Exhibit 99.1
Contact: Whirlpool Corporation
Media: Whirlpool Corporation Press Office, 269/923-7405
Media@Whirlpool.com
Financial: Christopher Conley, 269/923-2641
Investor_Relations@Whirlpool.com
  

WHIRLPOOL CORPORATION REPORTS FOURTH-QUARTER AND FULL-YEAR 2016 RESULTS; PROVIDES 2017 GUIDANCE
The Company reported record GAAP and ongoing (non-GAAP) earnings per diluted share for the full year; GAAP earnings per diluted share were $11.50, while ongoing business earnings per diluted share(1) were $14.06.
In 2017, the Company expects to deliver GAAP earnings per diluted share of $13.25 to $14.25 and ongoing business earnings per diluted share(1) of $15.25 to $16.25 through aggressive cost reduction and leveraging its robust pipeline of innovative new products.
Also in 2017, the Company expects to generate significant free cash flow(3) improvement to approximately $1 billion driven by earnings growth and strong working capital management.
The Company continued its balanced approach to capital allocation with $525 million of share repurchases and $294 million in dividend payments for the full year. The Company intends to continue repurchasing stock in 2017.
The Company plans to hold an Investor Day in New York City in early May 2017.
BENTON HARBOR, Mich., January 26, 2017 - Whirlpool Corporation (NYSE: WHR) announced today fourth-quarter GAAP net earnings of $180 million, or $2.36 per diluted share, compared to $180 million, or $2.28 per diluted share, reported for the same prior-year period. Fourth-quarter ongoing business earnings per diluted share(1) totaled $4.33 compared to $4.10 in the same prior-year period.

"We delivered our fifth consecutive year of record ongoing earnings per share through the continued execution of our long-term strategic priorities," said Jeff M. Fettig, chairman and chief executive officer of Whirlpool Corporation. "We also continued to create value through our capital allocation strategy, funding our innovation programs with strong levels of investment while returning a record $800 million to shareholders through dividends and share repurchases."

Fourth-quarter net sales were $5.7 billion, compared to $5.6 billion in the same prior-year period. Excluding the impact of currency, sales increased over 2 percent.

1

The following information was filed by Whirlpool Corp (WHR) on Thursday, January 26, 2017 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one year to another to evaluate Whirlpool Corp's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Whirlpool Corp.

Continue

Never Miss A New SEC Filing Again


Real-Time SEC Filing Notifications
Screenshot taken from Gmail for a new 10-K Annual Report
Last10K.com Member Feature

Receive an e-mail as soon as a company files an Annual Report, Quarterly Report or has new 8-K corporate news.

Continue

We Highlighted This SEC Filing For You


SEC Filing Sentiment Analysis - Bullish, Bearish, Neutral
Screenshot taken from Wynn's 2018 10-K Annual Report
Last10K.com Member Feature

Read positive and negative remarks made by management in their entirety without having to find them in a 10-K/Q.

Continue

Widen Your SEC Filing Reading Experience


Increased Reading Area for SEC Filings
Screenshot taken from Adobe Inc.'s 10-Q Quarterly Report
Last10K.com Member Feature

Remove data columns and navigations in order to see much more filing content and tables in one view

Continue

Uncover Actionable Information Inside SEC Filings


SEC Filing Disclosures
Screenshot taken from Lumber Liquidators 10-K Annual Report
Last10K.com Member Feature

Read both hidden opportunities and early signs of potential problems without having to find them in a 10-K/Q

Continue

Adobe PDF, Microsoft Word and Excel Downloads


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshots of actual 10-K and 10-Q SEC Filings in PDF, Word and Excel formats
Last10K.com Member Feature

Export Annual and Quarterly Reports to Adobe PDF, Microsoft Word and Excel for offline viewing, annotations and analysis

Continue

FREE Financial Statements


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshot of actual balance sheet from company 10-K Annual Report
Last10K.com Member Feature

Get one-click access to balance sheets, income, operations and cash flow statements without having to find them in Annual and Quarterly Reports

Continue for FREE

Intrinsic Value Calculator


Intrinsic Value Calculator
Screenshot of intrinsic value for AT&T (2019)
Last10K.com Member Feature

Our Intrinsic Value calculator estimates what an entire company is worth using up to 10 years of financial ratios to determine if a stock is overvalued or not

Continue

Financial Stability Report


Financial Stability Report
Screenshot of financial stability report for Coco-Cola (2019)
Last10K.com Member Feature

Our Financial Stability reports uses up to 10 years of financial ratios to determine the health of a company's EPS, Dividends, Book Value, Return on Equity, Current Ratio and Debt-to-Equity

Continue

Get a Better Picture of a Company's Performance


Financial Ratios
Available Financial Ratios
Last10K.com Member Feature

See how over 70 Growth, Profitability and Financial Ratios perform over 10 Years

Continue

Log in with your credentials

or    

Forgot your details?

Create Account