Accessibility StatementSkip Navigation BENTON HARBOR, Mich., Oct. 27, 2025 /PRNewswire/ -- Whirlpool Corporation (NYSE: WHR), today reported third-quarter financial results. "I am pleased by the progress in North America, delivering share gains and flooring expansion as we execute a record year of new product launches," said Marc Bitzer. "The core fundamentals of our business remain strong and we are confident that the newly announced investment in our U.S.-based laundry facilities will continue to fuel our ...

Core Points - Whirlpool Corporation will release its third-quarter financial results on October 27, 2025, and hold a conference call on October 28, 2025, to discuss performance with investors [1][2][3] Company Overview - Whirlpool Corporation is a leading home appliance manufacturer, with approximately $17 billion in annual sales in 2024, predominantly in the Americas, and employs around 44,000 people [4] - The company operates 40 manufacturing and technology research centers and has a diverse brand portfolio including Whirlpool, KitchenAid, and Maytag [4] Investment Announcement - Whirlpool Corporation announced a planned $300 million investment in its U.S. laundry manufacturing facilities, which is expected to create 400-600 new jobs [7][8]

Core Insights - Whirlpool Corporation, Habitat for Humanity, and Indiana University's Kelley School of Business celebrate 15 years of collaboration, focusing on sustainable housing and community building [1][2] - The 2025 build resulted in five new net-zero homes in Bloomington, Indiana, as part of the BuildBetter with Whirlpool program, highlighting the company's commitment to climate resilience and energy efficiency [2][3] Company Initiatives - The BuildBetter with Whirlpool program has constructed 260 climate-resilient, energy-efficient homes across the U.S., achieving an average of 45% energy cost savings per family and reducing greenhouse gas emissions by 15% per home [3] - The current phase of the program aims to deliver 50 net-zero energy or net-zero energy-ready homes in the next two years, incorporating features like solar panels and high-efficiency systems [3] Community Impact - Whirlpool's collaboration with Habitat for Humanity and IU Kelley School of Business emphasizes the importance of community engagement, with volunteers from Whirlpool, Habitat for Humanity, and students participating in the builds [4] - The initiative not only provides housing but also fosters workforce development by offering IU students professional development opportunities through hands-on building experiences [4][5] Financial Overview - Whirlpool Corporation reported approximately $17 billion in annual sales in 2024, with nearly 90% of sales generated in the Americas, and employs around 44,000 people [6]

Core Insights - Whirlpool Corporation reported a decline in net sales and earnings for the second quarter of 2025, primarily due to competitive pressures and stockpiling of Asian imports into the U.S. market [2][5] - The company remains optimistic about its long-term strategy, citing a strong product pipeline and favorable housing demand in North America [2][5] - Financial results indicate a significant drop in GAAP net earnings available to Whirlpool, down 70.1% year-over-year, and ongoing earnings per diluted share decreased by 43.9% [2][5] Financial Performance - Net sales for Q2 2025 were $3,773 million, a decrease of 5.4% from $3,989 million in Q2 2024 [2][15] - GAAP net earnings available to Whirlpool were $65 million, compared to $219 million in the same quarter last year [2][15] - Ongoing EBIT for Q2 2025 was $200 million, down 5.7% from $212 million in Q2 2024 [2][15] - Free cash flow for Q2 2025 was $(856) million, a decline from $(713) million in Q2 2024 [2][15] Segment Review - MDA North America reported net sales of $2,446 million, down 4.7% year-over-year, with EBIT of $144 million, a decrease of 11.7% [3] - MDA Latin America saw net sales of $806 million, down 10.0%, with EBIT of $48 million, down 7.7% [3] - MDA Asia achieved net sales of $320 million, down 5.9%, but EBIT increased by 11.2% to $23 million [3] - SDA Global reported net sales of $201 million, up 7.5%, with EBIT increasing by 32.9% to $35 million [3] Outlook - The company updated its full-year guidance, expecting GAAP earnings per diluted share to be between $5.00 and $7.00, and ongoing earnings per diluted share between $6.00 and $8.00 [5][8] - Projected cash provided by operating activities is approximately $850 million, with free cash flow expected to be around $400 million [5][8] - The company plans to recommend an annual dividend payout rate of $3.60 per share, subject to board approval [10][8]

Core Insights - Whirlpool Corporation will release its second-quarter financial results on July 28, 2025, at 4:05 p.m. ET [1] - A conference call to discuss the performance will take place on July 29, 2025, at 8 a.m. ET [1] Company Overview - Whirlpool Corporation is a leading home appliance manufacturer, focusing on improving life at home [4] - The company reported approximately $17 billion in annual sales for 2024, with nearly 90% of sales generated in the Americas [4] - Whirlpool employs around 44,000 individuals and operates 40 manufacturing and technology research centers [4]

Group 1: Event Overview - The Premier Lacrosse League (PLL) is returning to Chicago for the first time since 2019, featuring a two-day game series on July 11-12 at Northwestern Medicine Field [1] - The event will include the first-ever professional lacrosse game played on a river, with a field constructed on a Chicago River Tour Boat [2] Group 2: Sponsorship and Community Engagement - Whirlpool brand is a proud sponsor of the PLL and is committed to expanding access to lacrosse in local communities, having also announced support for the Women's Lacrosse League (WLL) [3] - The partnership between Whirlpool brand and PLL began in 2023, focusing on community engagement through equipment restoration and social responsibility initiatives [4] Group 3: Company Profile - Whirlpool Corporation is a leading home appliance company with approximately $17 billion in annual sales in 2024, primarily in the Americas, and employs around 44,000 people [7] - The company operates 40 manufacturing and technology research centers and has a diverse brand portfolio including Whirlpool, KitchenAid, and Maytag [7] Group 4: League Profile - The PLL is a men's professional lacrosse league in North America, co-founded by Paul Rabil and Mike Rabil, and backed by a prominent investment group [8] - The league has been recognized for its workplace culture and has exclusive media rights agreements with major networks like ABC and ESPN [8][9]