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2026-07-23 22:24 2d ago
2026-07-23 16:15 2d ago
WHIRLPOOL CORPORATION RESCHEDULES SECOND-QUARTER EARNINGS RELEASE TO AUGUST 3RD AND CONFERENCE CALL TO AUGUST 4TH
WHR Whirlpool
FMP Stock News
Original source text
, /PRNewswire/ -- Whirlpool Corporation (NYSE: WHR) announced today that it has rescheduled the release of its second-quarter financial results and corresponding conference call.

The financial results and presentation materials will now be released at 4:05 p.m. ET on Monday, August 3, 2026. Whirlpool Corporation will hold a conference call to discuss its performance with the investment community at 8 a.m. ET on Tuesday, August 4, 2026. The schedule has been adjusted to accommodate Marc Bitzer, Chairman and Chief Executive Officer, who is recovering at home from a minor bicycle accident and expected to return to the office by August 3. 

To participate in the conference call, dial 1 (888) 440-4038 and Conference ID 2610251. International participants should dial 1 (646) 960-0861 and Conference ID 2610251. Participants should dial in at least 10 minutes prior to the call, as they may experience longer than usual wait times.

The conference call will be webcast live on the Company's website at investors.whirlpoolcorp.com and may be accessed by clicking on the "News & Events" tab located at the top of the page, and by clicking on "Events & Presentations". To listen to the live webcast, participants should visit the site at least 15 minutes prior to the conference call to download any required streaming media software. Key financial statistics, the earnings presentation, and an archived recording of the conference call will be available on the Company's website for at least 30 days.

About Whirlpool Corporation
Whirlpool Corporation (NYSE: WHR) is a leading home appliance company, in constant pursuit of improving life at home. As the only major U.S.-based manufacturer of kitchen and laundry appliances, the company is driving meaningful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator. In 2025, the company reported approximately $16 billion in annual net sales - close to 90% of which were in the Americas - 41,000 employees, and 35 manufacturing and technology research centers. Additional information about the company can be found at WhirlpoolCorp.com.

Website Disclosure
We routinely post important information for investors on our website, WhirlpoolCorp.com, in the "Investors" section. We also intend to update the Hot Topics Q&A portion of this webpage as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the Investors section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our webpage is not incorporated by reference into, and is not a part of, this document.

SOURCE Whirlpool Corporation
2026-07-22 17:33 3d ago
2026-07-22 11:51 4d ago
Whirlpool's Q2 Earnings Coming Up: Here's What You Should Know
WHR Whirlpool
FMP Stock News
Original source text
Key Takeaways Whirlpool's Q2 sales are likely to fall 4.5% YoY, while earnings are projected to plunge 94.03%.Price hikes and over $150 million in cost savings may aid margins despite soft appliance demand.SDA is expected to grow 13.5%, led by KitchenAid launches, direct sales and share gains. Whirlpool Corporation (WHR - Free Report) is expected to witness declines in its top and bottom lines when it reports second-quarter 2026 results.

The household appliance company’s quarterly revenues are pegged at $3.61 billion, down 4.5% from the prior-year quarter’s figure. The consensus estimate for quarterly earnings has moved downward in the past 30 days to 8 cents per share. However, the consensus mark for earnings indicates a 94.03% fall from the year-ago quarter’s figure.

 Whirlpool delivered a negative earnings surprise of 230.2% in the last reported quarter. The bottom line has missed estimates by 55.9%, on average, over the trailing four quarters.

Key Points to Note Ahead of WHR’s Q2 ResultsWhirlpool's second-quarter results are expected to reflect the early benefits of the aggressive pricing actions and cost initiatives announced following a difficult first quarter. Management implemented its largest price increase in more than a decade, including promotional price increases of more than 10%, with additional list-price increases scheduled to take effect during the quarter. The company indicated that these actions would begin benefiting price/mix in the second quarter and continue building through the remainder of the year. Investors will closely monitor whether pricing has remained intact despite a still-soft demand environment and whether the initial recovery in North American margins has started to materialize.

The Zacks Consensus Estimate for MDA North America is currently pegged at $2419 million, indicating a decline of 5.8%.

North American demand trends are likely to remain the biggest determinant of Whirlpool's quarterly performance. Consumer sentiment remained near historic lows following the sharp decline witnessed in March, leading consumers to postpone discretionary appliance purchases and increasingly favor lower-priced products. While management expects March to represent the trough, it also anticipates only a gradual improvement in industry conditions rather than a sharp recovery. Investors will therefore look for evidence that replacement demand has remained resilient, promotional activity has moderated and retail sell-through has stabilized during the quarter.

Margin performance in the second quarter is expected to benefit from Whirlpool's accelerated cost-reduction initiatives and improving competitive dynamics. The company remains on track to deliver more than $150 million in cost savings during 2026 through manufacturing optimization, vertical integration, strategic sourcing and fixed-cost reductions. At the same time, the updated Section 232 tariffs are expected to provide Whirlpool with a structural competitive advantage given its predominantly U.S.-based manufacturing footprint, while imported appliances face materially higher tariff costs. Although raw-material inflation and tariff expenses remain headwinds, management expects the combination of pricing actions and productivity improvements to support a gradual recovery in profitability during the quarter.

Performance across Whirlpool's business segments is likely to remain mixed, with Small Domestic Appliances (SDA) continuing to outperform despite macroeconomic challenges affecting major appliances. Management highlighted another quarter of strong SDA growth, driven by KitchenAid's premium product launches, direct-to-consumer momentum and continued market-share gains. At the same time, major appliance demand is expected to remain pressured by weak consumer confidence, a challenging housing market and ongoing mix headwinds.

The Zacks Consensus Estimate for SDA is currently pegged at $227 million, indicating growth of 13.5%.

What the Zacks Model Unveils for WHROur proven model doesn’t conclusively predict an earnings beat for Whirlpool this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here.

Whirlpool currently has an Earnings ESP of -436.00% and a Zacks Rank #5 (Strong Sell). You can uncover the best stocks before they’re reported with our Earnings ESP Filter.

Valuation Picture of WHR StockWith a forward 12-month price-to-earnings ratio of 16.48x, which is below the five-year high of 17.50x and above the Household Appliances industry’s average of 15.57x, the stock offers compelling value for investors seeking exposure to the sector.

Image Source: Zacks Investment Research

The recent market movements show that WHR’s shares have lost 32.7% in the past three months compared with the industry's 27.9% decline.

Image Source: Zacks Investment Research

Stocks Poised to Beat Earnings EstimatesHere are some companies that, according to our model, have the right combination of elements to post an earnings beat:

SharkNinja, Inc. (SN - Free Report) currently has an Earnings ESP of +1.29% and a Zacks Rank of 2. You can see the complete list of today’s Zacks #1 Rank stocks here. 

SN is likely to register growth in its bottom and top lines when it reports second-quarter 2026 results. The Zacks Consensus Estimate for its quarterly revenues is pegged at $1.6 billion, indicating a 13.5% increase from the figure reported in the year-ago quarter.

The consensus estimate for SN’s second-quarter earnings is pegged at $1.09 per share, implying 12.4% growth from the year-ago quarter’s actual. The consensus mark has dipped a penny in the past 30 days.

MGM Resorts International (MGM - Free Report) currently has an Earnings ESP of +0.08% and a Zacks Rank of 3. MGM is likely to register a top-line increase when it reports second-quarter 2026 results. The Zacks Consensus Estimate for its quarterly revenues is pegged at $4.5 billion, indicating a 1.4% rise from the figure reported in the year-ago quarter.

The consensus estimate for MGM Resorts’ second-quarter earnings is pegged at 62 cents a share, implying a 21.5% decrease from the year-earlier quarter. The consensus mark has increased by 2 cents in the past seven days.

Hilton Worldwide, Inc. (HLT - Free Report) currently has an Earnings ESP of +1.54% and a Zacks Rank of 3.

For the to-be-reported quarter, Hilton Worldwide’s earnings are expected to increase 3.6%. Hilton Worldwide reported better-than-expected earnings in each of the trailing four quarters, the average surprise being 4.6%.
2026-07-22 17:33 3d ago
2026-07-22 12:00 4d ago
Whirlpool Corporation to Collaborate with GrowthLoop on Direct-to-Consumer Strategy
WHR Whirlpool
FMP Stock News
Original source text
, /PRNewswire/ -- Whirlpool Corporation, one of the world's most iconic home appliance companies, and GrowthLoop, a pioneer in agentic AI-powered marketing solutions, today announced a partnership to drive growth across the company's KitchenAid Small Appliances portfolio. This partnership supports Whirlpool Corporation's customer engagement strategy and activation on its cloud-native data warehouse.

Whirlpool and GrowthLoop are helping teams activate more effectively, deliver more personalized customer experiences, and maximize the value of cloud data. GrowthLoop helps companies unlock a more complete view of its customers, helping teams better understand consumer preferences and engagement opportunities. The insights support more personalized experiences across a portfolio of brands and products.

"A cloud-native data warehouse is central to modernizing our customer engagement strategy across every brand," said Gokul Nair, CIO for KitchenAid Small Appliances. "Collaborating with companies like GrowthLoop helps us maximize this investment—delivering personalized experiences for our consumers and strong, measurable returns for the business."

For Whirlpool Corporation, GrowthLoop is helping build and activate audiences efficiently while supporting an agile approach to customer engagement and experimentation. Whirlpool Corporation is also using the platform to identify high-value subsegments within broader campaigns, helping teams uncover opportunities for more relevant engagement.

Rather than introducing another siloed marketing platform, GrowthLoop enables Whirlpool Corporation to maximize the value of its existing infrastructure, keeping audience intelligence, activation, and measurement centralized within the warehouse.

"The era of the monolithic marketing cloud is over," said Anthony Rotio, co-founder and co-CEO of GrowthLoop. "Legacy infrastructure is killing speed, and today's marketers need faster access to audience insights and activation."

Whirlpool and GrowthLoop are helping teams activate more effectively, deliver more personalized customer experiences, and maximize the value of cloud data.

About GrowthLoop

GrowthLoop is a pioneer in composable, AI-powered marketing on the data cloud, featured on G2 by its customers as a momentum leader with the best ROI for enterprise. The GrowthLoop agentic composable CDP drives compound growth by accelerating the marketing cycle using agentic AI powered by your enterprise cloud data. Working alongside AI agents, teams use GrowthLoop to translate customer data into precise audiences and activate those audiences across real-time customer journeys, measuring and improving performance through always-on analysis — all with zero data movement. Thousands of marketers at enterprises like Costco, Albertsons, and Ford rely on GrowthLoop to bring their AI strategy to life, grow faster with every experiment, personalize every customer touchpoint, and drive rapidly compounding results.

About Whirlpool Corporation

Whirlpool Corporation (NYSE: WHR) is a leading home appliance company, in constant pursuit of improving life at home. As the only major U.S.-based manufacturer of kitchen and laundry appliances, the company is driving meaningful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator. In 2025, the company reported approximately $16 billion in annual net sales—close to 90% of which were in the Americas—41,000 employees and 35 manufacturing and technology research centers. Additional information about the company can be found at WhirlpoolCorp.com.

Media Contact:
[email protected]

SOURCE GrowthLoop
2026-07-22 15:09 3d ago
2026-07-22 10:16 4d ago
Whirlpool (WHR) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
WHR Whirlpool
FMP Stock News
Original source text
Wall Street analysts expect Whirlpool (WHR - Free Report) to post quarterly earnings of $0.08 per share in its upcoming report, which indicates a year-over-year decline of 94%. Revenues are expected to be $3.61 billion, down 4.5% from the year-ago quarter.

Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 11.9% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.

Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.

While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.

Given this perspective, it's time to examine the average forecasts of specific Whirlpool metrics that are routinely monitored and predicted by Wall Street analysts.

According to the collective judgment of analysts, 'Net Sales- Latin America Major Domestic Appliances' should come in at $907.50 million. The estimate indicates a year-over-year change of +12.6%.

Analysts predict that the 'Net Sales- North America Major Domestic Appliances' will reach $2.42 billion. The estimate indicates a change of -1.1% from the prior-year quarter.

The consensus among analysts is that 'Net Sales- Global Small Domestic Appliances' will reach $226.50 million. The estimate indicates a change of +12.7% from the prior-year quarter.

View all Key Company Metrics for Whirlpool here>>>

Shares of Whirlpool have demonstrated returns of +0.7% over the past month compared to the Zacks S&P 500 composite's +0.3% change. With a Zacks Rank #5 (Strong Sell), WHR is expected to lag the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
2026-07-21 00:40 5d ago
2026-07-20 19:16 5d ago
Whirlpool (WHR) Sees a More Significant Dip Than Broader Market: Some Facts to Know
WHR Whirlpool
FMP Stock News
Original source text
Whirlpool (WHR - Free Report) ended the recent trading session at $36.91, demonstrating a -3.48% change from the preceding day's closing price. This change lagged the S&P 500's daily loss of 0.19%. Meanwhile, the Dow lost 0.59%, and the Nasdaq, a tech-heavy index, lost 0.05%.

The stock of maker of Maytag, KitchenAid and other appliances has fallen by 1.6% in the past month, lagging the Consumer Discretionary sector's gain of 1.02% and the S&P 500's gain of 0.55%.

Market participants will be closely following the financial results of Whirlpool in its upcoming release. It is anticipated that the company will report an EPS of $0.08, marking a 94.03% fall compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $3.61 billion, down 4.45% from the year-ago period.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $1.16 per share and a revenue of $15.02 billion, indicating changes of -81.38% and -3.26%, respectively, from the former year.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Whirlpool. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, there's been a 54.41% fall in the Zacks Consensus EPS estimate. Whirlpool is currently a Zacks Rank #5 (Strong Sell).

Looking at valuation, Whirlpool is presently trading at a Forward P/E ratio of 33.11. For comparison, its industry has an average Forward P/E of 28.5, which means Whirlpool is trading at a premium to the group.

Investors should also note that WHR has a PEG ratio of 33.11 right now. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Household Appliances industry currently had an average PEG ratio of 16.94 as of yesterday's close.

The Household Appliances industry is part of the Consumer Discretionary sector. Currently, this industry holds a Zacks Industry Rank of 102, positioning it in the top 42% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
2026-07-20 22:16 5d ago
2026-07-20 16:05 5d ago
WHIRLPOOL CORPORATION TO ANNOUNCE SECOND-QUARTER RESULTS ON JULY 27TH AND HOLD CONFERENCE CALL ON JULY 28TH
WHR Whirlpool
FMP Stock News
Original source text
, /PRNewswire/ -- Whirlpool Corporation (NYSE: WHR) will release its second-quarter financial results and presentation materials at 4:05 p.m. ET on Monday, July 27th, 2026. Whirlpool Corporation will hold a conference call to discuss its performance with the investment community at 8 a.m. ET on Tuesday, July 28th, 2026.

To participate in the conference call, dial 1 (888) 440-4038 and Conference ID 2610251. International participants should dial 1 (646) 960-0861 and Conference ID 2610251. Participants should dial in at least 10 minutes prior to the call, as they may experience longer than usual wait times.

The conference call will be webcast live on the Company's website at investors.whirlpoolcorp.com and may be accessed by clicking on the "News & Events" tab located at the top of the page, and by clicking on "Events & Presentations". To listen to the live webcast, participants should visit the site at least 15 minutes prior to the conference call to download any required streaming media software. Key financial statistics, the earnings presentation, and an archived recording of the conference call will be available on the Company's website for at least 30 days.

