Whirlpool Reaffirms Forecast Despite Preelection Sales Slump [Yahoo! Finance]
Whirlpool Corporation (WHR)
Last whirlpool corporation earnings: 4/30 04:10 pm
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Source: Yahoo! Finance
after reporting better than expected earnings, and reaffirming its full-year sales forecast. Most Read from Bloomberg The results show that things aren't getting worse for Whirlpool, which also owns the KitchenAid brand. While net sales trailed projections, the company said it expects consumer sentiment to improve once the US presidential election is over. Net sales were $3.99 billion in the three months ended Sept. 30, Whirlpool said Wednesday. That compares with an estimate for $4.09 billion, according to the average of projections from Bloomberg. Adjusted earnings per share, however, beat expectations, helped by higher prices during promotional periods. Net sales will be about $16.9 billion this year, the company said. Whirlpool also reaffirmed its guidance for adjusted earnings per share. Weakness in the US housing market has persisted, and consumers are now hesitant to spend on big-ticket items, especially ahead of the presidential election. In the company's North Ameri
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WHR
Earnings
- 10/23/24 - Beat
WHR
Sec Filings
- 11/19/24 - Form 4
- 11/19/24 - Form 144
- 11/12/24 - Form SC
- WHR's page on the SEC website