Whirlpool Posts $237M Q3 Loss, Guides Full-Year to $(4.95) GAAP EPS
WHR is trading near its 52-week low of $25.73 (6.3% below the low) on elevated volume (3.0× avg).
Summary
Whirlpool swung to a $237 million third-quarter loss, or $(3.80) per share, on an 8.8% sales decline, and guided full-year 2026 to a GAAP loss of about $(4.95) per share while keeping its ~$300 million free cash flow target and cutting expected year-end net debt below $4.5 billion.
Key Events · Earnings and Guidance · WHR
-
Q3 Swings to $237M Net Loss
Net sales fell 8.8% to $3,677 million, and GAAP net loss available to common shareholders was $249 million, or $(3.80) per diluted share, versus $73 million of net earnings, or $1.29 per share, a year earlier.
-
Charges Drive the Loss
Most of the gap came from a $124 million non-cash impairment of the Whirlpool India equity method investment and a $54 million Grupo Casas Bahia bankruptcy charge (including $46 million of trade credit losses); even so, ongoing EBIT fell 46.1% to $97 million.
-
Full-Year Guidance Cut to Loss
The 2026 outlook now calls for GAAP EPS of about $(4.95) and ongoing EPS of about $(1.30) on net sales of roughly $14.5 billion, with an ongoing EBIT margin of 2.0-2.2%.
-
Cash and Debt Targets Hold
Full-year free cash flow is still guided to about $300 million on roughly $700 million of operating cash flow, and year-end net debt expectations improved to under $4.5 billion from under $5 billion.
Analysis · WHR · Manufacturing
The third quarter was a sharp deterioration: net sales fell 8.8% to $3,677 million and the company swung to a $237 million net loss, or $(3.80) per diluted share, from $73 million of earnings a year earlier. Two items drove the loss—a $124 million non-cash impairment of the Whirlpool India equity investment and a $54 million charge tied to Grupo Casas Bahia's bankruptcy reorganization—but the adjusted picture weakened too, with ongoing EBIT down 46.1% to $97 million and ongoing EPS of $(0.21). Management now guides full-year 2026 to a GAAP loss of about $(4.95) per share and ongoing EPS of about $(1.30), on net sales of roughly $14.5 billion. Cash discipline is the offset: full-year free cash flow is still targeted at about $300 million, and net debt is now expected below $4.5 billion by year end, versus the prior under-$5 billion target. With the stock already near its 52-week low, the market must weigh a slower recovery against a balance sheet that is holding together.
How filings like this one have moved
In the 30 days to Oct 27, 2026, 36.2% of the 898 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.75%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, WHR was trading at $24.11 on NYSE in the Manufacturing sector, with a market capitalization of approximately $1.7B. The 52-week trading range was $25.73 to $94.82. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.