About Whirlpool Corporation
Whirlpool Corporation (NYSE: WHR) is a leading home appliance company, in constant pursuit of improving life at home. As the only major U.S.-based manufacturer of kitchen and laundry appliances, the company is driving meaningful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator. In 2025, the company reported approximately $16 billion in annual net sales - close to 90% of which were in the Americas - 41,000 employees, and 35 manufacturing and technology research centers. Additional information about the company can be found at WhirlpoolCorp.com.

Website Disclosure
We routinely post important information for investors on our website, WhirlpoolCorp.com, in the "Investors" section. We also intend to update the Hot Topics Q&A portion of this webpage as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the Investors section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our webpage is not incorporated by reference into, and is not a part of, this document.

SOURCE Whirlpool Corporation
2026-07-20 15:04 5d ago
2026-07-20 11:01 6d ago
Analysts Estimate Whirlpool (WHR) to Report a Decline in Earnings: What to Look Out for
WHR Whirlpool
FMP Stock News
Original source text
Wall Street expects a year-over-year decline in earnings on lower revenues when Whirlpool (WHR - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.

The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stock may move lower.

While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.

Zacks Consensus EstimateThis maker of Maytag, KitchenAid and other appliances is expected to post quarterly earnings of $0.08 per share in its upcoming report, which represents a year-over-year change of -94%.

Revenues are expected to be $3.61 billion, down 4.5% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 7.13% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Whirlpool?For Whirlpool, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -424.00%.

On the other hand, the stock currently carries a Zacks Rank of #5.

So, this combination makes it difficult to conclusively predict that Whirlpool will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Whirlpool would post earnings of $0.43 per share when it actually produced a loss of -$0.56, delivering a surprise of -230.23%.

Over the last four quarters, the company has beaten consensus EPS estimates just once.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Whirlpool doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
2026-07-15 12:36 11d ago
2026-07-15 06:51 11d ago
As We Enter A Recession, Whirlpool Corporation Will Continue To Face Turbulent Waters (Downgrade)
WHR Whirlpool
FMP Stock News
Original source text
Whirlpool Corporation faces continued fundamental deterioration, with revenue and profitability sharply declining and shares down 59.5% over the past year. Despite aggressive debt reduction and cost-cutting, WHR's organic performance remains weak, pressured by low consumer demand and unfavorable pricing dynamics. Management forecasts further revenue and EBITDA declines in 2026, with persistent macro headwinds and industry-wide demand contraction weighing on the outlook.
2026-07-11 00:39 15d ago
2026-07-10 18:24 15d ago
A Look at Whirlpool Corp (WHR) After 7.5% Gain -- GF Value $81.06 vs Price $40.72
WHR Whirlpool
FMP Stock News
Original source text
On July 10, 2026, Whirlpool Corp (WHR) shares rose 7.5% today, currently trading at $40.72. The stock has experienced significant volatility, with a 52-week ran
2026-07-10 15:04 15d ago
2026-07-10 09:11 16d ago
Why Is Whirlpool Trading Like Housing Never Recovers?
WHR Whirlpool
FMP Stock News
Original source text
Whirlpool is a deeply discounted housing recovery play, trading at 11.4x forward P/E and 0.65x book, with 50% upside to a $57 target. Q2 earnings (July 24) and the FOMC meeting (July 28-29) are near-term catalysts, as WHR's revenues lag existing home sales by 3-6 months. WHR's aggressive pricing, $150M+ cost cuts, and North American market dominance set a new margin floor as demand recovers.
2026-06-30 01:08 26d ago
2026-06-29 19:15 26d ago
Whirlpool (WHR) Stock Slides as Market Rises: Facts to Know Before You Trade
WHR Whirlpool
FMP Stock News
Original source text
In the latest trading session, Whirlpool (WHR - Free Report) closed at $38.00, marking a -2.51% move from the previous day. The stock's change was less than the S&P 500's daily gain of 1.18%. At the same time, the Dow added 0.59%, and the tech-heavy Nasdaq gained 2.07%.

Shares of the maker of Maytag, KitchenAid and other appliances have depreciated by 10.23% over the course of the past month, underperforming the Consumer Discretionary sector's loss of 1.1%, and the S&P 500's loss of 2.9%.

The upcoming earnings release of Whirlpool will be of great interest to investors. The company is predicted to post an EPS of $0.13, indicating a 90.3% decline compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $3.6 billion, down 4.57% from the prior-year quarter.

WHR's full-year Zacks Consensus Estimates are calling for earnings of $1.73 per share and revenue of $15.03 billion. These results would represent year-over-year changes of -72.23% and -3.19%, respectively.

Any recent changes to analyst estimates for Whirlpool should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 31.71% lower. Whirlpool presently features a Zacks Rank of #5 (Strong Sell).

With respect to valuation, Whirlpool is currently being traded at a Forward P/E ratio of 22.53. This represents no noticeable deviation compared to its industry average Forward P/E of 22.53.

It's also important to note that WHR currently trades at a PEG ratio of 22.53. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Household Appliances industry currently had an average PEG ratio of 43.41 as of yesterday's close.

The Household Appliances industry is part of the Consumer Discretionary sector. With its current Zacks Industry Rank of 244, this industry ranks in the bottom 1% of all industries, numbering over 250.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
2026-06-29 10:40 27d ago
2026-06-29 06:08 27d ago
Trump's tariffs aren't saving jobs at Whirlpool's Iowa refrigerator plant
WHR Whirlpool
FMP Stock News
Original source text
If any company stood to gain from President Donald Trump's trade war, it was Whirlpool and the workers assembling its iconic appliances in Iowa.
2026-06-24 15:25 1mo ago
2026-06-24 09:00 1mo ago
AMERICA AT 250, WHIRLPOOL AT 115: The Only American-Owned Kitchen and Laundry Appliance Company Celebrates a Century of Manufacturing, Jobs, and Homegrown Innovation
WHR Whirlpool
FMP Stock News
Original source text
Whirlpool Corporation Kicks Off 115-Year Milestone with Employee Celebrations Across 11 U.S. Manufacturing Communities, Followed by Consumer Activities Leading to Its November 11 Anniversary Date

, /PRNewswire/ -- As America celebrates its 250th anniversary, Whirlpool Corporation is marking its own milestone: 115 years as the only remaining American-owned major kitchen and laundry appliance manufacturer based in the United States. Starting in July with America's birthday, the company will celebrate with its 20,000 U.S. employees who power the company's 11 manufacturing communities and additional corporate offices—and build toward a major consumer campaign to celebrate the company's official anniversary date on November 11.

Over a Century of Improving Life at Home As the only American-owned appliance company, Whirlpool Corporation is proud to commemorate the country's 250-year milestone alongside its consumers. What sets Whirlpool Corporation apart isn't just its longevity. Approximately 80 percent of the major appliances it sells in the U.S. are produced in American factories—three times more than the average of its major competitors. Whirlpool Corporation has doubled down on American workers, American innovation, and American communities, spending $23 billion on U.S. manufacturing, labor, and logistics over the past decade.

Whirlpool Corporation is also proud to be an embedded part of the fabric of the communities where it operates. The company recently celebrated 27 years of work with Habitat for Humanity, donating $160 million and over 260,000 products, including providing a range, refrigerator and garbage disposal for every U.S. Habitat home. The company's additional programs and initiatives such as the United Way, Feel Good Fridge, Care Counts, and work with Boys and Girls Clubs of America, support local community services, provide fresh food access to over 25,000 families in need, address student absenteeism in 160 schools and invest millions in local redevelopment and youth programs. 

"For 115 years—nearly half of this nation's history—Whirlpool Corporation has stayed and invested in American manufacturing, American workers, and American communities," said Marc Bitzer, Chairman and CEO, Whirlpool Corporation. "As America celebrates its 250th anniversary, we're proud to honor our shared legacy with our employees, our partners, and the families who have trusted us to be the heartbeat of their homes since 1911."

In July, Whirlpool Corporation will be kicking off its 115th-anniversary across its manufacturing facilities and corporate offices in Benton Harbor, Mich.; Chicago, Ill.; Amana, Iowa; Cleveland, Tenn.; Fall River, Mass.; Clyde, Findlay, Greenville, Marion, Ottawa, Perrysburg, Ohio; Tulsa, Okla.; and Racine, Wisc.

COMING THIS FALL: A CONSUMER CELEBRATION BUILDING TO NOVEMBER 11

Three-quarters of U.S. households own at least one Whirlpool Corporation product today, including kitchen or laundry appliances from Whirlpool, KitchenAid, Maytag, Amana, JennAir or InSinkErator, according to a third-party survey. *

Whirlpool Corporation will unveil a major consumer-facing campaign in August designed to thank and celebrate consumers and the story of 115 years of consumer-centered innovation. The campaign will build momentum toward November 11—Whirlpool Corporation's official 115th anniversary—with activities that celebrate multi-generational family stories connected to Whirlpool Corporation appliances and the legacy of American manufacturing.

"We are grateful to our consumers who keep choosing our brands time and time again. To be present in three out of four households across the United States means a lot to us and makes us work even harder. The consumer campaign will invite Americans to share special moments, captured by camera, that Whirlpool Corporation brands were part of—whether it's the appliance their grandparents loved, the kitchen their parents cooked in, or the laundry room where they make sure that soccer jersey is ready for the big game day today," Bitzer added. "This is about connection, heritage, and family stories."

About Whirlpool Corporation

Whirlpool Corporation (NYSE: WHR) is a leading home appliance company, in constant pursuit of improving life at home. As the only major U.S.-based manufacturer of kitchen and laundry appliances, the company is driving meaningful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator. In 2025, the company reported approximately $16 billion in annual net sales - close to 90% of which were in the Americas - 41,000 employees, and 35 manufacturing and technology research centers. Additional information about the company can be found at WhirlpoolCorp.com.

*Based on a 2025 independent national survey of U.S. households with $30,000+ household income and owning one or more major kitchen or laundry appliances

SOURCE Whirlpool Corporation
2026-06-15 22:10 1mo ago
2026-06-15 16:15 1mo ago
Whirlpool Announces Pricing of Cash Tender Offer
WHR Whirlpool
FMP Stock News
Original source text
, /PRNewswire/ -- Whirlpool Corporation (NYSE: WHR) ("Whirlpool" or the "Company") announced today the pricing of its previously announced (i) tender offer (the "Tender Offer") to purchase for cash any and all of the outstanding 1.250% Notes due 2026 (the "2026 Notes") and 1.100% Notes due 2027 (the "2027 Notes" and together with the 2026 Notes, the "Notes") of Whirlpool Finance Luxembourg S.à r.l., a private limited liability company (société à responsabilité limitée) organized under the laws of the Grand Duchy of Luxembourg (the "Issuer") and wholly owned subsidiary of the Company, and (ii) solicitation of consents from holders of the 2027 Notes (the "Consent Solicitation") to a proposed amendment (the "Proposed Amendment") to the indenture governing the 2027 Notes, dated as of November 2, 2016 (the "Indenture").

The following table details the Reference Yield, Fixed Spread, Tender Offer Consideration, Early Tender Premium and Total Consideration (each as defined in the Offer to Purchase and Consent Solicitation Statement (as defined below)) for each series of Notes.

Title of Notes

ISIN/Common
Code(1)

Reference
Yield

Fixed
Spread

Tender Offer
Consideration(2)(3)

Early Tender
Premium(2)

Total
Consideration
(2) (3)(4)(5)

1.250% Notes
due 2026

XS1514149159 /

151414915

2.345 %

50 bps

€944.09

€50.00

€994.09

1.100% Notes
due 2027

XS1716616179 /
171661617

2.534 %

50 bps

€923.94

€50.00

€973.94

(1)

No representation is made as to the correctness or accuracy of the ISINs or Common Codes listed in this release and the Offer to Purchase and Consent Solicitation Statement or printed on the Notes. They are provided solely for the convenience of holders of the Notes.

(2)

Per €1,000 principal amount of Notes tendered and accepted for purchase.

(3)

Excludes accrued and unpaid interest from the last date on which interest has been paid to, but excluding, the Early Settlement Date or the Final Settlement Date (each as defined below), as applicable, that will be paid on the Notes accepted for purchase.

(4)

Includes the Early Tender Premium.

(5)

The Total Consideration in respect of each series of Notes was calculated at or around 4:00 p.m., Central European time (10:00 a.m., New York City time), today in accordance with standard market practice, as described in the Offer to Purchase and Consent Solicitation Statement.

The Company has elected to exercise its right to make payment for Notes that were validly tendered at or prior to 5:00 p.m., Central European time (11:00 a.m., New York City time), on June 12, 2026 (the "Early Tender Expiration") and that are accepted for purchase on or about June 18, 2026 (the "Early Settlement Date"). Each holder of the Notes (each, a "Holder" and collectively, the "Holders") who validly tendered and did not validly withdraw its Notes at or prior to the Early Tender Expiration and whose Notes are accepted for purchase will be entitled to receive the Total Consideration (as set forth in the table above), which includes the Early Tender Premium (as set forth in the table above), together with accrued and unpaid interest, if any, from and including the last date on which interest has been paid to, but excluding, the Early Settlement Date on the Notes accepted for purchase.

In connection with the Tender Offer and Consent Solicitation, the Company is expected to consummate an offering of $2.0 billion aggregate principal amount of senior secured notes (the "Financing Transaction"), consisting of $1.0 billion in aggregate principal amount of 7.500% Senior Secured Second Lien Notes due 2031 and $1.0 billion in aggregate principal amount of 7.875% Senior Secured Second Lien Notes due 2034 on or about June 16, 2026. The Company expects to use a portion of the net proceeds from the Financing Transaction to pay the applicable consideration for all tendered Notes, plus accrued interest and all related fees and expenses.

The Company will continue to accept Notes tendered after the Early Tender Expiration. The Tender Offer and the Consent Solicitation will expire at 5:00 p.m., Central European time (11:00 a.m., New York City time), on June 30, 2026, unless extended by the Company in its sole discretion (such time and date, as the same may be extended, the "Expiration Time"). Holders of Notes who validly tender their Notes following the Early Tender Expiration and at or prior to the Expiration Time will be entitled to receive the Tender Offer Consideration. No tenders submitted after the Expiration Time will be valid. Payment for the Notes that are validly tendered at or prior to the Expiration Time and that are accepted for purchase will be made on a date promptly following the Expiration Time, which is currently anticipated to be July 6, 2026, the third business day following the Expiration Time (the "Final Settlement Date").

The terms and conditions of the Tender Offer and the Consent Solicitation are described in an Offer to Purchase and Consent Solicitation Statement, dated June 1, 2026 (the "Offer to Purchase and Consent Solicitation Statement"). The Tender Offer and Consent Solicitation are subject to the satisfaction or waiver of certain conditions set forth in the Offer to Purchase and Consent Solicitation Statement.

The Company reserves the right to terminate or extend the Tender Offer or the Consent Solicitation if any condition to the Tender Offer or the Consent Solicitation is not satisfied (or otherwise in its sole discretion), and to amend the Tender Offer or the Consent Solicitation in any respect.

Citigroup Global Markets Inc. is the dealer manager and solicitation agent (the "Dealer Manager") in the Tender Offer and the Consent Solicitation. Global Bondholder Services Corporation has been retained to serve as the tender and information agent (the "Tender and Information Agent") for the Tender Offer and the Consent Solicitation. Questions regarding the Tender Offer and the Consent Solicitation should be directed to Citigroup Global Markets Inc. by telephone at +1 (212) 723-6106 (call collect) or +1 (800) 558-3745 (toll-free). Requests for copies of the Offer to Purchase and Consent Solicitation Statement and other related materials should be directed to Global Bondholder Services Corporation by telephone at (212) 430-3774 (bankers and brokers, call collect) or (855) 654-2014 (all other, toll-free); or by email at [email protected].

