • Whirlpool (NYSE:WHR): Q3 EPS of $3.45 beats by $0.16.
    • Revenue of $5.28B (+9.5% Y/Y) misses by $130M.
    • Shares +1.71% PM.
    | Oct. 23, 2015, 6:02 AM
  • Oct. 22, 2015, 5:30 PM
    | Oct. 22, 2015, 5:30 PM | 14 Comments
  • Oct. 21, 2015, 8:35 AM
    • Whirlpool (NYSE:WHR) names long-time exec Marc Bitzer as Chief Operating Officer and adds the exec to the board of directors.
    • Bitzer will have responsibility for all of the company's global operations.
    | Oct. 21, 2015, 8:35 AM
  • Oct. 21, 2015, 6:11 AM
    • Whirlpool (NYSE:WHR) declares $0.90/share quarterly dividend, in line with previous.
    • Forward yield 2.31%
    • Payable Dec. 15; for shareholders of record Nov. 20; ex-div Nov. 18.
    | Oct. 21, 2015, 6:11 AM
  • Oct. 13, 2015, 10:54 AM
    • ICSC forecasts holiday retail sales will increase 3.3%. The mark is lower than the estimates from the NRF (+3.7%) and FTI Consulting (+3.9%).
    • The research firm sees the furniture/home furnishings category (BSET, PIR, WSM, ETH, KIRK, HOFT, RH, KIRK) leading the way with sales growth of 4.9%.
    • The estimates for the electronics and appliance stores category (BBY, CONN, HGG, WHR) is on the sluggish end with an 1.1% gain seen.
    • The average yearly gain in holiday retail sales over the last ten years is +1.8%.
    | Oct. 13, 2015, 10:54 AM
  • Sep. 11, 2015, 2:08 PM
    | Sep. 11, 2015, 2:08 PM
Company Description
Whirlpool Corp. manufactures and markets home appliances. Its principal products include home laundry appliances, home refrigerators and freezers, home cooking appliances, home dishwashers, and room air-conditioning equipment, mixers, and other portable household appliances. The company markets... More
Industry: Appliances
Country: United States