Whirlpool maintains 2026 revenue outlook at ~$15.0 bln
Company sees 2026 GAAP EPS at $2.25-$2.75 and ongoing EPS at $2.50-$3.00
Whirlpool expects 2026 free cash flow of over $300 mln
Overview
U.S. home appliance maker's Q2 sales fell 6.8% and slightly missed analyst expectations
Q2 ongoing EPS was negative, while GAAP EPS was positive
Company cites margin improvement from price increases and cost actions; full-year outlook unchanged
Result Drivers
Pricing actions - Co said margin improvement was driven by execution of price increases in North America and new product launches
Volume declines - North America net sales fell year-over-year due to lower volume from industry decline, partially offset by favorable price/mix
Higher costs - EBIT margin in North America was pressured by volume decline and higher tariff, raw material and fuel costs, partially offset by favorable price/mix
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 8 "hold" and 3 "sell" or "strong sell"
The average consensus recommendation for the appliances, tools & housewares peer group is "buy."
Wall Street's median 12-month price target for Whirlpool Corp is $43.00, about 14.7% above its July 31 closing price of $37.50
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 10 three months ago
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