None of the Company, its board of directors, the Dealer Manager, the Tender and Information Agent, the trustee under the Indenture, or any of their respective affiliates, makes any recommendation as to whether any Holder should tender or deliver, or refrain from tendering or delivering, any or all of such Holder's Notes, and none of the Company nor any of its affiliates has authorized any person to make any such recommendation. Holders must make their own decision as to whether to tender any of their Notes and, if so, the principal amounts of Notes to tender. If any Holder is in any doubt as to the contents of this release, or the Offer to Purchase and Consent Solicitation Statement, or the action it should take, the Holder should seek its own financial and legal advice, including in respect of any tax consequences, immediately from its stockbroker, bank manager, solicitor, accountant, or other independent financial, tax, or legal adviser. The Tender Offer and the Consent Solicitation are made only by the Offer to Purchase and Consent Solicitation Statement. Holders are urged to read the Offer to Purchase and Consent Solicitation Statement carefully before making any decision with respect to the Tender Offer or the Consent Solicitation. The Offer to Purchase and Consent Solicitation Statement contains important information that should be read carefully before any decision is made with respect to the Tender Offer or the Consent Solicitation. This release does not describe all the material terms of the Tender Offer or the Consent Solicitation, and no decision should be made by any Holder on the basis of this release. The terms and conditions of the Tender Offer are described in the Offer to Purchase and Consent Solicitation Statement, and this release must be read in conjunction with the Offer to Purchase and Consent Solicitation Statement. The Tender Offer and the Consent Solicitation are not being made to Holders of Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. In any jurisdiction where the securities, blue sky or other laws require the Tender Offer and the Consent Solicitation to be made by a licensed broker or dealer, the Tender Offer and the Consent Solicitation will be deemed to be made on behalf of the Company by the Dealer Manager or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction. Any individual or entity whose Notes are held on its behalf by a broker, dealer, bank, custodian, trust company, or other nominee must contact such entity if it wishes to tender such Notes pursuant to the Tender Offer.

This release does not constitute an offer to sell or a solicitation of an offer to buy these securities, nor does it constitute an offer, solicitation or sale of these securities, in any jurisdiction in which such offer, solicitation or sale is unlawful.

ABOUT WHIRLPOOL CORPORATION

Whirlpool Corporation (NYSE: WHR) is a leading home appliance company, in constant pursuit of improving life at home. As the only major U.S.-based manufacturer of kitchen and laundry appliances, the company is driving meaningful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator. In 2025, the company reported approximately $16 billion in annual net sales—close to 90% of which were in the Americas—41,000 employees and 35 manufacturing and technology research centers.

WEBSITE DISCLOSURE

We routinely post important information for investors on our website, WhirlpoolCorp.com, in the "Investors" section. We also intend to update the "Hot Topics Q&A" portion of this webpage as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the "Investors" section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our webpage is not incorporated by reference into, and is not a part of, this document.

WHIRLPOOL ADDITIONAL INFORMATION

The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made by us or on our behalf. Certain statements contained in this document do not relate strictly to historical or current facts and may contain forward-looking statements that reflect our current views with respect to future events and financial performance. As such, they are considered "forward-looking statements" which provide current expectations or forecasts of future events. Such statements can be identified by the use of terminology such as "may," "could," "will," "should," "possible," "plan," "predict," "forecast," "potential," "anticipate," "estimate," "expect," "project," "intend," "believe," "may impact," "on track," "guarantee," "seek," and the negative of these words and words and terms of similar substance. Examples of forward-looking statements include, but are not limited to, statements relating to the expected timing and terms of the Tender Offer, our ability to complete the Tender Offer and, with respect to the 2027 Notes, the Consent Solicitation on the anticipated timeline or at all, as well as any other statement that does not directly relate to any historical or current fact. These forward-looking statements should be considered with the understanding that such statements involve a variety of risks and uncertainties, known and unknown, and may be affected by inaccurate assumptions. Consequently, no forward-looking statement can be guaranteed and actual results may vary materially.

Many risks, contingencies and uncertainties could cause actual results to differ materially from Whirlpool's forward-looking statements. Among these factors are: (1) intense competition in the home appliance industry, and the impact of the changing retail environment, including direct-to-consumer sales; (2) Whirlpool's ability to maintain or increase sales to significant trade customers and builders; (3) Whirlpool's ability to maintain its reputation and brand image; (4) Whirlpool's ability to achieve its business objectives and successfully manage its strategic portfolio transformation and outsourced business unit service model; (5) Whirlpool's ability to understand consumer preferences and successfully develop new products; (6) Whirlpool's ability to obtain and protect intellectual property rights; (7) acquisition, divestiture, and investment-related risks, including risks associated with our past transactions; (8) the ability of suppliers of critical parts, components and manufacturing equipment to deliver sufficient quantities to Whirlpool in a timely and cost-effective manner; (9) risks related to Whirlpool's international operations; (10) Whirlpool's ability to respond to unanticipated social, political and/or economic events, including epidemics/pandemics; (11)  information technology system and cloud failures, data security breaches, data privacy compliance, network disruptions, and cybersecurity attacks; (12) product liability and product recall costs; (13) Whirlpool's ability to attract, develop and retain executives and other qualified employees; (14) the impact of labor relations; (15) fluctuations in the cost of key materials (including steel, resins, and base metals) and components and the ability of Whirlpool to offset cost increases; (16) Whirlpool's ability to manage foreign currency fluctuations; (17) impacts from goodwill, intangible asset and/or inventory impairment charges; (18) health care cost trends, regulatory changes and variations between results and estimates that could increase future funding obligations for pension and postretirement benefit plans; (19) impacts from credit rating agency downgrades; (20) litigation, tax, and legal compliance risk and costs; (21) the effects and costs of governmental investigations or related actions by third parties; (22) changes in the legal and regulatory environment including environmental, health and safety regulations, data privacy, taxes and AI; (23) the impacts of changes in foreign trade policies, including tariffs; (24) Whirlpool's ability to respond to the impact of climate change and climate change or other environmental regulation; (25) the uncertain global economy and changes in economic conditions; (26) financing and liquidity uncertainty including payment of dividends on our 8.50% Mandatory Convertible Preferred Stock; (27) the dilutive effect of conversion and potential dividend payments in common stock for our 8.50% Mandatory Convertible Preferred Stock; (28) the liquidation preference of our 8.50% Mandatory Convertible Preferred Stock above our common stock; and (29) reduced operational flexibility and liquidity under our ABL Credit Facility. Except as required by law, we undertake no obligation to update any forward-looking statement, and investors are advised to review disclosures in our filings with the SEC. It is not possible to foresee or identify all factors that could cause actual results to differ from expected or historic results. Therefore, investors should not consider the foregoing factors to be an exhaustive statement of all risks, uncertainties, or factors that could potentially cause actual results to differ from forward-looking statements. Additional information concerning these factors can be found in our periodic filings with the SEC, including our most recent Annual Report on Form 10-K, as updated by our quarterly reports on Form 10-Q, current reports on Form 8-K and other filings we make with the SEC.

European Economic Area

Neither this Tender Offer, the Consent Solicitation, nor any other transaction set forth in the Offer to Purchase and Consent Solicitation Statement constitutes a non-exempt offer of securities to the public within the meaning of the EU Prospectus Regulation and the Tender Offer and Consent Solicitation are not subject to the obligation to publish a prospectus under the EU Prospectus Regulation. The Offer to Purchase and Consent Solicitation Statement is not a prospectus for the purposes of the EU Prospectus Regulation.

General

None of the Offer to Purchase and Consent Solicitation Statement, this announcement or the electronic transmission thereof constitutes an offer to buy or the solicitation of an offer to sell Notes (and tenders of Notes for purchase pursuant to the Tender Offer will not be accepted from Holders) in any circumstances in which such offer or solicitation is unlawful. In those jurisdictions where the securities, blue sky or other laws require the Tender Offer or Consent Solicitation to be made by a licensed broker or dealer and a dealer manager or any of its respective affiliates is such a licensed broker or dealer in any such jurisdiction, the Tender Offer or Consent Solicitation shall be deemed to be made by the respective dealer manager or such affiliates, as the case may be, on behalf of the Company in such jurisdiction. Neither the Tender Offer, the Consent Solicitation nor our website may be used for, or in connection with, any invitation to anyone in any jurisdiction or under any circumstances in which such invitation is not authorized or is unlawful.

SOURCE Whirlpool Corporation
2026-06-13 00:21 1mo ago
2026-06-12 18:20 1mo ago
Whirlpool Announces Cash Tender Offer Early Results
WHR Whirlpool
FMP Stock News
Original source text
, /PRNewswire/ -- Whirlpool Corporation (NYSE: WHR) ("Whirlpool" or the "Company") is releasing early results as of 5:00 p.m., Central European time (11:00 a.m., New York City time), on June 12, 2026 (the "Early Tender Expiration"), of its previously announced (i) tender offer (the "Tender Offer") to purchase for cash any and all of the outstanding 1.250% Notes due 2026 (the "2026 Notes") and 1.100% Notes due 2027 (the "2027 Notes" and together with the 2026 Notes, the "Notes") of Whirlpool Finance Luxembourg S.à r.l., a private limited liability company (société à responsabilité limitée) organized under the laws of the Grand Duchy of Luxembourg (the "Issuer") and wholly owned subsidiary of the Company, and (ii) solicitation of consents from holders of the 2027 Notes (the "Consent Solicitation") to a proposed amendment (the "Proposed Amendment") to the indenture governing the 2027 Notes, dated as of November 2, 2016 (the "Indenture").

The following table details the aggregate principal amount of Notes validly tendered and not validly withdrawn at or prior to the Early Tender Expiration, according to information provided by the Tender and Information Agent.

Title of Notes

ISIN/Common Code(1)

Aggregate
Principal
Amount
Outstanding (2)

Aggregate
Principal
Amount
Tendered at
the Early
Tender
Expiration

Percent of
Outstanding
Principal Amount
Tendered at the
Early Tender
Expiration

1.250% Notes
due 2026

XS1514149159 /

151414915

€500,000,000

€365,313,000

73.06 %

1.100% Notes
due 2027

XS1716616179 /
171661617

€600,000,000

€546,715,000

91.12 %

(1)

No representation is made as to the correctness or accuracy of the ISINs or Common Codes listed in this release and the Offer to Purchase and Consent Solicitation Statement (as defined below) or printed on the Notes. They are provided solely for the convenience of holders of the Notes.

(2)

As of May 29, 2026.

The withdrawal deadline for the Tender Offer expired at 5:00 p.m., Central European time (11:00 a.m., New York City time), on June 12, 2026 (the "Withdrawal Time"). As a result, tendered Notes may no longer be withdrawn.

The Company has elected to exercise its right to make payment for Notes that were validly tendered at or prior to the Early Tender Expiration and that are accepted for purchase on or about June 18, 2026 (the "Early Settlement Date"). Each holder of the Notes (each, a "Holder" and collectively, the "Holders") who validly tendered and did not validly withdraw its Notes at or prior to the Early Tender Expiration and whose Notes are accepted for purchase will be entitled to receive the Total Consideration, which includes the Early Tender Premium (each as defined in the Offer to Purchase and Consent Solicitation Statement), together with accrued and unpaid interest, if any, from and including the last date on which interest has been paid to, but excluding, the Early Settlement Date on the Notes accepted for purchase. The Total Consideration for each series of Notes accepted for purchase will be determined at or around 4:00 p.m., Central European time (10:00 a.m., New York City time), on June 15, 2026 (the "Price Determination Date") in accordance with standard market practice and as described in the Offer to Purchase and Consent Solicitation Statement.

The Company will announce the Total Consideration for each series of Notes as soon as reasonably practicable after the Price Determination Date.

In connection with the Tender Offer and Consent Solicitation, the Company is expected to consummate an offering of $2.0 billion aggregate principal amount of senior secured notes (the "Financing Transaction"), consisting of $1.0 billion in aggregate principal amount of 7.500% Senior Secured Second Lien Notes due 2031 and $1.0 billion in aggregate principal amount of 7.875% Senior Secured Second Lien Notes due 2034 on or about June 16, 2026. The Company expects to use a portion of the net proceeds from the Financing Transaction to pay the applicable consideration for all tendered Notes, plus accrued interest and all related fees and expenses.

As a result of receiving the requisite consents in the Consent Solicitation to adopt the Proposed Amendment, the Company, the Issuer and U.S. Bank Trust Company, National Association, as successor-in-interest to U.S. Bank National Association, as trustee (the "Trustee"), will enter into a supplemental indenture to the Indenture (the "Supplemental Indenture") giving effect to the Proposed Amendment. The Proposed Amendment will not become operative unless and until the Company purchases all 2027 Notes validly tendered (and not validly withdrawn) in the Tender Offer. Upon becoming operative, the Proposed Amendment will apply to all Holders of the 2027 Notes.

The Company will continue to accept Notes tendered after the Early Tender Expiration. The Tender Offer and the Consent Solicitation will expire at 5:00 p.m., Central European time (11:00 a.m., New York City time), on June 30, 2026, unless extended by the Company in its sole discretion (such time and date, as the same may be extended, the "Expiration Time"). Holders of Notes who validly tender their Notes following the Early Tender Expiration and at or prior to the Expiration Time will be entitled to receive the Tender Offer Consideration. No tenders submitted after the Expiration Time will be valid. Payment for the Notes that are validly tendered at or prior to the Expiration Time and that are accepted for purchase will be made on a date promptly following the Expiration Time, which is currently anticipated to be July 6, 2026, the third business day following the Expiration Time (the "Final Settlement Date").

The terms and conditions of the Tender Offer and the Consent Solicitation are described in an Offer to Purchase and Consent Solicitation Statement, dated June 1, 2026 (the "Offer to Purchase and Consent Solicitation Statement"). The Tender Offer and Consent Solicitation are subject to the satisfaction or waiver of certain conditions set forth in the Offer to Purchase and Consent Solicitation Statement.

The Company reserves the right to terminate or extend the Tender Offer or the Consent Solicitation if any condition to the Tender Offer or the Consent Solicitation is not satisfied (or otherwise in its sole discretion), and to amend the Tender Offer or the Consent Solicitation in any respect.

Citigroup Global Markets Inc. is the dealer manager and solicitation agent (the "Dealer Manager") in the Tender Offer and the Consent Solicitation. Global Bondholder Services Corporation has been retained to serve as the tender and information agent (the "Tender and Information Agent") for the Tender Offer and the Consent Solicitation. Questions regarding the Tender Offer and the Consent Solicitation should be directed to Citigroup Global Markets Inc. by telephone at +1 (212) 723-6106 (call collect) or +1 (800) 558-3745 (toll-free). Requests for copies of the Offer to Purchase and Consent Solicitation Statement and other related materials should be directed to Global Bondholder Services Corporation by telephone at (212) 430-3774 (bankers and brokers, call collect) or (855) 654-2014 (all other, toll-free); or by email at [email protected].

