Whirlpool (WHR)

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JENNAIR® INTRODUCES NEW LUXE APPLIANCE INNOVATIONS ACROSS REFRIGERATION, WINE COLUMNS, INDUCTION RANGE, AND WALL OVENS
Prnewswire· 2025-05-28 13:00
Core Insights - JennAir showcased its commitment to innovation and luxury at KBIS 2025 with a multisensory installation and new product offerings [1][2] - The brand's partnership with Nature Squared introduces unique designs using reclaimed natural materials, enhancing the aesthetic appeal of kitchen appliances [2][3] Product Offerings - **Nature Squared Panels**: The Elements Collection features ten panel designs inlaid with reclaimed egg and seashells, starting at a price of $12,000 [3] - **Wine Columns**: JennAir's first Wine Columns offer a luxury preservation experience with features like an Obsidian black interior and vibration-reducing design, priced at $7,499 and $7,899 for different models [4][7] - **Induction Professional-Style Ranges**: New ranges are available in RISE™ and NOIR™ design expressions, featuring advanced cooking technology and customizable options, with prices ranging from $8,099 to $15,299 [5][13] - **SlimTech™ Insulation Technology**: A new Column Refrigerator utilizes SlimTech™ Insulation, offering a sleek design and customizable panel options, priced at $8,599 [8] - **Wall Ovens**: The reimagined Wall Ovens include a MultiMode® True Convection system and an upgraded LCD display, enhancing user experience [9] Brand Philosophy - JennAir aims to redefine luxury kitchen appliances by combining performance with artistry, pushing the boundaries of traditional design [2][11] - The brand's history of innovation is highlighted by its founder's legacy of transforming kitchen concepts, continuing to challenge norms in the luxury appliance market [11] Company Background - JennAir is part of Whirlpool Corporation, a leading home appliance manufacturer with approximately $17 billion in annual sales and a strong presence in the Americas [12]
WHIRLPOOL BRAND LAUNCHES SPIN&LOAD DISHWASHER RACK, THE MOST INCLUSIVE LOWER-LEVEL DISHWASHER RACK DESIGN ON THE MARKET
Prnewswire· 2025-05-27 13:00
Core Insights - Whirlpool brand has launched the Spin&Load Rack, a lower-level dishwasher rack designed for inclusivity, allowing easier access for individuals with disabilities [1][2][3] - The product was developed in collaboration with the United Spinal Association and Whirlpool's employee resource group, AVID, emphasizing the importance of including voices from the disability community throughout the design process [3][4] - Spin&Load Rack is compatible with all 24" Whirlpool Corporation dishwashers manufactured after 2018 and will be available for purchase in June 2025 for $149.99 [5][6] Product Features - The Spin&Load Rack features a 360-degree spinning design, enhancing accessibility and reducing the need for users to reach or reposition themselves while loading and unloading dishes [2][4] - The product includes simplified packaging for easy unboxing, designed to be opened with one hand [2][4] Market Position - Whirlpool Corporation is positioned as a leading home appliance company, with a focus on human-centered innovation and inclusivity in product design [7] - In 2024, the company reported approximately $17 billion in annual sales, with a significant portion generated in the Americas [7]
3 American Companies Investors Need to Know Amid Trump's Tariff Wars
The Motley Fool· 2025-05-21 22:32
Group 1: Freeport-McMoran - Freeport-McMoran dominates the domestic copper market, providing 70% of the U.S. refined copper production, while the U.S. imports 45% of its refined copper consumption [2][5] - The U.S. Chamber of Commerce supports including copper as a critical metal eligible for tax credits, advocating for increased domestic minerals and metals production [3] - Freeport-McMoran is well-positioned to meet domestic demand with potential projects in Arizona and initiatives to extract copper from existing stockpiles [4] - The threat of tariffs on copper imports has led to a 13% premium for U.S. copper, potentially resulting in an $800 million financial benefit for Freeport if maintained [5][7] Group 2: Whirlpool - Whirlpool faces challenges due to high interest rates affecting the housing market, which in turn impacts discretionary appliance purchases [8][9] - The company has $4.8 billion in long-term debt, and its forecast for free cash flow is uncertain, raising questions about the sustainability of its $380 million dividend [9] - Management believes that closing loopholes allowing Asian competitors to avoid tariffs could significantly improve Whirlpool's competitive position, potentially resulting in a $70 cost disadvantage per product [10][11] Group 3: Cheniere Energy - Cheniere Energy benefits from the resumption of LNG export approvals under the current administration, contrasting with the previous pause [13] - The company is the largest LNG producer in the U.S., owning significant stakes in major LNG terminals and continuing to invest in capacity expansion [14][15] - The business model focuses on purchasing natural gas domestically and processing it into LNG for global export, aligning with the administration's push for increased LNG exports [15] Group 4: Overall Market Impact - The current administration's tariff policies aim to enhance the competitive positioning of U.S. companies, with a focus on copper, appliance manufacturing, and LNG exports [16]
Whirlpool (WHR) FY Conference Transcript
2025-05-20 19:00
Summary of Whirlpool Corporation FY Conference Call (May 20, 2025) Company Overview - **Company**: Whirlpool Corporation (WHR) - **Industry**: Home Appliances Key Points Demand Trends and Guidance - The company reiterated its 2025 guidance, expecting flat North American shipment growth, consistent with industry trends observed year-to-date [3][4] - The industry remains heavily focused on replacement sales, with no significant catalysts expected to drive growth [4][6] - The company anticipates potential volume growth in the latter half of the year due to favorable tariff and trade conditions, as it produces 80% of its products domestically [5][18] Consumer Sentiment and Market Dynamics - Consumer sentiment is currently low, impacting discretionary purchases, but the majority of consumers are driven by necessity to replace broken appliances [9][10] - The housing market's sluggishness, particularly in existing home sales, continues to constrain the discretionary segment of the appliance market [6][7] Tariff Impact - Recent tariff adjustments, particularly the reduction of China tariffs from 45% to 30%, are expected to lower cost impacts for Whirlpool, potentially allowing for margin improvements [12][15] - The company is positioned to gain market share as competitors face higher costs due to tariffs on imported products [18][19] Competitive Landscape - Whirlpool's market share has remained relatively flat, but the company expects to gain share in the latter half of the year through new product launches [17][19] - The competitive environment has seen increased promotional spending, but Whirlpool has been cautious, focusing on maintaining pricing discipline [19][20] Margin Outlook - Current guidance for North American margins is at 7.5%, with a long-term goal of 11-12% by 2026 [23][24] - The company aims to improve margins through cost reduction initiatives, disciplined promotional strategies, and increased market share [25][26] Marketing and Technology Investments - Marketing and technology spending has been a headwind for margins, but the company is nearing stabilization in these costs [29][30] - Investments in brand health and direct-to-consumer platforms are expected to yield long-term benefits [30][31] Debt Management - Whirlpool plans to reduce its debt levels significantly, targeting a mid-three times leverage ratio by the end of the year [32][33] - The company is on track to pay down $700 million in debt this year, aided by proceeds from the sale of its India business [33][35] Future Opportunities - The company is focusing on a comprehensive refresh of its KitchenAid product line, which is expected to enhance its competitive position in the premium segment [39][40] - Whirlpool aims to capture market share across all price points, leveraging its domestic production advantage in the current tariff environment [38][39] Additional Insights - The company is actively evaluating various transaction forms for the sale of its India business, which is expected to be completed within the year [33][35] - The overall promotional landscape is anticipated to evolve as the market adjusts to the tariff environment and consumer behavior changes [20][21]
United States Wine Cooler Market Forecast Report and Company Analysis 2025-2033 Featuring Whirlpool, Danby, Frigidaire, Haier, NewAir, Kalamera, Robert Bosch, EdgeStar, Avanti Products, and Vinotemp
GlobeNewswire News Room· 2025-05-15 14:08
Dublin, May 15, 2025 (GLOBE NEWSWIRE) -- The "United States Wine Cooler Market Size and Share Analysis - Growth Trends and Forecast Report 2025-2033" report has been added to ResearchAndMarkets.com's offering.The United States wine cooler market size was around USD 332 million in 2024 and is expected to grow to around USD 522.3 million by 2033, with a compound annual growth rate (CAGR) of 5.17% during the period from 2025 to 2033 The growth is fueled by rising wine consumption in American homes, prompting ...
