earnings
confidence high
sentiment negative
materiality 0.75
Whirlpool Q2 ongoing EPS loss of $0.21; revenue down 6.8% YoY; full-year guidance revised lower
WHIRLPOOL CORP /DE/
- Q2 net sales $3.52B, down 6.8% YoY; GAAP EPS $1.15 vs $1.17; ongoing EPS loss $(0.21) vs $1.34.
- Ongoing EBIT $62M, down 69% YoY; ongoing EBIT margin 1.8% vs 5.3%.
- MDA North America EBIT $64M, down 55% YoY; margin 2.7% vs 5.9%.
- Completed $2B ABL facility and issued $2B secured bonds to extend debt maturities to 2028.
- Full-year 2026 GAAP EPS guidance $2.25-$2.75, ongoing EPS $2.50-$3.00; free cash flow >$300M.