None of the Company, its board of directors, the Dealer Manager, the Tender and Information Agent, the trustee under the Indenture, or any of their respective affiliates, makes any recommendation as to whether any Holder should tender or deliver, or refrain from tendering or delivering, any or all of such Holder's Notes, and none of the Company nor any of its affiliates has authorized any person to make any such recommendation. Holders must make their own decision as to whether to tender any of their Notes and, if so, the principal amounts of Notes to tender. If any Holder is in any doubt as to the contents of this release, or the Offer to Purchase, or the action it should take, the Holder should seek its own financial and legal advice, including in respect of any tax consequences, immediately from its stockbroker, bank manager, solicitor, accountant, or other independent financial, tax, or legal adviser. The Tender Offer and the Consent Solicitation are made only by the Offer to Purchase and Consent Solicitation Statement. Holders are urged to read the Offer to Purchase and Consent Solicitation Statement carefully before making any decision with respect to the Tender Offer or the Consent Solicitation. The Offer to Purchase and Consent Solicitation Statement contains important information that should be read carefully before any decision is made with respect to the Tender Offer or the Consent Solicitation. This release does not describe all the material terms of the Tender Offer or the Consent Solicitation, and no decision should be made by any Holder on the basis of this release. The terms and conditions of the Tender Offer are described in the Offer to Purchase and Consent Solicitation Statement, and this release must be read in conjunction with the Offer to Purchase and Consent Solicitation Statement. The Tender Offer and the Consent Solicitation are not being made to Holders of Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. In any jurisdiction where the securities, blue sky or other laws require the Tender Offer and the Consent Solicitation to be made by a licensed broker or dealer, the Tender Offer and the Consent Solicitation will be deemed to be made on behalf of the Company by the Dealer Manager or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction. Any individual or entity whose Notes are held on its behalf by a broker, dealer, bank, custodian, trust company, or other nominee must contact such entity if it wishes to tender such Notes pursuant to the Tender Offer.

This release does not constitute an offer to sell or a solicitation of an offer to buy these securities, nor does it constitute an offer, solicitation or sale of these securities, in any jurisdiction in which such offer, solicitation or sale is unlawful.

ABOUT WHIRLPOOL CORPORATION

Whirlpool Corporation (NYSE: WHR) is a leading home appliance company, in constant pursuit of improving life at home. As the only major U.S.-based manufacturer of kitchen and laundry appliances, the company is driving meaningful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator. In 2025, the company reported approximately $16 billion in annual net sales—close to 90% of which were in the Americas—41,000 employees and 35 manufacturing and technology research centers.

WEBSITE DISCLOSURE

We routinely post important information for investors on our website, WhirlpoolCorp.com, in the "Investors" section. We also intend to update the "Hot Topics Q&A" portion of this webpage as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the "Investors" section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our webpage is not incorporated by reference into, and is not a part of, this document.

WHIRLPOOL ADDITIONAL INFORMATION

The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made by us or on our behalf. Certain statements contained in this document do not relate strictly to historical or current facts and may contain forward-looking statements that reflect our current views with respect to future events and financial performance. As such, they are considered "forward-looking statements" which provide current expectations or forecasts of future events. Such statements can be identified by the use of terminology such as "may," "could," "will," "should," "possible," "plan," "predict," "forecast," "potential," "anticipate," "estimate," "expect," "project," "intend," "believe," "may impact," "on track," "guarantee," "seek," and the negative of these words and words and terms of similar substance. Examples of forward-looking statements include, but are not limited to, statements relating to the expected timing and terms of the Tender Offer, our ability to complete the Tender Offer and, with respect to the 2027 Notes, the Consent Solicitation on the anticipated timeline or at all, as well as any other statement that does not directly relate to any historical or current fact. These forward-looking statements should be considered with the understanding that such statements involve a variety of risks and uncertainties, known and unknown, and may be affected by inaccurate assumptions. Consequently, no forward-looking statement can be guaranteed and actual results may vary materially.

Many risks, contingencies and uncertainties could cause actual results to differ materially from Whirlpool's forward-looking statements. Among these factors are: (1) intense competition in the home appliance industry, and the impact of the changing retail environment, including direct-to-consumer sales; (2) Whirlpool's ability to maintain or increase sales to significant trade customers and builders; (3) Whirlpool's ability to maintain its reputation and brand image; (4) Whirlpool's ability to achieve its business objectives and successfully manage its strategic portfolio transformation and outsourced business unit service model; (5) Whirlpool's ability to understand consumer preferences and successfully develop new products; (6) Whirlpool's ability to obtain and protect intellectual property rights; (7) acquisition, divestiture, and investment-related risks, including risks associated with our past transactions; (8) the ability of suppliers of critical parts, components and manufacturing equipment to deliver sufficient quantities to Whirlpool in a timely and cost-effective manner; (9) risks related to Whirlpool's international operations; (10) Whirlpool's ability to respond to unanticipated social, political and/or economic events, including epidemics/pandemics; (11)  information technology system and cloud failures, data security breaches, data privacy compliance, network disruptions, and cybersecurity attacks; (12) product liability and product recall costs; (13) Whirlpool's ability to attract, develop and retain executives and other qualified employees; (14) the impact of labor relations; (15) fluctuations in the cost of key materials (including steel, resins, and base metals) and components and the ability of Whirlpool to offset cost increases; (16) Whirlpool's ability to manage foreign currency fluctuations; (17) impacts from goodwill, intangible asset and/or inventory impairment charges; (18) health care cost trends, regulatory changes and variations between results and estimates that could increase future funding obligations for pension and postretirement benefit plans; (19) impacts from credit rating agency downgrades; (20) litigation, tax, and legal compliance risk and costs; (21) the effects and costs of governmental investigations or related actions by third parties; (22) changes in the legal and regulatory environment including environmental, health and safety regulations, data privacy, taxes and AI; (23) the impacts of changes in foreign trade policies, including tariffs; (24) Whirlpool's ability to respond to the impact of climate change and climate change or other environmental regulation; (25) the uncertain global economy and changes in economic conditions; (26) financing and liquidity uncertainty including payment of dividends on our 8.50% Mandatory Convertible Preferred Stock; (27) the dilutive effect of conversion and potential dividend payments in common stock for our 8.50% Mandatory Convertible Preferred Stock; (28) the liquidation preference of our 8.50% Mandatory Convertible Preferred Stock above our common stock; and (29) reduced operational flexibility and liquidity under our ABL Credit Facility. Except as required by law, we undertake no obligation to update any forward-looking statement, and investors are advised to review disclosures in our filings with the SEC. It is not possible to foresee or identify all factors that could cause actual results to differ from expected or historic results. Therefore, investors should not consider the foregoing factors to be an exhaustive statement of all risks, uncertainties, or factors that could potentially cause actual results to differ from forward-looking statements. Additional information concerning these factors can be found in our periodic filings with the SEC, including our most recent Annual Report on Form 10-K, as updated by our quarterly reports on Form 10-Q, current reports on Form 8-K and other filings we make with the SEC.

European Economic Area

Neither this Tender Offer, the Consent Solicitation, nor any other transaction set forth in the Offer to Purchase and Consent Solicitation Statement constitutes a non-exempt offer of securities to the public within the meaning of the EU Prospectus Regulation and the Tender Offer and Consent Solicitation are not subject to the obligation to publish a prospectus under the EU Prospectus Regulation. The Offer to Purchase and Consent Solicitation Statement is not a prospectus for the purposes of the EU Prospectus Regulation.

General

None of the Offer to Purchase and Consent Solicitation Statement, this announcement or the electronic transmission thereof constitutes an offer to buy or the solicitation of an offer to sell Notes (and tenders of Notes for purchase pursuant to the Tender Offer will not be accepted from Holders) in any circumstances in which such offer or solicitation is unlawful. In those jurisdictions where the securities, blue sky or other laws require the Tender Offer or Consent Solicitation to be made by a licensed broker or dealer and a dealer manager or any of its respective affiliates is such a licensed broker or dealer in any such jurisdiction, the Tender Offer or Consent Solicitation shall be deemed to be made by the respective dealer manager or such affiliates, as the case may be, on behalf of the Company in such jurisdiction. Neither the Tender Offer, the Consent Solicitation nor our website may be used for, or in connection with, any invitation to anyone in any jurisdiction or under any circumstances in which such invitation is not authorized or is unlawful.

SOURCE Whirlpool Corporation
2026-06-13 00:21 1mo ago
2026-06-12 19:16 1mo ago
Why Whirlpool (WHR) Outpaced the Stock Market Today
WHR Whirlpool
FMP Stock News
Original source text
In the latest close session, Whirlpool (WHR - Free Report) was up +1.13% at $42.89. This change outpaced the S&P 500's 0.5% gain on the day. At the same time, the Dow added 0.7%, and the tech-heavy Nasdaq gained 0.31%.

Prior to today's trading, shares of the maker of Maytag, KitchenAid and other appliances had lost 0.28% lagged the Consumer Discretionary sector's gain of 1.82% and the S&P 500's loss of 0.23%.

Market participants will be closely following the financial results of Whirlpool in its upcoming release. The company is forecasted to report an EPS of $0.28, showcasing a 79.1% downward movement from the corresponding quarter of the prior year. In the meantime, our current consensus estimate forecasts the revenue to be $3.55 billion, indicating a 5.95% decline compared to the corresponding quarter of the prior year.

For the full year, the Zacks Consensus Estimates are projecting earnings of $2.53 per share and revenue of $14.95 billion, which would represent changes of -59.39% and -3.68%, respectively, from the prior year.

It's also important for investors to be aware of any recent modifications to analyst estimates for Whirlpool. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. At present, Whirlpool boasts a Zacks Rank of #5 (Strong Sell).

Looking at valuation, Whirlpool is presently trading at a Forward P/E ratio of 16.74. This signifies a premium in comparison to the average Forward P/E of 15.75 for its industry.

We can also see that WHR currently has a PEG ratio of 16.74. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Household Appliances was holding an average PEG ratio of 16.74 at yesterday's closing price.

The Household Appliances industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 244, which puts it in the bottom 1% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
2026-06-12 14:00 1mo ago
2026-05-14 07:30 2mo ago
Trump Wants Rate Cuts. The Data Just Made That Nearly Impossible.
WHR Whirlpool
FMP Stock News
Original source text
© Alex Wong / Getty Images News via Getty Images

The President wants rate cuts. His pick is set to take the chair at the Federal Reserve. Futures markets have spent weeks pricing in easing. Then the Bureau of Labor Statistics released the April Consumer Price Index report, and the door slammed shut.

Headline CPI rose 3.8% year-over-year in April, up from 3.3% in March, the highest reading since 2023. Core CPI accelerated to 2.8% year-over-year, with the monthly reading doubling to 0.4% from 0.2%. The Fed’s preferred gauge tells the same story: headline Personal Consumption Expenditures inflation hit 3.5% year-over-year in March, with core PCE at 3.2%, both well above the 2% target the Fed has now missed for five consecutive years.

The Energy Shock the Fed Can’t Ignore The proximate culprit is oil. West Texas Intermediate crude trades at $101.56 per barrel, near the upper end of its 12-month range and up from a December low of $55.44. The Strait of Hormuz remains effectively closed despite a two-week ceasefire. Energy accounted for over 40% of April’s monthly CPI rise, with energy costs up roughly 4% in April after an 11% gain in March. Gasoline rose 21% in March alone, the largest monthly increase in BLS data going back to 1967.

The Fed could write off energy as transitory if the rest of the basket cooperated, but the rest of the basket is heating up too. Grocery prices rose 0.5% and dining out rose 0.7% in April, the biggest monthly jumps since late 2025. Airfares climbed 2.8%. Shelter inflation accelerated to 0.6% from 0.3%. Services inflation has held in the 3.3% to 3.6% range for months, the stickiest piece of the pie and the one that responds least to rate policy.

Meanwhile the employment side of the dual mandate offers no cover. Unemployment sits at 4.3%, unchanged for two months and within a remarkably tight 4.1% to 4.5% band over the past year. A labor market this stable provides zero urgency for emergency easing. The bond market has noticed: the 10-year Treasury yield has climbed from 3.97% in late February to 4.46% on May 12, a clear vote against near-term cuts.

The K-Shaped Economy Under the Hood The headline economy looks resilient. Underneath, lower-income households are absorbing the entire shock. The personal savings rate fell to 3.6% in March, the lowest since the revenge-spending period of 2022. University of Michigan consumer sentiment dropped to 53.3 in March, sitting in the 27th percentile of the past year and well below the 80 threshold associated with optimism.

Corporate America is saying it plainly. Kraft Heinz (NASDAQ:KHC | KHC Price Prediction) CEO Steve Cahillane told Bloomberg that customers are “literally running out of money at the end of the month” and that the company is “seeing negative cash flows in the lower-income brackets where they’re dipping into savings.” McDonald’s (NYSE:MCD) CEO Christopher Kempczinski flagged that rising gas prices are disproportionately hitting low-income consumers and that pressure is “going to continue.” Whirlpool (NYSE:WHR) CEO Marc Bitzer compared the appliance industry’s decline to the financial crisis. New York Fed research found households earning under $40,000 cut gasoline purchases by 7% in March yet still spent 12% more on gas. Walmart (NYSE:WMT) told investors in February that “wallets are stretched” for households under $50,000.

What to Watch The Fed is holding because the data won’t let it move, not because of politics — and that distinction matters. The funds rate has been parked at 3.75% since December 11, after 75 basis points of cuts last fall. The signal to watch this summer is whether energy bleeds further into core goods and services. If June and July CPI reports show pass-through into airfares, food away from home, and shelter, the political fight over the chair gets considerably uglier.
2026-06-12 14:00 1mo ago
2026-05-14 09:13 2mo ago
Grocery and Restaurant Prices Post Biggest Jump Since 2022
WHR Whirlpool
FMP Stock News
Original source text
© virginiaretail / Flickr

Grocery prices jumped 0.5% in April and restaurant menu prices climbed 0.7%, the biggest monthly moves in either category since late 2025. Before that, you would have to go back to 2022 to find a hotter print.

The April CPI report, released Tuesday by the BLS, showed headline inflation running at 3.8% year over year, up from 3.3% in March, the highest reading since 2023. Core CPI accelerated to 2.8%. Energy alone drove more than 40% of the monthly increase, as the Iran war and the standstill in the Strait of Hormuz keep bleeding into food, logistics, and dining costs.

The K-Shaped Squeeze The personal savings rate fell to 3.6% in March, and University of Michigan consumer sentiment hit its lowest reading dating back to 1952. Kraft Heinz (NASDAQ:KHC | KHC Price Prediction) CEO Steve Cahillane told Bloomberg lower-income shoppers are “literally running out of money at the end of the month.” McDonald’s (NYSE:MCD) CEO Chris Kempczinski warned “the pressures there are going to continue.” Whirlpool (NYSE:WHR) CEO Marc Bitzer said the appliance industry is seeing a decline on par with the financial crisis. Whirlpool shares are down 41.34% year to date.

The Profit Angle The barbell trade is back. Walmart (NYSE:WMT) has captured share across income tiers, with Walmart U.S. comp sales up 4.6% and the stock up 18.48% year to date. Its earnings report later this month is the next bellwether. Meanwhile, Kraft Heinz is committing $600 million to defend volumes that keep slipping. Watch the ceasefire, gasoline pass-through, and a Fed boxed in by sticky inflation and a still-resilient labor market.
2026-06-12 14:00 1mo ago
2026-05-14 20:15 2mo ago
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Whirlpool Corporation - WHR
WHR Whirlpool
FMP Stock News
Original source text
, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Whirlpool Corporation ("Whirlpool" or the "Company") (NYSE: WHR). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Whirlpool and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On May 6, 2026, Whirlpool reported its first quarter 2026 financial results and provided its full-year 2026 outlook.  Among other things, the Company disclosed net sales of $3.273 billion, compared to $3.621 billion in the prior-year period, representing a decrease of 9.6%.  Whirlpool also disclosed GAAP net earnings (loss) available to Whirlpool common shareholders of $(85) million, compared to GAAP net earnings of $71 million in the prior-year period.  The Company reported that MDA North America net sales declined 7.5% year-over-year, while segment EBIT declined to $6 million from $149 million in the prior-year period.  MDA North America EBIT margin declined to 0.3%, compared to 6.2% in the prior-year period.  Whirlpool stated that, excluding currency, MDA North America net sales decreased 7.8% year-over-year, driven by "lower volume resulting from a significant industry decline" and "unfavorable price/mix as the Supreme Court's IEEPA ruling and anticipated refunds disrupted the industry pricing."  The Company also disclosed that EBIT margin was pressured by volume decline, unfavorable price/mix, and higher costs incurred to reduce inventory levels, partially offset by tariff recovery and mitigation actions.  For full-year 2026, Whirlpool stated that it expects net sales of approximately $15.0 billion, GAAP earnings per diluted share of $2.45 to $2.95, and ongoing earnings per diluted share of $3.00 to $3.50.  Whirlpool also disclosed a "common dividend suspension as we prioritize debt paydown." 