Whirlpool Corporation to Present at J.P. Morgan 18th Annual Homebuilding & Building Products Conference
Prnewswire· 2025-05-13 20:05
Company Participation - Whirlpool Corporation will participate in the J.P. Morgan 18th Annual Homebuilding & Building Products Conference on May 20th at 2:00 p.m. ET [1] - Jim Peters, Executive Vice President and Chief Financial and Administrative Officer, will be presenting for Whirlpool Corporation [1] Investor Engagement - The company invites investors and the general public to view the webcast of the fireside chat, available on the events & presentations page of the Company's Investor Relations website [2] - An archived recording of the event will be accessible for at least 30 days on the company's website [2] Company Overview - Whirlpool Corporation is a leading home appliance company, focusing on improving life at home [3] - It is the last major U.S.-based manufacturer of kitchen and laundry appliances, with a strong emphasis on innovation [3] - In 2024, the company reported approximately $17 billion in annual sales, with nearly 90% of sales generated in the Americas [3] - The company employs 44,000 individuals and operates 40 manufacturing and technology research centers [3]
Whirlpool: Why We Believe The Stock Is A Buy After The Q1 Results
Seeking Alpha· 2025-05-12 13:57
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Past performance is not an indicator of future performance. This post is illustrative and educational ...
Meet the 9.1%-Yielding Dividend Stock That's a Potential Winner From President Trump's Tariffs
The Motley Fool· 2025-05-07 07:55
During Whirlpool's (WHR -0.44%) first-quarter earnings call in late April, CEO Marc Bitzer said he believes his company will be a "net winner of a new tariff policy." He has a strong case for thinking so, and it looks likely the appliance maker has real potential to see better days ahead. That said, is the stock worth buying now? And how sustainable is its dividend, which at the current share price yields a hefty 9.2%? Near-term headwinds, longer-term tailwinds Matters could get worse for Whirlpool before t ...
Better Dividend Stock: Whirlpool vs. UPS
The Motley Fool· 2025-05-05 08:31
The 6.8% dividend yield of UPS (UPS 1.80%) stock and the 9.1% dividend yield of Whirlpool (WHR 2.87%) stock are obviously attractive for passive income-seeking investors. However, there's no such thing as a free lunch, and their yields reflect some doubt in the marketplace around the sustainability of their dividends. That said, which stock is better, and what risks do you need to know about before buying the stock?Whirlpool stock analysis (9.1% dividend yield)Both Whirlpool's and UPS' shares are down heavi ...
Whirlpool Foundation and The Washing Machine Project Win Best Employee Engagement Initiative at the 2025 Engage for Good Halo Awards
Prnewswire· 2025-04-29 12:00
Core Insights - Whirlpool Foundation and The Washing Machine Project received the gold award for Best Employee Engagement Initiative at the 2025 Engage for Good Halo Awards [1][2][6] - The initiative involved Whirlpool employees assembling manual washing machines and participating in "Washout" experiences to understand the challenges of handwashing clothes [3][4][5] Company Overview - Whirlpool Corporation is a leading home appliance manufacturer, reporting approximately $17 billion in annual sales in 2024, with nearly 90% of sales in the Americas [7] - The company employs around 44,000 individuals and operates 40 manufacturing and technology research centers [7] Initiative Details - The employee engagement program aimed to raise awareness about the global washing divide, where 60% of the world's population relies on handwashing due to lack of access to reliable electricity and water [4] - In 2024, over 300 Whirlpool employees assembled 375 manual washing machines for distribution to underserved communities in India, Mexico, Republic of Congo, and Ghana [5][6] Impact and Recognition - The program is designed to alleviate the burden of handwashing clothes, particularly impacting women and girls in underserved communities [4][6] - The Halo Awards recognize outstanding corporate and nonprofit partnerships, with Whirlpool's initiative being highlighted among other notable nominees [6]