Oct 26, 4:09 PM ET
Whirlpool reported third-quarter 2026 net sales of $3.68 billion, down 8.8% from a year earlier, and a GAAP net loss available to common shareholders of $249 million, or $3.80 per diluted share, compared with earnings of $1.29 per share a year earlier. The company now expects a full-year 2026 GAAP loss of $4.95 per diluted share and cut its expected full-year net sales to about $14.5 billion, versus $15.5 billion reported for 2025.
- Q3 2026 ongoing EBIT was $97 million, down 46.1% from $180 million, with ongoing EBIT margin of 2.6% versus 4.5%
- Q3 2026 ongoing loss per diluted share was $(0.21), compared with ongoing earnings of $2.09 in Q3 2025
- 2026 outlook: GAAP loss per diluted share of about $(4.95), ongoing loss of about $(1.30), and free cash flow of approximately $300 million
- Net debt expected below $4.5 billion at year end 2026, improved from under $5 billion previously
Read the filing on SEC.gov ↗
Oct 20, 4:06 PM ET
Whirlpool's board appointed Karin Risi as a director effective immediately on October 19, 2026, and named her to the Human Resources and Finance committees. Risi is a former Vanguard senior executive with more than 30 years of experience in asset and wealth management, and her non-employee director pay is set at a $150,000 annual cash retainer plus $160,000 in annual equity.
- Appointed October 19, 2026, effective immediately, with seats on the Human Resources and Finance committees
- Annual cash retainer of $150,000 and annual equity compensation of $160,000 in Whirlpool common stock, payable at the annual stockholder meeting
- Risi spent 28 years at Vanguard, most recently as managing director and chief strategy and product officer
Read the filing on SEC.gov ↗
Aug 3, 4:15 PM ET
Whirlpool reported second-quarter 2026 net sales of $3.5 billion, down 6.8% from a year earlier, and ongoing EBIT of $62 million, down 69.1%. The company revised its full-year 2026 EPS outlook to reflect higher interest expense while keeping its revenue and margin outlook unchanged.
- Net sales were $3,517 million versus $3,773 million; ongoing EBIT was $62 million versus $200 million
- GAAP EPS was $1.15 versus $1.17; ongoing EPS was $(0.21) versus $1.34 a year earlier
- Full-year 2026 ongoing EPS outlook is $2.50 to $3.00 and GAAP EPS outlook is $2.25 to $2.75, revised for new interest expense
- Completed a $2 billion asset-based lending facility and issued $2 billion in secured bonds, clearing debt maturities until 2028
Read the filing on SEC.gov ↗
Jul 1, 5:05 PM ET
Whirlpool announced on July 1, 2026 that it will close its Supsa manufacturing facility in Apodaca, Mexico, by the second quarter of 2027, moving production to its Ramos Arizpe, Mexico plant and across its supply chain. The company estimates $165 million in total restructuring costs, with about $70 million expected to be cash expenditures, so shareholders face a large charge now while the filing does not quantify the expected savings.
- Supsa facility in Apodaca, Mexico to close by the second quarter of 2027, with production shifted to Ramos Arizpe, Mexico
- Estimated total restructuring costs of $165 million: up to $95 million asset impairment, $30 million employee-related, and $40 million other
- About $100 million of the $165 million expected in 2026; about $70 million total cash expenditures, with $15 million expected in 2026
- Actions expected to be substantially complete in 2027
Read the filing on SEC.gov ↗
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