On this news, Whirlpool's stock price fell $6.52 per share, or 11.91%, to close at $48.21 per share on May 7, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes. 

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

SOURCE Pomerantz LLP
2026-06-12 14:00 1mo ago
2026-05-17 13:43 2mo ago
Worried About a Recession? Here's What Appliance Makers Say Before You Buy Big-Ticket Items
WHR Whirlpool
FMP Stock News
Original source text
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

© Serghei Starus / iStock via Getty Images

When the CEO of America’s largest appliance maker compares today’s demand to the 2008 financial crisis, it’s worth pausing before you swipe for that new fridge. On the latest earnings call, Whirlpool chief Marc Bitzer told investors that “this level of industry decline is similar to what we have observed during the global financial crisis and even higher than during other recessionary periods.” Shares of Whirlpool (NYSE:WHR | WHR Price Prediction) fell 12% on the news, and I’ve been studying appliance cycles for years: this is the loudest big-ticket warning bell we’ve had since 2009.

Why Whirlpool Is the Bellwether That Matters Refrigerators, washers, and ranges are decisions households delay when money gets tight. Whirlpool’s Q1 numbers show exactly that. Revenue came in at $3.27 billion, down 9.6% year over year, with the North America segment EBIT collapsing 96% to just $6 million. Management responded with the largest price increase in over a decade, a double-digit hike, and suspended the common dividend to fund deleveraging. You can read the full release on the SEC filing here.

Here’s the tariff irony: Whirlpool makes 80% of its products in the US and was supposed to be a Section 232 winner. Lower input costs didn’t matter, because consumer demand hasn’t materialized. The stock is now down 41% year to date and down 47% over one year. Reddit’s r/stocks lit up with a thread titled “Whirlpool Corporation (WHR) has re-entered the Great Recession.”

The Split-Screen Economy Other consumer signals look mixed. Kraft Heinz (NASDAQ:KHC) CEO Steve Cahillane flagged an environment “with increasing inflationary pressures and persistently low consumer sentiment” and guided organic net sales down 1.5% to 3.5%. Planet Fitness (NYSE:PLNT) fell 53% year to date after CEO Colleen Keating paused the planned national Black Card price increase and cut same club sales guidance to ~1% from 4%-5%.

Yet smaller-ticket spending holds. Uber (NYSE:UBER) posted Gross Bookings of $53.72 billion, up 25%, and crossed 50 million Uber One members. Disney delivered record fiscal Q2 Experiences revenue of $9.49 billion, up 7%, with domestic park per capita spending up 5%. Value casual dining benefits from trade-down: Dine Brands saw Applebee’s domestic comps swing to +1.9% from -2.2% a year earlier.

What This Means Before You Buy Polymarket traders currently put a 22.5% implied probability on a US recession by end of 2026, with odds faded from peaks near 40%. The macro consensus signals caution, not panic, while the appliance-specific signal is outright panic. If you’re weighing a big-ticket purchase, Bitzer’s double-digit price hike is already in motion, which means waiting for a true clearance event may be the better bet than buying ahead of the increase. If you’re weighing the stock, Whirlpool’s ongoing EPS guide of $3.00 to $3.50 against a sub-$3 billion market cap is the math worth checking, with the dividend gone and over $900 million in planned debt reduction consuming cash. The bell has rung on appliances. The rest of the consumer is still deciding which screen to watch.
2026-06-12 14:00 1mo ago
2026-05-17 13:53 2mo ago
WHR Investors Have Opportunity to Join Whirlpool Corporation Fraud Investigation with the Schall Law Firm
WHR Whirlpool
FMP Stock News
Original source text
LOS ANGELES, May 17, 2026 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Whirlpool Corporation (“Whirlpool” or “the Company”) (NYSE: WHR) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Whirlpool reported its Q1 2026 financial results on May 6, 2026. The Company reported a decrease in net sales and a GAAP net loss for the quarter. The Company blamed its performance on “lower volume resulting from a significant industry decline” and “unfavorable price/mix as the Supreme Court’s IEEPA ruling and anticipated refunds disrupted the industry pricing.”

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm 
Brian Schall, Esq. 
310-301-3335
[email protected]

www.schallfirm.com
2026-06-12 14:00 1mo ago
2026-05-17 20:18 2mo ago
Whirlpool's CEO Warns Consumer Spending Today Looks Like the 2008 Financial Crisis
WHR Whirlpool
FMP Stock News
Original source text
© Gorodenkoff / Shutterstock.com

Whirlpool (NYSE:WHR | WHR Price Prediction) CEO Marc Bitzer is making one of the bluntest recession comparisons of this earnings cycle. According to the Morning Brew Daily podcast segment covering the company’s Q1 results, CEO Bitzer told investors: “This level of industry decline is similar to what we have observed during the global financial crisis and even higher than during other recessionary periods.” A sitting CEO of the only major U.S.-based kitchen and laundry appliance maker is telling shareholders the consumer demand picture looks like 2008.

Whirlpool’s Q1 Results Whirlpool reported Q1 2026 revenue of $3.27 billion, down 9.6% year over year, with an ongoing loss of $0.56 per share and North America segment EBIT that cratered 96% to $6 million. Appliance demand fell 7%, and the stock dropped 12% on the news. Year-to-date, shares are down 32.29%.

Management suspended the common dividend, announced the largest price increase in over a decade, and targeted over $900 million in debt reduction. The full SEC filing details a 2026 outlook of roughly $15.0 billion in net sales and ongoing EPS of $3.00 to $3.50. Other companies are seeing similarly weak consumer demand, which reaffirms that this isn’t just a problem Whirlpool is seeing.

The Split-Screen Economy Kraft Heinz (NASDAQ:KHC) cited “persistently low consumer sentiment”, with the Kraft Heinz CEO describing lower-income households as “literally running out of money at the end of the month” and flagging negative cash flows in those brackets. Q1 organic sales fell 0.4%, and the company guides for an organic decline of 1.5% to 3.5% for 2026. (See our prior coverage of Kraft Heinz’s strategic pivot.)

Planet Fitness (NYSE:PLNT) had its worst day on record, down 31%, after management said “2026 is off to a slower-than-expected start from a net member growth perspective” and paused a planned Black Card price hike. The stock is down 59.43% YTD. Dine Brands (Applebee’s, IHOP) and McDonald’s (NYSE:MCD) are flashing similar lower-income strain.

However, Disney (NYSE:DIS) and Uber (NYSE:UBER) are seeing stronger engagement from higher-income cohorts. Even Home Depot (NYSE:HD), where CEO Ted Decker flagged “continued customer engagement across smaller projects”, is holding up better, with shares down 5.59% YTD.

The Tariff Paradox Whirlpool was supposed to win the tariff trade because it manufactures 80% of its products in the US. The company did benefit from these Section 232 tariffs, but the catch is that the buying base never materialized. Lower input costs only make a difference if customers continue to walk through the door. With University of Michigan’s Consumer Sentiment at 53.3 in March 2026, well below the 60 recessionary threshold, consumers are acting like a recession is already here.

What To Watch When households skip an Uber ride or streaming bundle, that signals a discretionary pullback. When they defer a refrigerator or washing machine, that is the durable-goods cycle. Whirlpool’s comparison of current consumer weakness to the GFC comparison is a tell that both durable goods and discretionary companies could be in for pain.
2026-06-12 14:00 1mo ago
2026-05-19 17:36 2mo ago
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Whirlpool Corporation - WHR
WHR Whirlpool
FMP Stock News
Original source text
NEW YORK, May 19, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Whirlpool Corporation (“Whirlpool” or the “Company”) (NYSE: WHR).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Whirlpool and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On May 6, 2026, Whirlpool reported its first quarter 2026 financial results and provided its full-year 2026 outlook.  Among other things, the Company disclosed net sales of $3.273 billion, compared to $3.621 billion in the prior-year period, representing a decrease of 9.6%.  Whirlpool also disclosed GAAP net earnings (loss) available to Whirlpool common shareholders of $(85) million, compared to GAAP net earnings of $71 million in the prior-year period.  The Company reported that MDA North America net sales declined 7.5% year-over-year, while segment EBIT declined to $6 million from $149 million in the prior-year period.  MDA North America EBIT margin declined to 0.3%, compared to 6.2% in the prior-year period.  Whirlpool stated that, excluding currency, MDA North America net sales decreased 7.8% year-over-year, driven by “lower volume resulting from a significant industry decline” and “unfavorable price/mix as the Supreme Court’s IEEPA ruling and anticipated refunds disrupted the industry pricing.”  The Company also disclosed that EBIT margin was pressured by volume decline, unfavorable price/mix, and higher costs incurred to reduce inventory levels, partially offset by tariff recovery and mitigation actions.  For full-year 2026, Whirlpool stated that it expects net sales of approximately $15.0 billion, GAAP earnings per diluted share of $2.45 to $2.95, and ongoing earnings per diluted share of $3.00 to $3.50.  Whirlpool also disclosed a “common dividend suspension as we prioritize debt paydown.” 

On this news, Whirlpool’s stock price fell $6.52 per share, or 11.91%, to close at $48.21 per share on May 7, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980
2026-06-12 14:00 1mo ago
2026-05-21 15:33 2mo ago
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Whirlpool Corporation - WHR
WHR Whirlpool
FMP Stock News
Original source text
, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Whirlpool Corporation ("Whirlpool" or the "Company") (NYSE: WHR). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Whirlpool and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On May 6, 2026, Whirlpool reported its first quarter 2026 financial results and provided its full-year 2026 outlook. Among other things, the Company disclosed net sales of $3.273 billion, compared to $3.621 billion in the prior-year period, representing a decrease of 9.6%. Whirlpool also disclosed GAAP net earnings (loss) available to Whirlpool common shareholders of $(85) million, compared to GAAP net earnings of $71 million in the prior-year period. The Company reported that MDA North America net sales declined 7.5% year-over-year, while segment EBIT declined to $6 million from $149 million in the prior-year period. MDA North America EBIT margin declined to 0.3%, compared to 6.2% in the prior-year period. Whirlpool stated that, excluding currency, MDA North America net sales decreased 7.8% year-over-year, driven by "lower volume resulting from a significant industry decline" and "unfavorable price/mix as the Supreme Court's IEEPA ruling and anticipated refunds disrupted the industry pricing." The Company also disclosed that EBIT margin was pressured by volume decline, unfavorable price/mix, and higher costs incurred to reduce inventory levels, partially offset by tariff recovery and mitigation actions. For full-year 2026, Whirlpool stated that it expects net sales of approximately $15.0 billion, GAAP earnings per diluted share of $2.45 to $2.95, and ongoing earnings per diluted share of $3.00 to $3.50. Whirlpool also disclosed a "common dividend suspension as we prioritize debt paydown." 

On this news, Whirlpool's stock price fell $6.52 per share, or 11.91%, to close at $48.21 per share on May 7, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

SOURCE Pomerantz LLP
2026-06-12 14:00 1mo ago
2026-05-21 20:24 2mo ago
Whirlpool Corp (WHR) Stock Up 4.1% and Still Undervalued -- GF Score: 54/100
WHR Whirlpool
FMP Stock News
Original source text
On May 21, 2026, Whirlpool Corp (WHR) shares rose 4.1% today, closing at $43.21. This move comes amid a challenging year for the company, as shares have dropped
2026-06-12 14:00 1mo ago
2026-05-26 17:41 1mo ago
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Whirlpool Corporation - WHR
WHR Whirlpool
FMP Stock News
Original source text
NEW YORK, May 26, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Whirlpool Corporation (“Whirlpool” or the “Company”) (NYSE: WHR).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Whirlpool and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On May 6, 2026, Whirlpool reported its first quarter 2026 financial results and provided its full-year 2026 outlook.  Among other things, the Company disclosed net sales of $3.273 billion, compared to $3.621 billion in the prior-year period, representing a decrease of 9.6%.  Whirlpool also disclosed GAAP net earnings (loss) available to Whirlpool common shareholders of $(85) million, compared to GAAP net earnings of $71 million in the prior-year period.  The Company reported that MDA North America net sales declined 7.5% year-over-year, while segment EBIT declined to $6 million from $149 million in the prior-year period.  MDA North America EBIT margin declined to 0.3%, compared to 6.2% in the prior-year period.  Whirlpool stated that, excluding currency, MDA North America net sales decreased 7.8% year-over-year, driven by “lower volume resulting from a significant industry decline” and “unfavorable price/mix as the Supreme Court’s IEEPA ruling and anticipated refunds disrupted the industry pricing.”  The Company also disclosed that EBIT margin was pressured by volume decline, unfavorable price/mix, and higher costs incurred to reduce inventory levels, partially offset by tariff recovery and mitigation actions.  For full-year 2026, Whirlpool stated that it expects net sales of approximately $15.0 billion, GAAP earnings per diluted share of $2.45 to $2.95, and ongoing earnings per diluted share of $3.00 to $3.50.  Whirlpool also disclosed a “common dividend suspension as we prioritize debt paydown.” 

On this news, Whirlpool’s stock price fell $6.52 per share, or 11.91%, to close at $48.21 per share on May 7, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes. 

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980
2026-06-12 14:00 1mo ago
2026-05-28 10:10 1mo ago
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Whirlpool Corporation - WHR
WHR Whirlpool
FMP Stock News
Original source text
, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Whirlpool Corporation ("Whirlpool" or the "Company") (NYSE: WHR).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Whirlpool and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On May 6, 2026, Whirlpool reported its first quarter 2026 financial results and provided its full-year 2026 outlook.  Among other things, the Company disclosed net sales of $3.273 billion, compared to $3.621 billion in the prior-year period, representing a decrease of 9.6%.  Whirlpool also disclosed GAAP net earnings (loss) available to Whirlpool common shareholders of $(85) million, compared to GAAP net earnings of $71 million in the prior-year period.  The Company reported that MDA North America net sales declined 7.5% year-over-year, while segment EBIT declined to $6 million from $149 million in the prior-year period.  MDA North America EBIT margin declined to 0.3%, compared to 6.2% in the prior-year period.  Whirlpool stated that, excluding currency, MDA North America net sales decreased 7.8% year-over-year, driven by "lower volume resulting from a significant industry decline" and "unfavorable price/mix as the Supreme Court's IEEPA ruling and anticipated refunds disrupted the industry pricing."  The Company also disclosed that EBIT margin was pressured by volume decline, unfavorable price/mix, and higher costs incurred to reduce inventory levels, partially offset by tariff recovery and mitigation actions.  For full-year 2026, Whirlpool stated that it expects net sales of approximately $15.0 billion, GAAP earnings per diluted share of $2.45 to $2.95, and ongoing earnings per diluted share of $3.00 to $3.50.  Whirlpool also disclosed a "common dividend suspension as we prioritize debt paydown." 

