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Whirlpool Corporation — Third Quarter 2026 Earnings Summary

  • Q3 2026 GAAP net loss was $249 million ($3.80 loss per share) versus a $73 million profit ($1.29 per share) in Q3 2025, driven by an 8.8% decline in net sales to $3,677 million and a 46.1% drop in ongoing EBIT to $97 million.
  • Full-year 2026 guidance reflects continued pressure with net sales expected at $14.5 billion (-1.5% YoY), a GAAP loss margin of (2.2)%, and ongoing EPS of $(1.30), though net debt is projected to improve to under $4.5 billion by year-end.
  • Strategic actions include Q4 2026 price increases in MDA North America and Latin America, the acceleration of the Russian business divestiture, and restructuring costs totaling $57 million in 2026 to support a 2027 recovery path.
  • Segment performance was mixed: MDA North America and Latin America faced soft demand and mix shifts, while SDA Global posted an 11.7% EBIT increase to $53 million supported by share gains and a 40% YoY increase in U.S. October orders.
Company
WHIRLPOOL CORP
Sector
Consumer Cyclical
Industry
Furnishings Fixtures & Appliances