Stock Data
$0.28 (0.65%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
CONSUMER CYCLICAL
Industry
FURNISHINGS, FIXTURES & APPLIANCES
Whirlpool Corporation is a global leader in manufacturing and marketing a wide range of home appliances. Known for its innovation and quality, Whirlpool offers products such as refrigerators, freezers, washing machines, and dishwashers, among others. It operates under several well-known brands like Whirlpool, Maytag, and KitchenAid. Founded in 1911, the company has a rich history and serves customers worldwide, selling its products through various channels including retailers, distributors, and directly to consumers. Whirlpool is headquartered in Benton Harbor, Michigan, and remains committed to enhancing home life for its customers.
Whirlpool's $4 billion debt overhaul guides full-year interest expense to roughly $350 million, enough to flip the quarter to a loss while missing expectations for a small profit. No common dividend was declared this quarter, and management holds full-year ongoing EPS at $2.50 to $3.00.
Whirlpool reports after the bell with investors bracing for the fallout from a frozen housing market that's crushing appliance demand across the sector.
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