Financial Performance - Net sales for Q3 2025 were $4,033 million, a slight increase from $3,993 million in Q3 2024, while year-to-date sales decreased to $11,426 million from $12,471 million[17]. - Gross margin for Q3 2025 was $594 million, down from $643 million in Q3 2024, with year-to-date gross margin at $1,811 million compared to $1,910 million in the previous year[17]. - Net earnings available to Whirlpool for Q3 2025 were $73 million, a decrease from $109 million in Q3 2024, while year-to-date net earnings increased to $210 million from $69 million[17]. - The company reported a comprehensive income of $92 million for Q3 2025, compared to $25 million in Q3 2024[17]. - Total net sales for the three months ended September 30, 2025, were $4,033 million, a slight increase from $3,993 million in the same period of 2024, while total net sales for the nine months ended September 30, 2025, were $11,426 million, down from $12,471 million in 2024[51]. - The company reported a comprehensive income of $92 million for the three months ended September 30, 2025, with net earnings of $73 million[109]. - Consolidated net sales increased by 1.0% to $4,033 million for Q3 2025, but decreased by 8.4% to $11,426 million for the nine months ended September 30, 2025, primarily due to the deconsolidation of the European segment[143][145]. Assets and Liabilities - Total assets as of September 30, 2025, were $16,893 million, up from $16,301 million at the end of 2024[19]. - Long-term debt increased to $6,165 million as of September 30, 2025, compared to $4,758 million at the end of 2024[19]. - Cash and cash equivalents decreased to $934 million at the end of Q3 2025 from $1,275 million at the end of 2024[21]. - The company reported a total inventory of $2,593 million as of September 30, 2025, compared to $2,035 million as of December 31, 2024[55]. - The company’s property, plant, and equipment, net, amounted to $2,309 million as of September 30, 2025, compared to $2,275 million as of December 31, 2024[56]. - The company had total committed credit facilities of approximately $4.0 billion at September 30, 2025[203]. Cash Flow and Financing - Operating activities resulted in a cash outflow of $669 million for the nine months ended September 30, 2025, compared to an outflow of $271 million in the same period of 2024[21]. - Cash used in operating activities increased to $(669) million for the nine months ended September 30, 2025, compared to $(271) million in the same prior year period[198]. - Cash provided by financing activities increased to $503 million for the nine months ended September 30, 2025, compared to $222 million in the same prior year period[202]. - The company has a total borrowing capacity of $3.5 billion under the Amended Long-Term Credit Agreement, maturing on May 3, 2027[65]. - The company had $1.1 billion outstanding under the Amended Long-Term Facility and $300 million under the Term Loan Agreement as of September 30, 2025[68]. Expenses and Costs - Dividends declared for Q3 2025 were $0.90 per share, down from $1.75 per share in Q3 2024[17]. - The cost of products sold for Q3 2025 was $3.439 billion, compared to $3.350 billion in Q3 2024, reflecting an increase of about 2.6%[126]. - Selling, general and administrative expenses increased to 10.1% of net sales for Q3 2025, compared to 9.9% in Q3 2024, mainly due to higher marketing spend[174]. - Restructuring charges for the three months ended September 30, 2025, totaled $6 million, compared to $8 million for the same period in 2024[121]. - The company anticipates incurring approximately $50 million in restructuring charges for the full year 2025[177]. Tax and Regulatory Matters - Income tax expense for the three months ended September 30, 2025, was $33 million, compared to $45 million for the same period in 2024[122]. - The company’s effective worldwide tax rate for the nine months ended September 30, 2025, resulted in an income tax expense of $105 million, compared to a benefit of $(85) million for the same period in 2024[122]. - The final fine amount from the French Competition Authority is set at $75 million, with $46 million attributable to the company's France business[83]. Investments and Equity - The company has a 25% ownership stake in Beko Europe B.V., with a carrying amount of $21 million as of September 30, 2025, down from $74 million as of December 31, 2024[41]. - The fair value of the investment in Whirlpool China was $219 million as of September 30, 2025[41]. - The company holds a 25% equity interest in Beko following the disposal of its European major domestic appliance business[106]. Market Performance - MDA North America net sales increased by 2.8% for Q3 2025, while MDA Latin America and MDA Asia experienced declines of 5.2% and 7.3%, respectively[150][155][160]. - SDA Global net sales increased by 10.5% for Q3 2025, driven by favorable product price/mix, with an EBIT margin of 16.5%[166][168].

