Whirlpool Corp. (WHR)
The company now
Whirlpool reported third-quarter 2026 net sales of $3,677 million on 26 October, down 8.8 percent from a year earlier, and a loss of $3.80 per diluted share 1.
The loss includes a $124 million write-down of its stake in Whirlpool India and a $54 million charge tied to the reorganization of Brazilian retailer Casas Bahia, a large customer there 2.
Chief executive Marc Bitzer said the pace of recovery is slower than expected, while cost cuts and pricing set a path to further improvement in 2027 1.
The company now expects net sales for the year of about $14.5 billion, a loss of $4.95 per diluted share and net debt below $4.5 billion at year end 1.
The board suspended the regular common dividend in the second quarter to strengthen the balance sheet, and a North American price increase of 7 percent takes effect in the fourth quarter 21.
Open questions are how the Casas Bahia court process ends and whether the price increases hold in a weak appliance market 1.
As of Nov 3, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.