On this news, Whirlpool's stock price fell $6.52 per share, or 11.91%, to close at $48.21 per share on May 7, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes. 

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

SOURCE Pomerantz LLP
2026-06-12 14:00 1mo ago
2026-06-01 09:08 1mo ago
Whirlpool Announces Offering of Secured Notes
WHR Whirlpool
FMP Stock News
Original source text
, /PRNewswire/ -- Whirlpool Corporation (NYSE: WHR) ("Whirlpool" or the "Company") announced today that it is planning to offer, subject to market conditions and other factors, $750 million in aggregate principal amount of Senior Secured Second Lien Notes due 2031 (the "2031 Notes") and $750 million in aggregate principal amount of Senior Secured Second Lien Notes due 2034 (the "2034 Notes" and, together with the 2031 Notes, the "Notes"). Whirlpool intends to use the net proceeds from the issuance of the Notes, together with borrowings under the Company's new asset-based revolving credit facility (the "ABL Credit Facility"), to (i) pay the consideration for all 1.250% Senior Notes due 2026 (the "2026 Existing Notes") and 1.100% Senior Notes due 2027 (the "2027 Existing Notes" and, together with the 2026 Existing Notes, the "Existing Notes") in each case issued by Whirlpool Finance Luxembourg S.à r.l., a wholly owned subsidiary of Whirlpool, that are validly tendered to the Company in a tender offer and consent solicitation (the "Concurrent Tender Offer and Consent Solicitation"), (ii) satisfy and discharge, in accordance with the indenture governing the Existing Notes, as amended pursuant to the Concurrent Tender Offer and Consent Solicitation (the "Existing Notes Indenture"), any such Existing Notes that remain outstanding following the completion of the Concurrent Tender Offer and Consent Solicitation, by irrevocably depositing with the trustee under the Existing Notes Indenture funds sufficient to pay the principal of and interest on such Existing Notes as and when due, (iii) repay the amount outstanding under the Company's existing unsecured revolving credit facility, and (iv) pay fees and expenses in connection with the foregoing.

The Notes and the obligations of the Company under the Notes and the indenture that will govern the Notes will be, jointly and severally, unconditionally guaranteed by each domestic and Canadian subsidiary of the Company that is a borrower under, or a guarantor of, the Company's obligations under the ABL Credit Facility (the "Guarantors"). The Notes and related guarantees will be secured, on a second-priority basis, subject to permitted liens and certain exceptions described in the offering memorandum, by all the assets of the Company and the Guarantors that secure the obligations under the ABL Credit Facility on a first-priority basis. Some of our assets will be excluded from the collateral, such as our domestic manufacturing facilities, shares of capital stock of our subsidiaries or debts owing from our subsidiaries to us.

The offering of the Notes is subject to market and other conditions, and there can be no assurance as to whether, when or on what terms the offering may be completed.

Neither the Notes nor the related guarantees will be registered under the Securities Act of 1933, as amended ("Securities Act"), or the securities laws of any other jurisdiction, and will not be offered or sold in the United States or to U.S. persons absent registration or an applicable exemption from the registration requirements. The offering of the Notes will be made only to persons reasonably believed to be qualified institutional buyers in accordance with Rule 144A under the Securities Act and to non-U.S. persons outside the United States in accordance with Regulation S under the Securities Act.

This release does not constitute an offer to sell or a solicitation of an offer to buy these securities, nor does it constitute an offer, solicitation or sale of these securities, in any jurisdiction in which such offer, solicitation or sale is unlawful. In addition, this press release does not constitute a notice of redemption or offer to purchase pursuant to the Concurrent Tender Offer and Consent Solicitation with respect to the 2026 Existing Notes or the 2027 Existing Notes.

ABOUT WHIRLPOOL CORPORATION

Whirlpool Corporation (NYSE: WHR) is a leading home appliance company, in constant pursuit of improving life at home. As the only major U.S.-based manufacturer of kitchen and laundry appliances, the company is driving meaningful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator. In 2025, the company reported approximately $16 billion in annual net sales—close to 90% of which were in the Americas—41,000 employees and 35 manufacturing and technology research centers.

WEBSITE DISCLOSURE

We routinely post important information for investors on our website, WhirlpoolCorp.com, in the "Investors" section. We also intend to update the "Hot Topics Q&A" portion of this webpage as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the "Investors" section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our webpage is not incorporated by reference into, and is not a part of, this document.

WHIRLPOOL ADDITIONAL INFORMATION

The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made by us or on our behalf. Certain statements contained in this document do not relate strictly to historical or current facts and may contain forward-looking statements that reflect our current views with respect to future events and financial performance. As such, they are considered "forward-looking statements" which provide current expectations or forecasts of future events. Such statements can be identified by the use of terminology such as "may," "could," "will," "should," "possible," "plan," "predict," "forecast," "potential," "anticipate," "estimate," "expect," "project," "intend," "believe," "may impact," "on track," "guarantee," "seek," and the negative of these words and words and terms of similar substance. Examples of forward-looking statements include, but are not limited to, statements relating to the proposed offering of the Notes, our ability to complete the offering of the Notes on the anticipated timeline or at all, and the anticipated use of the net proceeds therefrom, as well as any other statement that does not directly relate to any historical or current fact. These forward-looking statements should be considered with the understanding that such statements involve a variety of risks and uncertainties, known and unknown, and may be affected by inaccurate assumptions. Consequently, no forward-looking statement can be guaranteed and actual results may vary materially.

Many risks, contingencies and uncertainties could cause actual results to differ materially from Whirlpool's forward-looking statements. Among these factors are: (1) intense competition in the home appliance industry, and the impact of the changing retail environment, including direct-to-consumer sales; (2) Whirlpool's ability to maintain or increase sales to significant trade customers and builders; (3) Whirlpool's ability to maintain its reputation and brand image; (4) Whirlpool's ability to achieve its business objectives and successfully manage its strategic portfolio transformation and outsourced business unit service model; (5) Whirlpool's ability to understand consumer preferences and successfully develop new products; (6) Whirlpool's ability to obtain and protect intellectual property rights; (7) acquisition, divestiture, and investment-related risks, including risks associated with our past transactions; (8) the ability of suppliers of critical parts, components and manufacturing equipment to deliver sufficient quantities to Whirlpool in a timely and cost-effective manner; (9) risks related to Whirlpool's international operations; (10) Whirlpool's ability to respond to unanticipated social, political and/or economic events, including epidemics/pandemics; (11)  information technology system and cloud failures, data security breaches, data privacy compliance, network disruptions, and cybersecurity attacks; (12) product liability and product recall costs; (13) Whirlpool's ability to attract, develop and retain executives and other qualified employees; (14) the impact of labor relations; (15) fluctuations in the cost of key materials (including steel, resins, and base metals) and components and the ability of Whirlpool to offset cost increases; (16) Whirlpool's ability to manage foreign currency fluctuations; (17) impacts from goodwill, intangible asset and/or inventory impairment charges; (18) health care cost trends, regulatory changes and variations between results and estimates that could increase future funding obligations for pension and postretirement benefit plans; (19) impacts from credit rating agency downgrades; (20) litigation, tax, and legal compliance risk and costs; (21) the effects and costs of governmental investigations or related actions by third parties; (22) changes in the legal and regulatory environment including environmental, health and safety regulations, data privacy, taxes and AI; (23) the impacts of changes in foreign trade policies, including tariffs; (24) Whirlpool's ability to respond to the impact of climate change and climate change or other environmental regulation; (25) the uncertain global economy and changes in economic conditions; (26) financing and liquidity uncertainty including payment of dividends on our 8.50% Mandatory Convertible Preferred Stock; (27) the dilutive effect of conversion and potential dividend payments in common stock for our 8.50% Mandatory Convertible Preferred Stock; (28) the liquidation preference of our 8.50%  Mandatory Convertible Preferred Stock above our common stock; and (29) reduced operational flexibility and liquidity under our ABL Credit Facility. Except as required by law, we undertake no obligation to update any forward-looking statement, and investors are advised to review disclosures in our filings with the SEC. It is not possible to foresee or identify all factors that could cause actual results to differ from expected or historic results. Therefore, investors should not consider the foregoing factors to be an exhaustive statement of all risks, uncertainties, or factors that could potentially cause actual results to differ from forward-looking statements. Additional information concerning these factors can be found in our periodic filings with the SEC, including our most recent Annual Report on Form 10-K, as updated by our quarterly reports on Form 10-Q, current reports on Form 8-K and other filings we make with the SEC.

SOURCE Whirlpool Corporation
2026-06-12 14:00 1mo ago
2026-06-01 09:10 1mo ago
Whirlpool Announces Tender Offer and Consent Solicitation for Outstanding Notes Due 2026 and 2027
WHR Whirlpool
FMP Stock News
Original source text
, /PRNewswire/ -- Whirlpool Corporation (NYSE: WHR) ("Whirlpool" or the "Company") announced today that it has commenced a tender offer (the "Tender Offer") to purchase for cash any and all outstanding 1.250% Senior Notes due 2026 (the "2026 Existing Notes") and 1.100% Senior Notes due 2027 (the "2027 Existing Notes" and, together with the 2026 Existing Notes, the "Existing Notes") of Whirlpool Finance Luxembourg S.à r.l. ("Whirlpool Luxembourg"), a wholly owned subsidiary of Whirlpool.

In connection with the Tender Offer, the Company is also soliciting consents (the "Consents") from registered holders (each, a "Holder" and, collectively, the "Holders") of the 2027 Existing Notes (the "Consent Solicitation") to a proposed amendment (the "Proposed Amendment") to the indenture governing the Existing Notes (the "Existing Notes Indenture") to accelerate Whirlpool Luxembourg's ability to satisfy and discharge the Existing Notes Indenture with respect to the 2027 Existing Notes.

The consummation of the Tender Offer and the Consent Solicitation is subject to, and conditioned upon, the satisfaction or waiver of certain conditions described in an Offer to Purchase and Consent Solicitation Statement, dated June 1, 2026 (the "Offer to Purchase and Consent Solicitation Statement"), including, but not limited to, the Company having completed a concurrent offering of new senior secured notes on terms and conditions satisfactory to it in its sole discretion, the net proceeds of which are sufficient to pay the aggregate total consideration for all the tendered Existing Notes, plus accrued interest and all fees and expenses incurred in connection with the Tender Offer and the Consent Solicitation. The Tender Offer is not conditioned on any minimum amount of Existing Notes being tendered or the receipt of Requisite Consents (as defined below). The Company reserves the right, but is under no obligation, to waive any and all of the conditions of the Tender Offer and the Consent Solicitation at any time, in each case without extending the Withdrawal Time (as defined below) for the Tender Offer, subject to applicable law. The Company reserves the right to terminate or extend the Tender Offer or the Consent Solicitation if any condition to the Tender Offer or the Consent Solicitation is not satisfied (or otherwise in its sole discretion), and to amend the Tender Offer or the Consent Solicitation in any respect.

The terms and conditions of the Tender Offer and the Consent Solicitation are described in the Offer to Purchase and Consent Solicitation Statement. The following table summarizes the material pricing terms of the Tender Offer.

Title of Note

ISIN/Common Code(1)

Outstanding
Principal
Amount(2)

Maturity Date

Reference
Security(3)

Fixed
Spread

Early
Tender
Premium(4)

1.250% Notes
due 2026

XS1514149159 / 151414915

€500,000,000

November 2, 2026

0.000% OBL
due 10/09/2026
#184

50 bps

€50

1.100% Notes
due 2027

XS1716616179 / 171661617

€600,000,000

November 9, 2027

1.300% OBL
due 10/15/2027
#186

50 bps

€50

_______________________________________________________

(1) No representation is made as to the correctness or accuracy of the ISINs or Common Codes listed in this release and the Offer to Purchase and Consent Solicitation Statement or printed on the Notes. They are provided solely for the convenience of Holders of the Notes.
(2) As of May 29, 2026.
(3) The applicable page on Bloomberg from which the bid side price of the Reference Security will be quoted.
(4) Per €1,000 principal amount of Notes that are accepted for purchase. Included in the Total Consideration for Notes tendered and accepted for purchase on or prior to the Early Tender Expiration.

The Tender Offer and the Consent Solicitation will expire at 5:00 p.m., Central European time (11:00 a.m., New York City time), on June 30, 2026, unless extended by the Company in its sole discretion (such time and date, as the same may be extended, the "Expiration Time"). Subject to the terms and conditions of the Tender Offer, Holders of Existing Notes that are validly tendered at or prior to 5:00 p.m., Central European time (11:00 a.m., New York City time), on June 12, 2026 (such date and time, as the same may be extended, the "Early Tender Expiration") and not validly withdrawn at any time at or prior to 5:00 p.m. Central European time (11:00 a.m., New York City time), on June 12, 2026, unless extended (such date and time, as the same may be extended, the "Withdrawal Time") will be eligible to receive the Total Consideration, which includes the Early Tender Premium set forth in the table above. The applicable Total Consideration for each €1,000 principal amount of Existing Notes validly tendered and accepted for purchase will be determined in the manner described in the Offer to Purchase and Consent Solicitation Statement by reference to the Fixed Spread specified on the front cover of the Offer to Purchase and Consent Solicitation Statement over the applicable Reference Yield based on the bid-side price of the applicable Reference Security specified on the front cover of the Offer to Purchase and Consent Solicitation Statement, at 4:00 p.m., Central European time (10:00 a.m. New York City time), on June 15, 2026. Holders of Existing Notes that are validly tendered after the Early Tender Expiration, but on or prior to the Expiration Time, will be eligible to receive only the Tender Offer Consideration, which is the Total Consideration less the Early Tender Premium. No tenders will be valid if submitted after the Expiration Time. The "Early Settlement Date" is expected to be on or about June 17, 2026 (the "Early Settlement Date"), but will be determined at the Company's option, subject to all conditions to the Tender Offer and Consent Solicitation having been satisfied or waived by the Company. The Company reserves the right, in its sole discretion, to extend or forgo the Early Settlement Date, if any. In the event that it forgoes the Early Settlement Date, all Holders whose Existing Notes are accepted for payment by the Company will receive payment on the Final Settlement Date. The Final Settlement Date is expected to be on July 6, 2026, which is the third business day following the Expiration Time, unless extended or earlier terminated by the Company with respect to the Tender Offer in its sole discretion (the "Final Settlement Date").

In addition, Holders will receive accrued and unpaid interest, if any, on all of their Existing Notes accepted for purchase from the last interest payment date on the relevant series of Existing Notes, up to, but not including, the Early Settlement Date or the Final Settlement Date, as applicable. Holders of the 2027 Existing Notes that validly tender their 2027 Existing Notes pursuant to the Tender Offer will be deemed to have delivered their Consents to the Proposed Amendment by virtue of such tender. Holders of the 2027 Existing Notes may not tender their 2027 Existing Notes pursuant to the Tender Offer without delivering their Consents in the Consent Solicitation, and Holders of the 2027 Existing Notes may not deliver Consents without also tendering their 2027 Existing Notes.

In order for the Proposed Amendment to be adopted, the Consents must be received in respect of at least a majority of the principal amount of the 2027 Existing Notes then outstanding (the "Requisite Consents"). Following the later of (i) the receipt of the Requisite Consents and (ii) the Withdrawal Time, the Company expects to execute and deliver to the trustee under the Existing Notes Indenture a supplemental indenture (the "Supplemental Indenture") to the Existing Notes Indenture giving effect to the Proposed Amendment. However, the Proposed Amendment will not become operative until and unless the Company purchases all 2027 Existing Notes validly tendered (and not validly withdrawn) in the Tender Offer.

