Whirlpool (US:WHR) Yahoo Finance·2025-10-28 12:04Core 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]