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Whirlpool Corp (WHR.N)

WHR.N on New York Stock Exchange

120.92USD
12:15pm EST
Change (% chg)

$2.15 (+1.81%)
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$118.77
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Volume
47,140
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270,538
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$187.38
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$102.19

Latest Key Developments (Source: Significant Developments)

KB Home Continues Strategic Collaboration With Whirlpool Corp
Thursday, 1 Nov 2018 08:05am EDT 

Nov 1 (Reuters) - Whirlpool Corp ::KB HOME CONTINUES EXCLUSIVE, STRATEGIC COLLABORATION WITH WHIRLPOOL CORPORATION.WHIRLPOOL - EXTENSION OF EXCLUSIVE APPLIANCE COLLABORATION WITH KB HOME FOR NEXT THREE YEARS.  Full Article

Whirlpool Corp Expands Oklahoma Ops With Construction Of New Factory Distribution Center
Tuesday, 30 Oct 2018 11:45am EDT 

Oct 30 (Reuters) - Whirlpool Corp ::WHIRLPOOL CORPORATION EXPANDING OKLAHOMA OPERATIONS WITH CONSTRUCTION OF NEW FACTORY DISTRIBUTION CENTER.$55 MILLION CAPITAL INVESTMENT IN FDC WILL ALLOW WHIRLPOOL CORPORATION TO EXPAND MANUFACTURING AND DISTRIBUTION AT ITS TULSA PLANT.CONSTRUCTION OF NEW, 798,000 SQUARE-FOOT FACILITY IS EXPECTED TO BEGIN IN MID-NOVEMBER 2018, WITH TARGETED COMPLETION DATE OF DEC 2019.  Full Article

Electrolux CEO says new price increases planned for January
Friday, 26 Oct 2018 03:59am EDT 

Oct 26 (Reuters) - Electrolux AB ::ELECTROLUX CEO SAYS HAS ANNOUNCED FUTURE PRICE INCREASES TO OFFSET COST INCREASES LIKE U.S. RIVAL WHIRLPOOL, SAYS SEES NO MAJOR DIFFERENCE IN STRATEGIES.ELECTROLUX CEO SAYS IN MOST OF COMPANY'S MARKETS DOESN'T SEE ANY DOWNTURN, SEES DEMAND CUTS AS SHORT-TERM.ELECTROLUX CEO SAYS NOW MORE PROACTIVE IN OUR PRICING ACTIONS TO OFFSET COST INCREASES, NEW PRODUCT PRICE INCREASES PLANNED MAINLY FOR JANUARY.ELECTROLUX CEO SAYS RAW MATERIAL COST INFLATIONS RELATED TO HIGHER STEEL, PLASTIC AND CHEMICAL COSTS AND TARIFFS ON SUBSTANTIAL IMPORTS FROM CHINA.  Full Article

Whirlpool Expects Price Increases To Offset Cost Inflation In 2019 - Conf Call
Thursday, 25 Oct 2018 08:58am EDT 

Oct 25 (Reuters) - Whirlpool Corp ::WHIRLPOOL SAYS EXPECT TO DELIVER CONTINUED STRONG RESULTS IN NORTH AMERICA AS PRICING ACTIONS ARE EXPECTED TO OFFSET CONTINUED COST PRESSURES IN 2019 - CONF CALL.WHIRLPOOL SAYS EXITING A NUMBER OF LOSS MAKING BUSINESSES IN EMEA, INCLUDING TURKEY DOMESTIC SALES OPERATIONS - CONF CALL.WHIRLPOOL SAYS EVALUATING ITS SOUTH AFRICA OPERATIONS FOR A POTENTIAL SALE AS CO REFOCUS ON ITS CORE EUROPEAN BUSINESS - CONF CALL.WHIRLPOOL SAYS WILL ALSO EXIT CO'S HOTPOINT-BRANDED SMALL APPLIANCE BUSINESS IN EMEA - CONF CALL.WHIRLPOOL SAYS EXITING TURKEY DOMESTIC SALES BUSINESS, HOTPOINT SMALL APPLIANCES BUSINESS AND SOUTH AFRICA OPERATIONS WOULD REPRESENT $230 MILLION IN REVENUE AND A EBIT LOSS OF $60 MILLION FOR 2018.WHIRLPOOL SAYS ANNOUNCED A NEW $50 MILLION FIXED COST REDUCTION INITIATIVE FOR EMEA, WHICH IS EXPECTED TO DELIVER BENEFITS IN 2019.WHIRLPOOL SAYS SEEING A SCENARIO WHERE SLOWDOWN OF HOME PRICE APPRECIATION AND A SLIGHT INCREASE IN INVENTORY WILL MEET STRONG DEMAND FUNDAMENTALS.WHIRLPOOL EXPECTS CONTINUED RECOVERY IN THE HOUSING MARKET WHILE PERHAPS AT A SLOWER PACE, WHICH WOULD HELP ENSURE CONTINUED HEALTHY DEMAND FOR NEW APPLIANCES.WHIRLPOOL EXPECTS 2019 RAW MATERIAL AND TARIFF INFLATION OF APPROXIMATELY $300 MILLION, SIMILAR TO WHAT CO FACED IN 2018.WHIRLPOOL SAYS EXPECT COST-BASED PRICE INCREASES TO FULLY OFFSET COST INFLATION IN 2019.WHIRLPOOL SAYS CONTINUED COST DISCIPLINE AND FOCUS COST TAKEOUT WILL ENABLE CO TO EXPAND MARGINS IN 2019.  Full Article

