Key TakeawaysWhirlpool's North American sales dropped, and the home appliance maker's fourth-quarter results and guidance came up short of forecasts.The company swung to a loss because of a Maytag brand impairment charge.Whirlpool also announced it was cutting its stake in its Indian subsidiary. Shares of Whirlpool (WHR) tumbled nearly 17% Thursday as the maker of home appliances posted worse-than-expected results and gave weak guidance as North American sales slumped. The company also said it was slashing ...

2024 Earnings Review and 2025 Guidance Thursday, January 30, 2025 Cautionary Statement This document contains forward-looking statements about Whirlpool Corporation and its consolidated subsidiaries ("Whirlpool") that speak only as of this date. Whirlpool disclaims any obligation to update these statements. Forward-looking statements in this document may include, but are not limited to, statements regarding future financial results, long-term value creation goals, restructuring expectations, productivity, r ...

Whirlpool (WHR) reported $4.14 billion in revenue for the quarter ended December 2024, representing a year-over-year decline of 18.7%. EPS of $4.57 for the same period compares to $3.85 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $4.27 billion, representing a surprise of -3.24%. The company delivered an EPS surprise of +4.10%, with the consensus EPS estimate being $4.39.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stree ...

Whirlpool (WHR) came out with quarterly earnings of $4.57 per share, beating the Zacks Consensus Estimate of $4.39 per share. This compares to earnings of $3.85 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.10%. A quarter ago, it was expected that this maker of Maytag, KitchenAid and other appliances would post earnings of $2.99 per share when it actually produced earnings of $3.43, delivering a surprise of 14.72%.Over the ...

Whirlpool Corporation WHR stock is trading lower after the company reported fourth-quarter financial results and issued 2025 guidance after market close Wednesday.What Happened: Whirlpool reported fourth-quarter net sales of $4.14 billion, down 18.7% year-over-year. The revenue total missed a Street consensus estimate of $4.23 billion, according to data from Benzinga Pro.The company said the net sales decline was the result of the Europe divestiture with organic net sales up 1.9% year-over-year.Whirlpool's ...

Whirlpool Announces Fourth-Quarter and Full-Year Results; Provides 2025 Guidance BENTON HARBOR, Mich., January 29, 2025 - Whirlpool Corporation (NYSE: WHR), today reported fourth-quarter and full-year 2024 financial results. "In 2024, we continued to make progress in our operations and delivered on our cost take out commitment of $300 million while achieving the closure of the Europe transaction, supporting our ongoing portfolio transformation," said Marc Bitzer. "In 2025, we expect to deliver more than $20 ...

-- Fourth-quarter net sales decline of (18.7)% due to the Europe divestiture; organic net sales(1) growth of 1.9% driven by strong small domestic appliances and international businesses -- Delivered approximately $300 million of net cost take out in 2024, as expected -- Q4 GAAP net earnings margin (loss) of (9.5)%; GAAP earnings (loss) per diluted share of $(7.10) driven by the non-cash impact of Maytag brand impairment, GAAP tax rate of (44)% -- Q4 Ongoing (non-GAAP) EBIT margin(2) of 6.0%; ongoing earning ...

Whirlpool will unveil its latest innovations that help simplify everyday tasks and streamline day-to-day responsibilities BENTON HARBOR, Mich., Jan. 28, 2025 /PRNewswire/ -- Join Whirlpool brand this year at the 2025 Kitchen and Bath Industry Show (KBIS) as it demonstrates how real-life family challenges inspire the design and technology behind its appliances through creative installations and interactive exhibits. This year's booth will also unveil its latest innovations, including fresh laundry technology ...

The brand is set to captivate all five senses in its experiential section of the Whirlpool Corporation boothBENTON HARBOR, Mich., Jan. 23, 2025 /PRNewswire/ -- Maytag is set to bring its hardworking appliance portfolio to life at the 2025 Kitchen and Bath Industry Show (KBIS) with an immersive, sensory experience that highlights the brand's commitment to innovation, performance and durability. Maytag knows hardworking homes demand hardworking appliances that outwork, outlast and outpower the rest—and this y ...

Whirlpool Corporation (WHR) is slated to release fourth-quarter 2024 results on Jan. 29, after the closing bell. The household appliance company’s bottom line is expected to have increased year over year.For fourth-quarter revenues, the Zacks Consensus Estimate is pegged at $4.3 billion, indicating a 16% decrease from the prior-year quarter’s reported figure. The consensus estimate for quarterly earnings has moved up 0.9% in the past seven days to $4.39 per share. The consensus mark for earnings indicates a ...