Whirlpool announces fourth quarter and full year results; provides 2024 guidance

--fourth-quarter net sales growth of approximately 3% with 1 point of north america share gains year-over-year--fourth-quarter gaap net earnings margin of 9.7% compared to prior year period of (32.6)%, impacted by the europe transaction--fourth-quarter ongoing (non-gaap) ebit margin(1) of 5.2% (+170bps year-over-year)--full-year gaap and ongoing (non-gaap) earnings per diluted share(2) of $8.72 and $16.16, respectively, including $800 million of cost take out--paid $384 million in dividends in 2023 and repaid $500 million of term loan--2024 outlook includes gaap and ongoing earnings per diluted share(2) of $8.50 to $10.50 and $13.00 to $15.00, respectively; cash provided by operating activities of $1.15 to $1.25 billion and free cash flow(3) of $550 to $650 million benton harbor, mich. , jan. 29, 2024 /prnewswire/ -- whirlpool corporation (nyse: whr), today reported fourth-quarter and full-year 2023 financial results.
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