Whirlpool reports Q3 loss, cuts full‑year guidance and announces price hikes
Whirlpool Corp. posted a third‑quarter 2026 GAAP loss of $3.80 per share and an ongoing (non‑GAAP) loss of $0.21 per share. Revenue fell 8.8% YoY to $3.68 billion, missing consensus estimates. The company announced Q4 price increases of up to 10% in Latin America and 7% in North America and lowered its full‑year 2026 outlook to a GAAP loss of $4.95 per share, ongoing loss of $1.30 per share, and net sales of $14.5 billion.
Why it matters
The company expects a full‑year GAAP loss of $(4.95) per share and ongoing loss of $(1.30) per share, with net sales of $14.5 billion, which will likely pressure the stock and may trigger further analyst downgrades (Stifel Nicolaus cut its price target to $30). The guidance also signals weaker demand and higher pricing pressure for the remainder of 2026.
Key facts
- 1Q3 GAAP earnings (loss) per diluted share of $(3.80) stocktitan.net
- 2Q3 ongoing (non‑GAAP) earnings (loss) per diluted share of $(0.21) stocktitan.net
- 3Q3 GAAP net earnings (loss) margin of (6.8)% prnewswire.com
- 4Full‑year 2026 net sales of approximately $14.5 billion prnewswire.com
- 5Full‑year 2026 GAAP earnings (loss) per diluted share of $(4.95) prnewswire.com
- 6Full‑year 2026 ongoing earnings (loss) per diluted share of $(1.30) prnewswire.com
Summary written by AlphAI AI Desk from 14 of 14 sources. Not investment advice. Figures are as stated by the linked sources.