Any Existing Notes validly tendered and, in the case of the 2027 Existing Notes, related Consents validly delivered, may be withdrawn or revoked from the Tender Offer and, in the case of the 2027 Existing Notes, the Consent Solicitation, at or prior to the Withdrawal Time. Any Existing Notes validly tendered and, in the case of the 2027 Existing Notes, related Consents validly delivered, at or prior to the Withdrawal Time that are not validly withdrawn or revoked on or prior to the Withdrawal Time may not be withdrawn or revoked thereafter, except in certain limited circumstances where additional withdrawal rights are required by law. In addition, any Existing Notes validly tendered and, in the case of the 2027 Existing Notes, related Consents validly delivered, after the Withdrawal Time may not be withdrawn or revoked, except in certain limited circumstances where additional withdrawal rights are required by law.

None of the Company, its board of directors, the Dealer Manager, the Tender and Information Agent, the trustee under the Existing Notes Indenture, or any of their respective affiliates, makes any recommendation as to whether any Holder should tender or deliver, or refrain from tendering or delivering, any or all of such Holder's Existing Notes or, in the case of the 2027 Existing Notes, the Consents, and none of the Company nor any of its affiliates has authorized any person to make any such recommendation. Holders must make their own decision as to whether to tender any of their Existing Notes and, if so, the principal amounts of Existing Notes to tender. If any Holder is in any doubt as to the contents of this release, or the Offer to Purchase, or the action it should take, the Holder should seek its own financial and legal advice, including in respect of any tax consequences, immediately from its stockbroker, bank manager, solicitor, accountant, or other independent financial, tax, or legal adviser. The Tender Offer and the Consent Solicitation are made only by the Offer to Purchase and Consent Solicitation Statement. Holders are urged to read the Offer to Purchase and Consent Solicitation Statement carefully before making any decision with respect to the Tender Offer or the Consent Solicitation. The Offer to Purchase and Consent Solicitation Statement contains important information that should be read carefully before any decision is made with respect to the Tender Offer or the Consent Solicitation. This release does not describe all the material terms of the Tender Offer or the Consent Solicitation, and no decision should be made by any Holder on the basis of this release. The terms and conditions of the Tender Offer are described in the Offer to Purchase and Consent Solicitation Statement, and this release must be read in conjunction with the Offer to Purchase and Consent Solicitation Statement. The Tender Offer and the Consent Solicitation are not being made to Holders of Existing Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. In any jurisdiction where the securities, blue sky or other laws require the Tender Offer and the Consent Solicitation to be made by a licensed broker or dealer, the Tender Offer and the Consent Solicitation will be deemed to be made on behalf of the Company by the Dealer Manager or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction. Any individual or entity whose Existing Notes are held on its behalf by a broker, dealer, bank, custodian, trust company, or other nominee must contact such entity if it wishes to tender such Existing Notes pursuant to the Tender Offer and, in the case of the 2027 Existing Notes, deliver Consents pursuant to the Consent Solicitation.

This release does not constitute an offer to sell or a solicitation of an offer to buy these securities, nor does it constitute an offer, solicitation or sale of these securities, in any jurisdiction in which such offer, solicitation or sale is unlawful.

Citigroup Global Markets Inc. is the dealer manager and solicitation agent (the "Dealer Manager") in the Tender Offer and the Consent Solicitation. Global Bondholder Services Corporation has been retained to serve as the tender and information agent (the "Tender and Information Agent") for the Tender Offer and the Consent Solicitation. Questions regarding the Tender Offer and the Consent Solicitation should be directed to Citigroup Global Markets Inc. by telephone at +1 (212) 723-6106 (call collect) or +1 (800) 558-3745 (toll-free). Requests for copies of the Offer to Purchase and Consent Solicitation Statement and other related materials should be directed to Global Bondholder Services Corporation by telephone at (212) 430-3774 (bankers and brokers, call collect) or (855) 654-2014 (all other, toll-free); or by email at [email protected].

ABOUT WHIRLPOOL CORPORATION

Whirlpool Corporation (NYSE: WHR) is a leading home appliance company, in constant pursuit of improving life at home. As the only major U.S.-based manufacturer of kitchen and laundry appliances, the company is driving meaningful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator. In 2025, the company reported approximately $16 billion in annual net sales—close to 90% of which were in the Americas—41,000 employees and 35 manufacturing and technology research centers. Additional information about the company can be found at WhirlpoolCorp.com.

WEBSITE DISCLOSURE

We routinely post important information for investors on our website, WhirlpoolCorp.com, in the "Investors" section. We also intend to update the "Hot Topics Q&A" portion of this webpage as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the "Investors" section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our webpage is not incorporated by reference into, and is not a part of, this document.

WHIRLPOOL ADDITIONAL INFORMATION

The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made by us or on our behalf. Certain statements contained in this document do not relate strictly to historical or current facts and may contain forward-looking statements that reflect our current views with respect to future events and financial performance. As such, they are considered "forward-looking statements" which provide current expectations or forecasts of future events. Such statements can be identified by the use of terminology such as "may," "could," "will," "should," "possible," "plan," "predict," "forecast," "potential," "anticipate," "estimate," "expect," "project," "intend," "believe," "may impact," "on track," "guarantee," "seek," and the negative of these words and words and terms of similar substance. Examples of forward-looking statements include, but are not limited to, statements relating to the expected timing and terms of the proposed Tender Offer and, with respect to the 2027 Existing Notes, the Consent Solicitation, our ability to complete the Tender Offer and, with respect to the 2027 Existing Notes, the Consent Solicitation on the anticipated timeline or at all, as well as any other statement that does not directly relate to any historical or current fact. These forward-looking statements should be considered with the understanding that such statements involve a variety of risks and uncertainties, known and unknown, and may be affected by inaccurate assumptions. Consequently, no forward-looking statement can be guaranteed and actual results may vary materially.

Many risks, contingencies and uncertainties could cause actual results to differ materially from Whirlpool's forward-looking statements. Among these factors are: (1) intense competition in the home appliance industry, and the impact of the changing retail environment, including direct-to-consumer sales; (2) Whirlpool's ability to maintain or increase sales to significant trade customers and builders; (3) Whirlpool's ability to maintain its reputation and brand image; (4) Whirlpool's ability to achieve its business objectives and successfully manage its strategic portfolio transformation and outsourced business unit service model; (5) Whirlpool's ability to understand consumer preferences and successfully develop new products; (6) Whirlpool's ability to obtain and protect intellectual property rights; (7) acquisition, divestiture, and investment-related risks, including risks associated with our past transactions; (8) the ability of suppliers of critical parts, components and manufacturing equipment to deliver sufficient quantities to Whirlpool in a timely and cost-effective manner; (9) risks related to Whirlpool's international operations; (10) Whirlpool's ability to respond to unanticipated social, political and/or economic events, including epidemics/pandemics; (11)  information technology system and cloud failures, data security breaches, data privacy compliance, network disruptions, and cybersecurity attacks; (12) product liability and product recall costs; (13) Whirlpool's ability to attract, develop and retain executives and other qualified employees; (14) the impact of labor relations; (15) fluctuations in the cost of key materials (including steel, resins, and base metals) and components and the ability of Whirlpool to offset cost increases; (16) Whirlpool's ability to manage foreign currency fluctuations; (17) impacts from goodwill, intangible asset and/or inventory impairment charges; (18) health care cost trends, regulatory changes and variations between results and estimates that could increase future funding obligations for pension and postretirement benefit plans; (19) impacts from credit rating agency downgrades; (20) litigation, tax, and legal compliance risk and costs; (21) the effects and costs of governmental investigations or related actions by third parties; (22) changes in the legal and regulatory environment including environmental, health and safety regulations, data privacy, taxes and AI; (23) the impacts of changes in foreign trade policies, including tariffs; (24) Whirlpool's ability to respond to the impact of climate change and climate change or other environmental regulation; (25) the uncertain global economy and changes in economic conditions; (26) financing and liquidity uncertainty including payment of dividends on our 8.50% Mandatory Convertible Preferred Stock; (27) the dilutive effect of conversion and potential dividend payments in common stock for our 8.50% Mandatory Convertible Preferred Stock; (28) the liquidation preference of our 8.50% Mandatory Convertible Preferred Stock above our common stock; and (29) reduced operational flexibility and liquidity under our ABL Credit Facility. Except as required by law, we undertake no obligation to update any forward-looking statement, and investors are advised to review disclosures in our filings with the SEC. It is not possible to foresee or identify all factors that could cause actual results to differ from expected or historic results. Therefore, investors should not consider the foregoing factors to be an exhaustive statement of all risks, uncertainties, or factors that could potentially cause actual results to differ from forward-looking statements. Additional information concerning these factors can be found in our periodic filings with the SEC, including our most recent Annual Report on Form 10-K, as updated by our quarterly reports on Form 10-Q, current reports on Form 8-K and other filings we make with the SEC.

European Economic Area

Neither this Tender Offer, the Consent Solicitation, nor any other transaction set forth in the Offer to Purchase and Consent Solicitation Statement constitutes a non-exempt offer of securities to the public within the meaning of the EU Prospectus Regulation and the Tender Offer and Consent Solicitation are not subject to the obligation to publish a prospectus under the EU Prospectus Regulation. The Offer to Purchase and Consent Solicitation Statement is not a prospectus for the purposes of the EU Prospectus Regulation.

General

None of the Offer to Purchase and Consent Solicitation Statement, this announcement or the electronic transmission thereof constitutes an offer to buy or the solicitation of an offer to sell Existing Notes (and tenders of Existing Notes for purchase pursuant to the Tender Offer will not be accepted from Holders) in any circumstances in which such offer or solicitation is unlawful. In those jurisdictions where the securities, blue sky or other laws require the Tender Offer or Consent Solicitation to be made by a licensed broker or dealer and a dealer manager or any of its respective affiliates is such a licensed broker or dealer in any such jurisdiction, the Tender Offer or Consent Solicitation shall be deemed to be made by the respective dealer manager or such affiliates, as the case may be, on behalf of the Company in such jurisdiction. Neither the Tender Offer, the Consent Solicitation nor our website may be used for, or in connection with, any invitation to anyone in any jurisdiction or under any circumstances in which such invitation is not authorized or is unlawful.

SOURCE Whirlpool Corporation
2026-06-12 14:00 1mo ago
2026-06-02 17:10 1mo ago
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Whirlpool Corporation - WHR
WHR Whirlpool
FMP Stock News
Original source text
NEW YORK, June 02, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Whirlpool Corporation (“Whirlpool” or the “Company”) (NYSE: WHR).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Whirlpool and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On May 6, 2026, Whirlpool reported its first quarter 2026 financial results and provided its full-year 2026 outlook.  Among other things, the Company disclosed net sales of $3.273 billion, compared to $3.621 billion in the prior-year period, representing a decrease of 9.6%.  Whirlpool also disclosed GAAP net earnings (loss) available to Whirlpool common shareholders of $(85) million, compared to GAAP net earnings of $71 million in the prior-year period.  The Company reported that MDA North America net sales declined 7.5% year-over-year, while segment EBIT declined to $6 million from $149 million in the prior-year period.  MDA North America EBIT margin declined to 0.3%, compared to 6.2% in the prior-year period.  Whirlpool stated that, excluding currency, MDA North America net sales decreased 7.8% year-over-year, driven by “lower volume resulting from a significant industry decline” and “unfavorable price/mix as the Supreme Court’s IEEPA ruling and anticipated refunds disrupted the industry pricing.”  The Company also disclosed that EBIT margin was pressured by volume decline, unfavorable price/mix, and higher costs incurred to reduce inventory levels, partially offset by tariff recovery and mitigation actions.  For full-year 2026, Whirlpool stated that it expects net sales of approximately $15.0 billion, GAAP earnings per diluted share of $2.45 to $2.95, and ongoing earnings per diluted share of $3.00 to $3.50.  Whirlpool also disclosed a “common dividend suspension as we prioritize debt paydown.” 

On this news, Whirlpool’s stock price fell $6.52 per share, or 11.91%, to close at $48.21 per share on May 7, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.  

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980
2026-06-12 14:00 1mo ago
2026-06-02 17:19 1mo ago
Whirlpool Announces Upsize and Pricing of Offering of Secured Notes
WHR Whirlpool
FMP Stock News
Original source text
, /PRNewswire/ -- Whirlpool Corporation (NYSE: WHR) ("Whirlpool" or the "Company") announced today that it priced its offering of $1.0 billion in aggregate principal amount of 7.500% Senior Secured Second Lien Notes due 2031 (the "2031 Notes") and $1.0 billion in aggregate principal amount of 7.875% Senior Secured Second Lien Notes due 2034 (the "2034 Notes" and, together with the 2031 Notes, the "Notes"). The offering was upsized from the previously announced offering size of $750 million in aggregate principal amount of each of the 2031 Notes and the 2034 Notes. The 2031 Notes will bear interest at the rate of 7.500% per year and the 2034 Notes will bear interest at the rate of 7.875% per year, in each case from June 16, 2026, payable semi-annually in arrears. The 2031 Notes will have a maturity date of July 1, 2031 and the 2034 Notes will have a maturity date of July 1, 2034, unless earlier repurchased or redeemed in accordance with their terms. The closing of the offering of the Notes is expected to occur on June 16, 2026, subject to the closing of the Company's proposed asset-based revolving credit facility (the "ABL Credit Facility") and other customary closing conditions.

Whirlpool intends to use the net proceeds from the issuance of the Notes, together with borrowings under the ABL Credit Facility, to (i) pay the consideration for all 1.250% Senior Notes due 2026 (the "2026 Existing Notes") and 1.100% Senior Notes due 2027 (the "2027 Existing Notes" and, together with the 2026 Existing Notes, the "Existing Notes") in each case issued by Whirlpool Finance Luxembourg S.à r.l., a wholly owned subsidiary of Whirlpool, that are validly tendered to the Company in a tender offer and consent solicitation (the "Concurrent Tender Offer and Consent Solicitation"), (ii) satisfy and discharge, in accordance with the indenture governing the Existing Notes, as amended pursuant to the Concurrent Tender Offer and Consent Solicitation (the "Existing Notes Indenture"), any such Existing Notes that remain outstanding following the completion of the Concurrent Tender Offer and Consent Solicitation, by irrevocably depositing with the trustee under the Existing Notes Indenture funds sufficient to pay the principal of and interest on such Existing Notes as and when due, (iii) repay the amount outstanding under the Company's existing unsecured revolving credit facility, and (iv) pay fees and expenses in connection with the foregoing.

The Notes and the obligations of the Company under the Notes and the indenture that will govern the Notes will be, jointly and severally, unconditionally guaranteed by each domestic and Canadian subsidiary of the Company that is a borrower under, or a guarantor of, the Company's obligations under the ABL Credit Facility (the "Guarantors"). The Notes and related guarantees will be secured, on a second-priority basis, subject to permitted liens and certain exceptions described in the offering memorandum, by all the assets of the Company and the Guarantors that secure the obligations under the ABL Credit Facility on a first-priority basis. Some of our assets will be excluded from the collateral, such as our domestic manufacturing facilities, shares of capital stock of our subsidiaries or debts owing from our subsidiaries to us.

Neither the Notes nor the related guarantees have been registered under the Securities Act of 1933, as amended ("Securities Act"), or the securities laws of any other jurisdiction, and are not being offered or sold in the United States or to U.S. persons absent registration or an applicable exemption from the registration requirements. The offering of the Notes is being made only to persons reasonably believed to be qualified institutional buyers in accordance with Rule 144A under the Securities Act and to non-U.S. persons outside the United States in accordance with Regulation S under the Securities Act.

