secwatch.observer — SEC 8-K summary
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Issuer:     WHIRLPOOL CORP /DE/ (WHR)
CIK:        0000106640
Form:       8-K
Filed at:   2024-07-24T23:59:59+00:00
Accession:  0000106640-24-000122
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Whirlpool Q2 ongoing EPS $2.39 (-43%); revises FY guidance to ~$12.00
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- GAAP EPS $3.96 (vs $1.55 prior year); ongoing (non-GAAP) EPS $2.39 (vs $4.21, -43.2%).
- Net sales $3.99B, down 16.8% including exit of Europe; MDA North America sales down 5.7%.
- Segment margins mixed: MDA North America EBIT margin 6.3% (down from 10.1%); MDA Asia EBIT margin 6.2% (up from 3.5%).
- Revised FY ongoing EPS to ~$12.00; reaffirms net sales ~$16.9B.
- Free cash flow guidance revised to ~$500M; cost takeout target $300-$400M on track.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/106640/000010664024000122/0000106640-24-000122-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/106640/000010664024000122/whr-20240724.htm
  HTML page:      https://secwatch.observer/filing/0000106640-24-000122

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