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
CVX Earnings: Chevron reports lower revenue and profit for Q1 2024
Energy exploration company Chevron Corporation (NYSE: CVX) announced first-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation was $5.50 billion or
ABBV Earnings: AbbVie reports lower adj. profit for Q1 2024; revenue edges up
Specialty biopharmaceutical company AbbVie, Inc. (NYSE: ABBV) Friday announced first-quarter 2024 financial results, reporting a decline in adjusted earnings and a modest rise in revenues. The company reported worldwide net
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q1 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported first quarter 2024 earnings results today. Net sales increased 6.2% year-over-year to $5.06 billion. Organic sales increased 9.8%. Net income attributable to Colgate-Palmolive Company was
