Whirlpool Corporation Reports Earnings Results for the Fourth Quarter Ended December 31, 2019
January 28, 2020 at 02:40 am IST
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Whirlpool Corporation announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced sales was USD 5,382 million compared to USD 5,660 million a year ago. Operating income was USD 424 million compared to USD 309 million a year ago. Net income was USD 288 million compared to USD 170 million a year ago. Basic earnings per share was USD 4.56 compared to USD 2.66 a year ago. Diluted earnings per share was USD 4.52 compared to USD 2.64 a year ago. For the full year, sales was USD 20,419 million compared to USD 21,037 million a year ago. Operating income was USD 1,571 million compared to USD 279 million a year ago. Net income was USD 1,184 million compared to net loss of USD 183 million a year ago. Basic earnings per share was USD 18.6 compared to basic loss per share of USD 2.72 a year ago. Diluted earnings per share was USD 18.45 compared to diluted loss per share of USD 2.72 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.
WHIRLPOOL CORPORATION 
