Categories AlphaGraphs, Consumer, Earnings
WHR Earnings: Whirlpool Q2 2023 adjusted profit, sales decline
Home appliance company Whirlpool Corp. (NYSE: WHR) has reported a sharp fall in adjusted earnings for the second quarter of 2023, reflecting a 6% decline in net sales.
At $4.79 billion, second-quarter net sales were down 6% from the year-ago period. All geographical segments, except Latin America, experienced weakness during the period.
Ongoing earnings, which represent profit excluding special items, dropped 30% annually to $4.21 per share in Q2. On an unadjusted basis, the company reported net income of $85 million or $1.55 per share, compared to a loss of $371 million or $6.62 per share in the prior-year quarter.
Prior Performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Costco (COST) reports strong growth in Q1 FY26 earnings; revenue up 8%
Costco Wholesale Corporation (NASDAQ: COST) has reported an increase in net income for the first quarter of fiscal 2026. Revenues grew 8.3% year-over-year. The Issaquah, Washington-headquartered warehouse giant’s total revenues
AVGO Earnings: Broadcom reports higher Q4 FY25 revenue, profit; results beat
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) on Thursday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. The numbers also surpassed analysts' expectations. Adjusted
Lamb Weston (LW) is set to report Q2 2026 earnings next week, here’s what to look for
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) rose over 1% on Thursday. The stock has gained 4% over the past three months. The French fry giant is slated to
