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-- Sequential margin expansion in MDA North America for the second consecutive quarter, driven by promotional pricing actions
-- Q3 GAAP net earnings margin of 2.7% (Q2 5.5%); GAAP earnings per diluted share of $2.00; GAAP tax rate of 25%
-- Ongoing (non-GAAP) EBIT margin(1) of 5.8% (Q2 5.3%); ongoing earnings per diluted share(2) of $3.43 supported by favorable adjusted (non-GAAP) tax rate of (32)%
-- Revising full-year GAAP earnings per diluted share to approximately $0.50, impacted by the updated GAAP tax rate and non-cash losses related to the Europe transaction
BENTON HARBOR, Mich., Aug. 22, 2024 /PRNewswire/ -- Whirlpool Corporation (NYSE: WHR) announced today that it will participate in the Goldman Sachs 31st Annual Global Retailing Conference on September 4th at 1:50 p.m. ET at the Conrad New York Downtown in New York, New York. Presenting for Whirlpool Corporation will be Jim Peters, Executive Vice President and Chief Financial and Administrative Officer.
BENTON HARBOR, Mich., Aug. 19, 2024 /PRNewswire/ -- Today, the board of directors of Whirlpool Corporation (the "Company") declared a quarterly dividend of $1.75 per share on the Company's common stock. The dividend is payable on September 15, 2024, to stockholders of record at the close of business on August 30, 2024.
About Whirlpool CorporationWhirlpool Corporation (NYSE: WHR) is a leading kitchen and laundry appliance company, in constant pursuit of improving life at home and inspiring generations with our brands. The company is driving meaningful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator. In 2023, the company reported approximately $19 billion in annual sales, 59,000 employees, and 55 manufacturing and technology research centers. Additional information about the company can be found at WhirlpoolCorp.com.