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Whirlpool Corp Announces Strategic Segment Restructuring
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Whirlpool Corp Announces Strategic Segment Restructuring

Whirlpool Corp (WHR) has released an update to notify the public and investors about a regulation fd disclosure.

Whirlpool Corporation has restructured its operating segments to better align with its strategic focus on small domestic appliances and reflect changes in its portfolio. Effective January 1, 2024, the company will operate through five segments and deconsolidate its MDA Europe business following a transaction with Arcelik, retaining a 25% stake accounted for under the equity method. Historical financial data has been realigned accordingly and is available on the company’s investor relations website, though it is unaudited and subject to additional adjustments. This organizational change does not affect the company’s previously reported consolidated financial statements.

For further insights into WHR stock, check out TipRanks’ Stock Analysis page.

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