The maker of Whirlpool, Maytag and KitchenAid appliances swung from an expected profit to a loss, and its new outlook is a sharp turn from what it forecast in the summer.
What did Whirlpool report?
Whirlpool (WHR) said Monday, Oct. 26, 2026, that third-quarter sales fell 8.8% to $3.68 billion and it lost 21 cents a share on an adjusted basis, when analysts expected a profit of about $1. It now expects a full-year adjusted loss of about $1.30 a share. The stock fell about 9% after hours.
The results came out at 4:05 p.m. Eastern, after the market closed, as Whirlpool had scheduled. According to Whirlpool's earnings release, sales were $3.677 billion, down 8.8% from a year earlier, or down 5.4% after removing currency effects and its former India business. On a standard accounting basis, which includes one-time charges, Whirlpool lost $3.80 a share. Its adjusted loss of 21 cents compares with a profit of $2.09 a share a year earlier, StockStory reported.
Analysts had expected adjusted earnings of $1.01 to $1.04 a share and revenue of about $3.91 billion to $3.97 billion, depending on the survey, according to StockStory and Investing.com.
Why did the quarter go wrong?
The biggest problem was North America, Whirlpool's largest market. Sales of major appliances there fell 8.3% to $2.495 billion, and the segment's profit margin was just 3.0%. Whirlpool's adjusted profit margin before interest and taxes slipped to 2.6% from 4.5% a year earlier.
Latin America was a bright spot on sales, up 6.9% to $858 million, but profits there were squeezed. Whirlpool recorded a $54 million charge tied to the bankruptcy reorganization of a major Latin American retail customer, including $46 million in expected credit losses. Investing.com identified the retailer as Grupo Casas Bahia,…
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Compound growth estimate
Estimated total
$17,175
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$13,000
This is an estimate, not a prediction. Monthly compounding; taxes, fees and inflation are excluded.
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Kiara Miller — Founder & Editor
Kiara Miller is the founder and editor of The Evergreen Edit. He has been doing independent finance research for two decades and reviews every article before it's published.
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