Core Insights - Whirlpool reported better-than-expected financial results, with revenue of $4.03 billion surpassing Wall Street's forecast of $3.93 billion and adjusted earnings per share at $2.09 compared to estimates of $1.40 [1] Financial Performance - Revenue for the quarter was $4.03 billion, exceeding expectations [1] - Adjusted earnings per share were $2.09, significantly higher than the anticipated $1.40 [1] - For the full year, Whirlpool reiterated net sales of approximately $15.8 billion, with adjusted earnings per share now expected to be around $7.00, up from a previous range of $6 to $8 [4] Product Performance - Major domestic appliances in North America saw a 2.8% increase, driven by a refresh of 30% of the product portfolio [2] - Small domestic appliances globally experienced a 10.5% growth, largely due to the KitchenAid business, which reported double-digit revenue growth [2] Market Outlook - The company anticipates that new products will gain traction in the fourth quarter and into the next year as they increase their presence in retail [3] - Whirlpool is positioned well to capture growth as consumers return to the housing market [3] Regional Performance - A decline of 7.2% in major domestic appliances was noted in Asia, attributed to cooler weather and currency volatility in Argentina, which also affected Latin America with a 5.2% decline [4] External Factors - Tariffs impacted margins by 250 basis points in the third quarter, despite over 80% of US sales being produced domestically [5] - The company is seeking clarity on trade issues, particularly in light of an upcoming summit between US and Chinese leaders [6] - The fourth quarter is expected to be highly promotional as Whirlpool competes with companies facing excess inventory ahead of tariffs [6]

Core Insights - Whirlpool reported $4.03 billion in revenue for Q3 2025, a 1% year-over-year increase, with an EPS of $2.09 compared to $3.43 a year ago, indicating a significant decline in earnings [1] - The revenue exceeded the Zacks Consensus Estimate of $3.92 billion by 2.76%, while the EPS surpassed the consensus estimate of $1.41 by 48.23% [1] Financial Performance Metrics - Net Sales in Latin America for Major Domestic Appliances were $802 million, below the average estimate of $817.5 million, reflecting a year-over-year decline of 5.2% [4] - Net Sales in North America for Major Domestic Appliances reached $2.72 billion, exceeding the average estimate of $2.61 billion, with a year-over-year increase of 2.8% [4] - Net Sales in Asia for Major Domestic Appliances were $222 million, falling short of the average estimate of $234.5 million, representing a year-over-year decrease of 7.1% [4] - Global Small Domestic Appliances reported net sales of $288 million, slightly below the average estimate of $289 million, but showing a year-over-year increase of 10.3% [4] Stock Performance - Whirlpool shares have returned -4.9% over the past month, contrasting with the Zacks S&P 500 composite's +2.5% change, indicating underperformance relative to the broader market [3] - The stock currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance in the near term [3]

分组1 - Whirlpool reported quarterly earnings of $2.09 per share, exceeding the Zacks Consensus Estimate of $1.41 per share, but down from $3.43 per share a year ago, resulting in an earnings surprise of +48.23% [1] - The company posted revenues of $4.03 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 2.76% and showing a slight increase from $3.99 billion year-over-year [2] - Over the last four quarters, Whirlpool has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] 分组2 - The stock has underperformed the market, losing about 35.7% since the beginning of the year compared to the S&P 500's gain of 15.5% [3] - The current consensus EPS estimate for the coming quarter is $1.94 on revenues of $4.16 billion, and for the current fiscal year, it is $6.37 on revenues of $15.48 billion [7] - The Household Appliances industry, to which Whirlpool belongs, is currently in the bottom 10% of the Zacks Industry Rank, indicating potential challenges ahead [8]

