Whirlpool swings to Q3 loss and guides to full-year loss

What happened

Whirlpool reported third-quarter results Monday after the close that missed badly and guided to a full-year loss. Net sales fell 8.8% year over year to $3.677 billion, below Wall Street's $3.9 billion expectation, and the company posted a GAAP loss of $3.80 per diluted share (net loss $249 million versus $73 million profit a year earlier). On an ongoing basis it lost $0.21 per share, versus analysts' expected profit of $0.73. For 2026 it now expects a GAAP loss of $4.95 per share and an ongoing loss of $1.30 per share, with operating cash flow of about $700 million and free cash flow of about $300 million. Shares dropped about 8-8.5% in after-hours trading.

Who’s affected

• WHR (Whirlpool): direct hit; shares fell about 8-8.5% in after-hours trading on the Q3 miss and loss guidance.
• Consumer durables / housing-linked names (homebuilders, appliance and home-goods retailers): negative read-through — a weak housing market and cautious big-ticket spending are the same headwinds hitting the sector.
• Retailers selling appliances (e.g., Home Depot, Lowe's, Best Buy): watch for spillover sentiment on discretionary big-ticket demand.

Sources

wsj.comtradingview.com