Whirlpool Reports Q3 Non-GAAP EPS $4.55 From Continuing Operations
Wednesday, 24 Oct 2018 04:10pm EDT 

Oct 24 (Reuters) - Whirlpool Corp ::WHIRLPOOL CORPORATION REPORTS THIRD-QUARTER 2018 RESULTS.Q3 NON-GAAP EARNINGS PER SHARE $4.55 FROM CONTINUING OPERATIONS.Q3 GAAP EARNINGS PER SHARE $3.22.Q3 EARNINGS PER SHARE VIEW $3.76 -- THOMSON REUTERS I/B/E/S.Q3 SALES $5.3 BILLION VERSUS I/B/E/S VIEW $5.34 BILLION.NOW EXPECTS TO DELIVER FULL-YEAR EARNINGS PER SHARE OF $14.50 TO $14.80 ON AN ONGOING BASIS.NOW EXPECTS TO DELIVER FULL-YEAR OPERATING CASH FLOW OF APPROXIMATELY $1.2 BILLION.WHIRLPOOL NORTH AMERICA REPORTED Q3 NET SALES OF $3.0 BILLION, COMPARED TO $2.9 BILLION IN SAME PRIOR-YEAR PERIOD.NOW EXPECTS TO DELIVER FULL-YEAR FREE CASH FLOW, NON-GAAP, OF APPROXIMATELY $600 MILLION.COMPANY NOW EXPECTS TO DELIVER FULL-YEAR EARNINGS PER SHARE OF LOSS OF $2.90 TO LOSS OF $2.60 ON A GAAP BASIS.WHIRLPOOL EUROPE, MIDDLE EAST AND AFRICA REPORTED Q3 NET SALES OF $1.1 BILLION, COMPARED TO $1.3 BILLION IN SAME PRIOR-YEAR PERIOD.WHIRLPOOL EUROPE, MIDDLE EAST AND AFRICA REPORTED THIRD-QUARTER NET SALES OF $1.1 BILLION, COMPARED TO $1.3 BILLION IN SAME PRIOR-YEAR PERIOD.FY2018 EARNINGS PER SHARE VIEW $13.95 -- THOMSON REUTERS I/B/E/S.  Full Article

Whirlpool Sets Quarterly Dividend Of $1.15 Per Share
Tuesday, 21 Aug 2018 10:18am EDT 

Aug 21 (Reuters) - Whirlpool Corp ::SETS QUARTERLY DIVIDEND OF $1.15PER SHARE.  Full Article

Whirlpool Corp Says Director Diane Dietz Reports Open Market Purchase Of 1,600 Shares
Friday, 27 Jul 2018 11:17am EDT 

July 27 (Reuters) - Whirlpool Corp ::WHIRLPOOL CORP SAYS DIRECTOR DIANE DIETZ REPORTS OPEN MARKET PURCHASE OF 1,600 CO'S COMMON SHARES AT $124.26PER SHARE ON JULY 26 - SEC FILING.  Full Article

Whirlpool China to pay A shares div for FY 2017 on July 17
Monday, 9 Jul 2018 11:58pm EDT 

July 10 (Reuters) - Whirlpool China Co Ltd <600983.SS> ::* Says it will pay cash dividend of 0.05 yuan(before tax)/A share for 2017 to shareholders of record on July 16.* The company's shares will be traded ex-right and ex-dividend on July 17 and the dividend will be paid on July 17.  Full Article

Whirlpool Corp Announces Final Results Of Modified Dutch Auction Tender Offer
Wednesday, 30 May 2018 08:00am EDT 

May 30 (Reuters) - Whirlpool Corp ::WHIRLPOOL CORPORATION ANNOUNCES FINAL RESULTS OF MODIFIED DUTCH AUCTION TENDER OFFER.WHIRLPOOL - ACCEPTED FOR PURCHASE 6.3 MILLION SHARES OF COMMON STOCK, AT A PRICE OF $159.50 PER SHARE, FOR AN AGGREGATE COST OF ABOUT $1 BILLION.  Full Article

Whirlpool Corp To Commence Modified Dutch Auction Tender Offer To Purchase Up To $1 Bln Of Its Shares
Thursday, 26 Apr 2018 06:45am EDT 

April 26 (Reuters) - Whirlpool Corp ::WHIRLPOOL CORPORATION TO COMMENCE MODIFIED DUTCH AUCTION TENDER OFFER TO PURCHASE UP TO $1 BILLION OF ITS SHARES.WHIRLPOOL CORP - TENDER OFFER IS NOT CONTINGENT UPON OBTAINING ANY FINANCING.WHIRLPOOL - MODIFIED DUTCH AUCTION TENDER OFFER AT PRICE NOT LESS THAN $150 NOR OVER $170/SHARE OF COMMON STOCK, TO SELLER IN CASH.WHIRLPOOL CORP - TENDER OFFER IS SCHEDULED TO EXPIRE AT ONE MINUTE AFTER 11:59 P.M., NEW YORK CITY TIME, ON MAY 23, 2018.  Full Article

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Whirlpool to continue production in its Turkey factories: statement

ISTANBUL U.S. home appliances maker Whirlpool will continue operations at its factories in Turkey's western Manisa province, it said in a statement to Reuters on Tuesday, although it is exiting the domestic sales business in the country.