Core Insights - The article highlights that margin compression and increasing capital expenditures (capex) indicate deeper financial strain for the company, despite experiencing modest revenue growth and gaining market share in North America [1] Revenue Growth - The company has reported modest revenue growth, which suggests some resilience in its operations [1] Market Share - There are notable gains in market share within the North American market, indicating competitive advantages or successful strategies in that region [1] Margin Compression - The article points out that margin compression is a significant concern, suggesting that costs are rising faster than revenues, which could impact profitability [1] Capital Expenditures - Rising capital expenditures signal that the company is investing heavily, which may be necessary for future growth but also indicates potential financial strain in the short term [1]

Core Viewpoint - The company anticipates continued momentum driven by a refreshed lineup of KitchenAid appliances, which has secured more retail space [1] Group 1 - The Chief Financial and Administrative Officer, Jim Peters, expressed optimism about ongoing momentum in the business [1]

Financial Performance - Third-quarter net sales increased by 1.0% year-over-year to $4,033 million, with net sales excluding currency also up by 1.0%[3] - GAAP net earnings available to Whirlpool decreased by 33.3% to $73 million, with GAAP earnings per diluted share at $1.29, down 35.5%[3][4] - Ongoing EBIT was $180 million, a decline of 22.7% year-over-year, resulting in an ongoing EBIT margin of 4.5%[3][4] - Net sales for the three months ended September 30, 2025, were $4,033 million, a slight increase from $3,993 million in the same period of 2024, while net sales for the nine months ended were $11,426 million, down from $12,471 million in 2024[15] - Operating profit for the three months ended September 30, 2025, was $206 million, down from $265 million in 2024, reflecting a decline of about 22.2%[15] - Net earnings available to Whirlpool for the three months ended September 30, 2025, were $73 million, compared to $109 million in 2024, representing a decrease of approximately 33.1%[15] - Basic net earnings per share available to Whirlpool for the three months ended September 30, 2025, were $1.30, down from $2.01 in 2024, a decline of about 35.4%[15] - For Q3 2025, net earnings available to Whirlpool were $73 million, with a net sales of $4,033 million, resulting in a net earnings margin of 1.8%[35] - Ongoing earnings per diluted share for Q3 2025 was $2.09, compared to $3.43 in Q3 2024[35][37] - For the full year 2024, net sales were $16,607 million, with a net earnings margin of (1.9)%[39] - The ongoing measure for full-year 2024 resulted in earnings of $887 million, with an ongoing EBIT margin of 5.3%[39] - The company anticipates full-year 2025 ongoing earnings of approximately $800 million, translating to an ongoing earnings per diluted share of around $7.00[43] Segment Performance - MDA North America segment net sales rose by 2.8% to $2,722 million, while EBIT fell by 30.6% to $134 million[5] - MDA Latin America segment net sales decreased by 5.2% to $802 million, with EBIT down 22.0% to $45 million[5] - MDA Asia segment net sales declined by 7.3% to $222 million, with EBIT down 37.9% to $4 million[5] - SDA Global segment net sales increased by 10.5% to $288 million, with EBIT rising by 28.8% to $47 million[5] Cash Flow and Capital Management - Free cash flow for the third quarter was $(907) million, a decrease of $321 million compared to the previous year[4] - Free cash flow for the nine months ended September 30, 2025, was negative at $(669) million, compared to $(271) million in 2024, indicating a worsening cash flow situation[18] - Cash provided by operating activities for 2025 is projected to be approximately $600 million, improving from $(271) million in 2024[52] - Capital expenditures for 2025 are estimated to be around $400 million, down from $315 million in 2024[52] - The company anticipates a free cash flow outlook of approximately $200 million for 2025[52] Debt and Assets - Total assets as of September 30, 2025, were $16,893 million, an increase from $16,301 million at the end of 2024, reflecting a growth of approximately 3.6%[17] - Long-term debt increased to $6,165 million as of September 30, 2025, compared to $4,758 million at the end of 2024, indicating a rise of about 29.5%[17] - Cash and cash equivalents at the end of the period were $934 million, down from $1,275 million at the beginning of the year, a decrease of approximately 26.8%[18] Guidance and Projections - Full-year 2025 guidance includes net sales of approximately $15.8 billion and GAAP earnings per diluted share of approximately $6.00[8][9] - The company plans to achieve approximately $200 million in structural cost take out in 2025[4][9] - The anticipated full-year GAAP tax rate for 2025 is approximately 8.8%, with an adjusted non-GAAP tax rate of about 8.0%[42][47] Restructuring and Other Costs - Restructuring expenses for Q3 2025 were $6 million, down from $8 million in Q3 2024[48] - Unique transaction-related costs for portfolio transformation in Q3 2025 totaled $4 million[48] - The company recorded a gain of $30 million from the release of a reserve related to an indemnity that is no longer considered probable[48]

