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.

Whirlpool Q2 2023 earnings infographic

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

  • Whirlpool Q4 2022 earnings infographic

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

WBA Earnings Preview: Will Walgreens’ Q3 report bring cheer to investors?

Walgreens Boots Alliance, Inc. (NASDAQ: WBA) has been facing challenges due to higher operating costs, rising competition, and an unfavorable retail environment. These factors have put pressure on the drugstore

Main points from Accenture’s (ACN) Q3 2024 earnings report

Shares of Accenture (NYSE: ACN) rose 6% on Thursday, following the company’s announcement of its third-quarter 2024 earnings results. Although revenue and profits missed expectations, the stock jumped after the

ACB Earnings: Aurora Cannabis reports narrower Q4 loss on higher revenues

Aurora Cannabis, Inc. (NASDAQ: ACB) on Thursday reported a net loss for the fourth quarter of 2024. The company’s revenues moved up 5% year-over-year during the quarter. The Canada-based recreational

Add Comment
Viewing Highlight