|Bid||0.00 x 1100|
|Ask||0.00 x 800|
|Day's Range||113.36 - 117.77|
|52 Week Range||102.13 - 187.47|
|Beta (3Y Monthly)||1.50|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jan 28, 2019|
|Forward Dividend & Yield||4.60 (3.99%)|
|1y Target Est||140.75|
Index (PMI) data, output in the Consumer Goods sector is rising. WHR credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.
Whirlpool Corp. said Thursday it will be the official kitchen and laundry appliance of Walt Disney World Resort in Florida and Disneyland Resort in California, providing refrigerators, dishwashers, ovens, cooktops, microwaves, clothes washers and dryers. The company will also work with Disney Digital Network to create food and cooking based content for its networks. Whirlpool shares were not yet active premarket, but are down 34.9% in 2018, while the S&P 500 has gained 1.4%.
BENTON HARBOR, Mich., Nov. 1, 2018 /PRNewswire/ -- Whirlpool Corporation announced today the extension of its exclusive appliance collaboration with KB Home, one of the nation's largest homebuilders, for the next three years. As a result, homes in all newly constructed KB Home communities will continue to be outfitted with Whirlpool® and KitchenAid® brand appliances. KB Home is an industry leader in sustainability, building innovative and highly energy- and water-efficient new homes.
Whirlpool brand to Become Official Kitchen and Laundry Appliance of Walt Disney World® Resort and Disneyland® Resort BENTON HARBOR, Mich. , Nov. 1, 2018 /PRNewswire/ -- Whirlpool Corporation (NYSE: WHR) ...
Whirlpool Corp. has announced plans for a $55 million expansion that will bring about 150 more jobs to Oklahoma. The home appliance company says in a news release Tuesday that it will build a distribution ...
BENTON HARBOR, Mich., Oct. 30, 2018 /PRNewswire/ -- Whirlpool Corporation plans to expand its operations in Tulsa, Oklahoma with the addition of a new Factory Distribution Center (FDC). Adjacent to its existing manufacturing plant, the warehouse will support increased production capacity and improve efficiencies within the existing supply chain across North America, while simultaneously supporting growth in the region. "This new facility will help us streamline operations, from both a production and distribution standpoint, and ultimately allow us to better serve our customers throughout the region," said Jim Keppler, vice president, Integrated Supply Chain and Quality - North America Region at Whirlpool Corporation.
Whirlpool Corp. is demanding its appliances back from Sears Holdings Corp. The Benton Harbor, Michigan-based appliance maker (NYSE: WHR) on Oct. 25 sent bankrupt Sears Holding Corp. a letter demanding "return of all goods and merchandise received by the debtors from Whirlpool within 45 days prior to the date the debtors filed for chapter 11 protection." Sears Holding Corp. filed for bankruptcy protection on Oct. 15. "Whirlpool demands that the debtors protect and segregate the reclamation goods and refrain from selling, disposing, or using the reclamation goods for any purpose whatsoever," demanded Whirlpool attorney Bradley Schneider, in his letter to Sears. Sears stopped selling Whirlpool-branded appliances a year ago, but it continued to make some appliances under the Kenmore label, which is owned by Sears.
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. Whirlpool (WHR.N) said last week in a conference call that it is exiting a number of loss making businesses in Europe, Middle East and Africa, including domestic sales operations in Turkey.
Corp. said it is raising prices again to stay ahead of material costs, as the appliance maker benefits from one set of tariffs and gets hit by another. The Trump administration imposed tariffs this year on imported washing machines after Whirlpool lobbied for protection from what it called unfair foreign competition.
As I write this amid mid-afternoon trading, the Dow Jones Industrial Average clamored back above 25,000! Some (surprisingly) good earnings results are driving this leg higher. Sure, there’s been a spate of disappointments with the likes of Caterpillar (NYSE:CAT) letting investors down with weak forward guidance.
The home builder sector was broadly higher in afternoon trade Thursday, as upbeat pending home sales data helped provide some relief for investors suffering from a long bout of selling. The SPDR S&P Homebuilders ETF climbed 3.3%, with 33 of 35 components contributing to gains. The ETF had closed Wednesday at the lowest level since Nov. 9, 2016. That followed a 26-session stretch in which the ETF declined 23 times, including a longest-ever losing streak of 13 sessions. The ETF's biggest gainer Thursday was Whirlpool Corp.'s stock , which shot up 7.7% after the home appliances maker reported late Wednesday third-quarter earnings that were well above expectations. Among the ETF's most active stocks, PulteGroup Inc. rallied 5.7%, Lennar Corp. rose 4.8% and D.R. Horton Inc. gained 4.1%. The ETF was still down 14% over the past three months, while the S&P 500 has lost 4.7%.
ARMONK, N.Y., Oct. 25, 2018 /PRNewswire/ -- IBM (NYSE: IBM) and Whirlpool Corporation today announced that Whirlpool will use IBM Cloud to manage and provide 24/7 access to the company's critical enterprise applications including enterprise resource planning, customer relationship management, and business warehouse to help provide worldwide operations efficiency. As Whirlpool Corporation purposefully innovates its smart appliances to fulfill real human needs, it must increasingly rely on growing amounts of data to achieve what consumers expect from the world's leading manufacturer of major home appliances. In working with IBM on a cloud-based approach, the Benton Harbor, Mich., based Whirlpool Corporation will leverage the flexibility and scalability of the IBM Cloud to run Whirlpool's SAP HANA environments, including around the clock insights into its 70 manufacturing global sites, its distribution and call centers, and other systems to provide worldwide access and increased efficiencies.
Whirlpool Corp said on Thursday it expects about $300 million in costs related to higher raw materials expenses and tariffs, and plans to counter that by raising prices and exiting some loss-making businesses. The U.S. home appliances maker will exit its domestic sales operations in Turkey and Hotpoint-branded small appliance business in EMEA, as well as explore a sale of its South Africa operations, it said on a call discussing its third-quarter earnings report. The company said prices of steel, a key raw material used in appliances, are expected to drop slightly in 2019.
U.S. home appliances maker Whirlpool Corp expects $300 million in costs related to tariffs in 2019, company executives said on an post-earnings call on Thursday. The company said it expects to increase ...
Investors need to pay close attention to Whirlpool Corporation (WHR) stock based on the movements in the options market lately.
The company, which once welcomed President Donald Trump's tariffs on imported washing machines, has struggled with costs from higher U.S. tariffs on imported steel and aluminum, its two chief raw materials. The tariffs, the result of a trade dispute between the United States and China, have weighed on Whirlpool's profits in recent quarters. In response, the Michigan-based owner of brands including KitchenAid and Maytag has boosted prices of kitchen and laundry appliances.
Whirlpool (WHR) delivered earnings and revenue surprises of 23.64% and -2.15%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
Whirlpool Corp. (WHR) reported a decline in its third-quarter profit and a slight fall in overall sales. The Benton Harbor, Mich., company reported a profit of $210 million, or $3.22 a share, compared with $276 million, or $3.
The Benton Harbor, Michigan-based company said it had net income of $3.22 per share. Earnings, adjusted for non-recurring costs, came to $4.55 per share. The results surpassed Wall Street expectations. ...
-- GAAP earnings per diluted share were $3.22 compared to $3.72 in the same prior-year period; ongoing earnings per diluted share(1) (non-GAAP) were $4.55 , compared to $3.83 in the same prior-year period. ...
Jennifer Rogers talks to Rick Newman and Myles Udland about Whirlpool's decision to raise prices in order to combat the high cost of raw materials.