Whirlpool's second quarter revenue of $3.52B narrowly misses estimates as North American appliance sales decline

Whirlpool reported second quarter 2026 revenue of $3.52 billion, down 6.8% year-over-year and slightly missing analyst expectations. The company posted a GAAP EPS of $1.15, while its ongoing (adjusted) loss per share was $(0.21), missing the consensus estimate for a loss of $(0.20).

Key Highlights

• Second quarter revenue fell 6.8% YoY to $3.52 billion, while organic net sales, which adjust for currency and divestitures, decreased 1.7%.
• The key Major Domestic Appliances (MDA) North America segment saw revenue decline 1.5% to $2.41 billion, with its EBIT margin contracting significantly to 2.7% from 5.9% a year ago.
• Ongoing (adjusted) loss per share was $(0.21), compared to earnings of $1.34 in the prior-year quarter.
• The company updated its full-year 2026 EPS guidance to reflect new interest expense outlook, now expecting GAAP EPS of $2.25 to $2.75 and ongoing EPS of $2.50 to $3.00.