Whirlpool Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024
April 24, 2024 at 04:05 pm EDT
Share
Whirlpool Corporation reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 4,490 million compared to USD 4,649 million a year ago. Net loss was USD 259 million compared to USD 179 million a year ago.
Basic loss per share from continuing operations was USD 4.72 compared to USD 3.27 a year ago. Diluted loss per share from continuing operations was USD 4.72 compared to USD 3.27 a year ago.
Whirlpool Corporation is a global kitchen and laundry company. The Companyâs segments include Major Domestic Appliances (MDA) North America; MDA Europe, MDA Latin America; MDA Asia, and Small Domestic Appliances (SDA) Global. The Company in the United States and Canada, market and distributes major home appliances and other consumer products under the Whirlpool, KitchenAid, Maytag, Amana, InSinkErator, JennAir, affresh, Swash, everydrop and Gladiator brand names to retailers, distributors, and builders, and directly to consumers. In Europe, the Company markets and distributes major domestic appliances under the Whirlpool, Indesit, Hotpoint, Bauknecht, Ignis, Maytag and Privileg brand names. In Latin America, the Company produces, market and distributes primarily Consul, Brastemp, Whirlpool, KitchenAid, Acros, Maytag and Eslabon de Lujo brand names. In Asia, the Company market primarily under the Whirlpool, Elica, Maytag, KitchenAid, and Indesit brand names.