secwatch.observer — SEC 8-K summary
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Issuer:     WHIRLPOOL CORP /DE/ (WHR)
CIK:        0000106640
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0000106640-26-000031
Event type: earnings
Sentiment:  negative
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Whirlpool Q1 GAAP EPS -$1.43; cites Iran war for U.S. industry recession; suspends dividend
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- Q1 net sales $3.273B (-9.6% YoY); GAAP net loss $85M vs. $71M profit a year ago.
- Ongoing (non-GAAP) diluted EPS loss of $0.56 vs. +$1.70 in Q1 2025; ongoing EBIT margin 1.3% (down from 5.9%).
- MDA North America EBIT collapsed to $6M from $149M; company announced largest price increase in a decade.
- 2026 guidance: GAAP EPS $2.45-$2.95, ongoing EPS $3.00-$3.50; free cash flow ~$300M.
- Common dividend suspended; debt reduction over $900M planned; transitioning to ~$2.25B asset-based revolver.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/106640/000010664026000031/0000106640-26-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/106640/000010664026000031/whr-20260506.htm
  HTML page:      https://secwatch.observer/filing/0000106640-26-000031

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