Whirlpool swings to Q1 loss of $1.43 per share as net sales fall 9.6%
Whirlpool reported first-quarter 2026 GAAP net loss available to common shareholders of $85 million, or $1.43 per diluted share, compared with a profit of $1.28 per diluted share a year earlier. Net sales fell 9.6% to $3.27 billion, and the company cited a significant U.S. industry decline and a planned dividend suspension to prioritize debt paydown.
Key points
- Net sales were $3,273 million, down 9.6% from $3,621 million in Q1 2025.
- Ongoing EBIT was $44 million, a 1.3% margin, versus $214 million and 5.9% a year earlier.
- 2026 GAAP EPS outlook is $2.45 to $2.95, and ongoing EPS outlook is $3.00 to $3.50.
- The company plans a common dividend suspension and debt reduction of over $900 million in 2026.
The filing
Written by AI on Nov 8, 2026, 1:55 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.