Group 1 - The article does not provide any specific content related to a company or industry [1]

Core Insights - Whirlpool Corporation reported third-quarter financial results showing a slight increase in net sales but a significant decline in earnings per share and margins compared to the previous year [2][5][15]. Financial Performance - Net sales for Q3 2025 were $4,033 million, a 1.0% increase from $3,993 million in Q3 2024 [2][16]. - GAAP net earnings available to Whirlpool decreased by 33.3% to $109 million from $73 million year-over-year [2][16]. - Ongoing EBIT for Q3 2025 was $233 million, down 22.7% from $180 million in Q3 2024 [2][16]. - GAAP earnings per diluted share fell by 35.5% to $1.29 from $2.00 in the same quarter last year [2][16]. Segment Performance - In North America, net sales increased by 2.8% to $2,722 million, but EBIT decreased by 30.6% to $134 million [3]. - Latin America saw a 5.2% decline in net sales to $802 million, with EBIT down 22.0% to $45 million [3]. - Asia's net sales decreased by 7.3% to $222 million, with EBIT down 37.9% to $4 million [3]. - Global small domestic appliances (SDA) reported a 10.5% increase in net sales to $288 million, with EBIT rising 28.8% to $47 million [3]. Future Outlook - The company expects full-year 2025 net sales to be approximately $15.8 billion, with a GAAP earnings per diluted share forecast of around $6.00 [4][15]. - Free cash flow is projected to be approximately $200 million, with cash provided by operating activities revised to about $600 million [5][15]. - The company aims to achieve approximately $200 million in cost reductions in 2025 [2][5]. Strategic Initiatives - Whirlpool is focusing on new product launches and has announced investments in U.S.-based laundry facilities to support future growth [2][5]. - The company is navigating challenges posed by inventory loading from Asian competitors while implementing cost control measures [2][5].

Earnings Reports - Keurig Dr Pepper Inc. (NASDAQ: KDP) is expected to report quarterly earnings of 54 cents per share on revenue of $4.15 billion [2] - Nucor Corp. (NYSE: NUE) is projected to post quarterly earnings of $3.70 per share on revenue of $12.57 billion [2] - Whirlpool Corp. (NYSE: WHR) is anticipated to report quarterly earnings of $1.41 per share on revenue of $3.93 billion [2] - Waste Management Inc. (NYSE: WM) is expected to report quarterly earnings of $2.02 per share on revenue of $6.50 billion [2] Stock Movements - Keurig Dr Pepper shares rose 0.3% to $27.25 in after-hours trading [2] - Nucor shares increased by 0.2% to close at $138.70 on Friday [2] - Plymouth Industrial REIT Inc. (NYSE: PLYM) shares fell 1.5% to $21.75 in after-hours trading following acquisition news [2] - Whirlpool shares gained 1% to $74.40 in after-hours trading [2] - Waste Management shares rose 0.3% to $215.20 in after-hours trading [2] Acquisition News - Plymouth Industrial REIT Inc. agreed to be acquired by Makarora Management LP and Ares Alternative Credit Funds in an all-cash transaction valued at approximately $2.1 billion [2]