This release does not constitute an offer to sell or a solicitation of an offer to buy these securities, nor does it constitute an offer, solicitation or sale of these securities, in any jurisdiction in which such offer, solicitation or sale is unlawful. In addition, this press release does not constitute a notice of redemption or offer to purchase pursuant to the Concurrent Tender Offer and Consent Solicitation with respect to the 2026 Existing Notes or the 2027 Existing Notes.

ABOUT WHIRLPOOL CORPORATION

Whirlpool Corporation (NYSE: WHR) is a leading home appliance company, in constant pursuit of improving life at home. As the only major U.S.-based manufacturer of kitchen and laundry appliances, the company is driving meaningful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator. In 2025, the company reported approximately $16 billion in annual net sales—close to 90% of which were in the Americas—41,000 employees and 35 manufacturing and technology research centers.

WEBSITE DISCLOSURE

We routinely post important information for investors on our website, WhirlpoolCorp.com, in the "Investors" section. We also intend to update the "Hot Topics Q&A" portion of this webpage as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the "Investors" section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our webpage is not incorporated by reference into, and is not a part of, this document.

WHIRLPOOL ADDITIONAL INFORMATION

The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made by us or on our behalf. Certain statements contained in this document do not relate strictly to historical or current facts and may contain forward-looking statements that reflect our current views with respect to future events and financial performance. As such, they are considered "forward-looking statements" which provide current expectations or forecasts of future events. Such statements can be identified by the use of terminology such as "may," "could," "will," "should," "possible," "plan," "predict," "forecast," "potential," "anticipate," "estimate," "expect," "project," "intend," "believe," "may impact," "on track," "guarantee," "seek," and the negative of these words and words and terms of similar substance. Examples of forward-looking statements include, but are not limited to, statements relating to our ability to complete the offering of the Notes on the anticipated timeline or at all, and the anticipated use of the net proceeds therefrom, as well as any other statement that does not directly relate to any historical or current fact. These forward-looking statements should be considered with the understanding that such statements involve a variety of risks and uncertainties, known and unknown, and may be affected by inaccurate assumptions. Consequently, no forward-looking statement can be guaranteed and actual results may vary materially.

Many risks, contingencies and uncertainties could cause actual results to differ materially from Whirlpool's forward-looking statements. Among these factors are: (1) intense competition in the home appliance industry, and the impact of the changing retail environment, including direct-to-consumer sales; (2) Whirlpool's ability to maintain or increase sales to significant trade customers and builders; (3) Whirlpool's ability to maintain its reputation and brand image; (4) Whirlpool's ability to achieve its business objectives and successfully manage its strategic portfolio transformation and outsourced business unit service model; (5) Whirlpool's ability to understand consumer preferences and successfully develop new products; (6) Whirlpool's ability to obtain and protect intellectual property rights; (7) acquisition, divestiture, and investment-related risks, including risks associated with our past transactions; (8) the ability of suppliers of critical parts, components and manufacturing equipment to deliver sufficient quantities to Whirlpool in a timely and cost-effective manner; (9) risks related to Whirlpool's international operations; (10) Whirlpool's ability to respond to unanticipated social, political and/or economic events, including epidemics/pandemics; (11) information technology system and cloud failures, data security breaches, data privacy compliance, network disruptions, and cybersecurity attacks; (12) product liability and product recall costs; (13) Whirlpool's ability to attract, develop and retain executives and other qualified employees; (14) the impact of labor relations; (15) fluctuations in the cost of key materials (including steel, resins, and base metals) and components and the ability of Whirlpool to offset cost increases; (16) Whirlpool's ability to manage foreign currency fluctuations; (17) impacts from goodwill, intangible asset and/or inventory impairment charges; (18) health care cost trends, regulatory changes and variations between results and estimates that could increase future funding obligations for pension and postretirement benefit plans; (19) impacts from credit rating agency downgrades; (20) litigation, tax, and legal compliance risk and costs; (21) the effects and costs of governmental investigations or related actions by third parties; (22) changes in the legal and regulatory environment including environmental, health and safety regulations, data privacy, taxes and AI; (23) the impacts of changes in foreign trade policies, including tariffs; (24) Whirlpool's ability to respond to the impact of climate change and climate change or other environmental regulation; (25) the uncertain global economy and changes in economic conditions; (26) financing and liquidity uncertainty including payment of dividends on our 8.50% Mandatory Convertible Preferred Stock; (27) the dilutive effect of conversion and potential dividend payments in common stock for our 8.50% Mandatory Convertible Preferred Stock; (28) the liquidation preference of our 8.50% Mandatory Convertible Preferred Stock above our common stock; and (29) reduced operational flexibility and liquidity under our ABL Credit Facility. Except as required by law, we undertake no obligation to update any forward-looking statement, and investors are advised to review disclosures in our filings with the SEC. It is not possible to foresee or identify all factors that could cause actual results to differ from expected or historic results. Therefore, investors should not consider the foregoing factors to be an exhaustive statement of all risks, uncertainties, or factors that could potentially cause actual results to differ from forward-looking statements. Additional information concerning these factors can be found in our periodic filings with the SEC, including our most recent Annual Report on Form 10-K, as updated by our quarterly reports on Form 10-Q, current reports on Form 8-K and other filings we make with the SEC.

SOURCE Whirlpool Corporation
2026-06-12 14:00 1mo ago
2026-06-02 19:15 1mo ago
Whirlpool (WHR) Stock Dips While Market Gains: Key Facts
WHR Whirlpool
FMP Stock News
Original source text
Whirlpool (WHR - Free Report) ended the recent trading session at $41.01, demonstrating a -3.37% change from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 0.13% for the day. Meanwhile, the Dow gained 0.45%, and the Nasdaq, a tech-heavy index, added 0.03%.

The stock of maker of Maytag, KitchenAid and other appliances has fallen by 20.03% in the past month, lagging the Consumer Discretionary sector's gain of 0.41% and the S&P 500's gain of 5.25%.

The investment community will be closely monitoring the performance of Whirlpool in its forthcoming earnings report. The company is predicted to post an EPS of $0.28, indicating a 79.1% decline compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $3.55 billion, down 5.95% from the prior-year quarter.

WHR's full-year Zacks Consensus Estimates are calling for earnings of $2.53 per share and revenue of $14.95 billion. These results would represent year-over-year changes of -59.39% and -3.68%, respectively.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Whirlpool. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 51.06% lower. Whirlpool presently features a Zacks Rank of #5 (Strong Sell).

Digging into valuation, Whirlpool currently has a Forward P/E ratio of 16.75. This indicates a premium in contrast to its industry's Forward P/E of 15.76.

It is also worth noting that WHR currently has a PEG ratio of 16.75. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As of the close of trade yesterday, the Household Appliances industry held an average PEG ratio of 16.75.

The Household Appliances industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 242, which puts it in the bottom 1% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
2026-06-12 14:00 1mo ago
2026-06-04 10:00 1mo ago
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Whirlpool Corporation - WHR
WHR Whirlpool
FMP Stock News
Original source text
, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Whirlpool Corporation ("Whirlpool" or the "Company") (NYSE: WHR). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Whirlpool and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On May 6, 2026, Whirlpool reported its first quarter 2026 financial results and provided its full-year 2026 outlook.  Among other things, the Company disclosed net sales of $3.273 billion, compared to $3.621 billion in the prior-year period, representing a decrease of 9.6%.  Whirlpool also disclosed GAAP net earnings (loss) available to Whirlpool common shareholders of $(85) million, compared to GAAP net earnings of $71 million in the prior-year period.  The Company reported that MDA North America net sales declined 7.5% year-over-year, while segment EBIT declined to $6 million from $149 million in the prior-year period.  MDA North America EBIT margin declined to 0.3%, compared to 6.2% in the prior-year period.  Whirlpool stated that, excluding currency, MDA North America net sales decreased 7.8% year-over-year, driven by "lower volume resulting from a significant industry decline" and "unfavorable price/mix as the Supreme Court's IEEPA ruling and anticipated refunds disrupted the industry pricing."  The Company also disclosed that EBIT margin was pressured by volume decline, unfavorable price/mix, and higher costs incurred to reduce inventory levels, partially offset by tariff recovery and mitigation actions.  For full-year 2026, Whirlpool stated that it expects net sales of approximately $15.0 billion, GAAP earnings per diluted share of $2.45 to $2.95, and ongoing earnings per diluted share of $3.00 to $3.50.  Whirlpool also disclosed a "common dividend suspension as we prioritize debt paydown." 

On this news, Whirlpool's stock price fell $6.52 per share, or 11.91%, to close at $48.21 per share on May 7, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes. 

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

SOURCE Pomerantz LLP
2026-06-12 14:00 1mo ago
2026-06-05 12:35 1mo ago
Whirlpool (WHR) Down 17% Since Last Earnings Report: Can It Rebound?
WHR Whirlpool
FMP Stock News
Original source text
It has been about a month since the last earnings report for Whirlpool (WHR - Free Report) . Shares have lost about 17% in that time frame, underperforming the S&P 500.

But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Whirlpool due for a breakout? Well, first let's take a quick look at its most recent earnings report in order to get a better handle on the recent drivers for Whirlpool Corporation before we dive into how investors and analysts have reacted as of late.

Whirlpool Reports Wider-Than-Expected Loss in Q1Whirlpool posted weaker-than-expected first-quarter 2026 results, with a wider loss per share and a sales miss, and both metrics declining on a year-over-year basis. The war in Iran triggered a sharp deterioration in U.S. consumer sentiment, with confidence weakening notably in late February and March.

The company reported an ongoing loss of 56 cents per share against the Zacks Consensus Estimate of earnings of 43 cents. This compared unfavorably with earnings per share (EPS) of $1.70 recorded in the prior-year quarter. Net sales of $3,273 million declined 9.6% year over year and missed the consensus mark of $3,386 million by 3.3%. Also, organic net sales were $3,193 million, down 6.1% year over year.

Quarterly gross profit was $415 million, down 31.6% from $607 million reported in the year-ago quarter. The gross margin contracted 410 basis points (bps) year over year to 12.7%.

Selling, general and administrative (SG&A) expenses dipped 11.6% year over year to $359 million. As a percentage of net sales, SG&A expenses fell 20 bps year over year to 11%. The ongoing EBIT of $44 million fell sharply from $214 million in the year-ago quarter. The ongoing EBIT margin of 1.3% fell 460 bps year over year.

On a positive note, the company has announced decisive efforts to restore profitability in MDA North America, with double-digit price increases and accelerated cost takeout actions. It is also taking inventory reduction actions to aid working capital efficiency.

WHR’s Region-Wise Performance DetailsNet sales for the MDA North America segment fell 7.5% year over year to $2,237 million. Excluding currency effects, the segment’s net sales declined 7.8% year over year on volume decline and price/mix as the Supreme Court's IEEPA ruling and expected refunds disrupted the industry pricing. The segment’s EBIT fell sharply year over year to $6 million from $149 million, and the EBIT margin contracted 590 bps to 0.3%, reflecting soft volumes, unfavorable price/mix and increased costs tied to lower inventory levels, partly offset by tariff recovery and mitigation efforts. The company has announced significant price increases to manage inflationary cost pressures. The segment’s sales lagged the Zacks Consensus Estimate of $2,372 million.

Net sales from MDA Latin America rose 5% year over year to $774 million. Excluding currency, the segment’s sales dropped 3.8% year over year on a highly promotional backdrop despite increased volumes. The segment’s EBIT of $47 million dipped 4.1% year over year. The EBIT margin contracted 60 bps year over year to 6%, attributable to negative price/mix, partly aided by favorable Brazil tax ruling and cost take-out efforts. The segment’s sales came below the Zacks Consensus Estimate of $820 million.

Net sales in SDA Global increased 13.4% year over year to $222 million, surpassing the consensus mark of $217 million. Excluding the currency impacts, sales jumped 9.5% on higher volumes, aided by product launches. The segment’s EBIT of $47 million reflected a 28.7% increase from the year-ago quarter. Segmental EBIT margin of 21% expanded 250 bps from the prior-year quarter due to growth across the direct-to-consumer business and cost take-out actions. The segment marked its sixth straight quarter of year-over-year revenue growth, reflecting strength in its product portfolio and value-creation strategy.

Whirlpool’s Financial Health SnapshotWhirlpool ended the first quarter with cash and cash equivalents of $626 million, long-term debt of $5.6 billion and total stockholders’ equity of $3.8 billion.

During first-quarter 2026, Whirlpool used cash of $827 million from operating activities and reported a negative free cash flow of $896 million. WHR incurred capital expenditure of $68 million in the same period. The company declared a dividend of 90 cents per share and paid dividends of $58 million in the reported quarter.

Whirlpool Updates 2026 OutlookFor 2026, Whirlpool now expects net sales of approximately $15 billion and an ongoing EBIT margin of about 4% on the largest price increases. Net sales reflect nearly 1.5% growth compared with 2025 on like-for-like net sales of about $14.7 billion. The company’s updated outlook calls for GAAP EPS of $2.45-$2.95 and ongoing EPS of $3.00-$3.50, based on an anticipated GAAP and adjusted tax rate of roughly 25%. The revised view shows a downside from net sales of $15.3-$15.6 billion and an ongoing EBIT margin of 5.5-5.8%, anticipated earlier. Whirlpool had previously anticipated GAAP EPS of $6.25 and ongoing EPS of $7.00 for 2026. In the prior year, the company recorded net sales of $15.5 billion, ongoing EBIT of 4.7%, GAAP EPS of $5.66 and ongoing EPS of $6.23.

Cash provided by operating activities is projected at approximately $700 million, with free cash flow expected to exceed $300 million for the current year. It reported cash provided by operating activities of $470 million and free cash flow of $81 million in 2025.

Whirlpool also said it is prioritizing debt reduction of more than $900 million in 2026 and plans to suspend its common dividend. It transitions to an asset-based revolver of roughly $2.25 billion expected to close in the second quarter of 2026.

How Have Estimates Been Moving Since Then?Since the earnings release, investors have witnessed a downward trend in estimates revision.

The consensus estimate has shifted -72.86% due to these changes.

VGM ScoresAt this time, Whirlpool has a poor Growth Score of F, however its Momentum Score is doing a lot better with a C. Charting a somewhat similar path, the stock has a grade of B on the value side, putting it in the second quintile for this investment strategy.

Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. It's no surprise Whirlpool has a Zacks Rank #5 (Strong Sell). We expect a below average return from the stock in the next few months.
2026-06-12 14:00 1mo ago
2026-06-10 18:46 1mo ago
Congresswoman Who Bought No Stocks In 2025 Is Back With More 2026 Trades: Here's The Shopping List
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FMP Stock News
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After not buying or selling any stocks in 2025, a congresswoman who made over $2.4 million in trades in 2024 is buying stocks once again in 2026. Here's a look at the latest transactions.

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Rep. Maria Elvira Salazar (R-Fla.) recently disclosed multiple stock purchases and several sales from May 2026, as reported by the Benzinga Government Trades page.

Here are the stocks that Salazar disclosed buying in May:

The latest purchases lean heavily on the technology side with IBM, Datadog and Qualcomm, but the largest purchases were made in Biogen, a well-known biotech company.

The latest batch of trades was much smaller overall than Salazar's disclosed trades earlier this year.

Salazar's Trading HistoryThe congresswoman has made over 90 trades since 2022, totaling $8.2 million, according to data from Quiver Quantitative.

Salazar made zero transactions in 2025, according to Quiver Quantitative, which came after trading more than $2.3 million in 2024.

The congresswoman is already over $1 million in trades for 2026, with $991,000 in purchases and $65,000 in sales.

Salazar currently sits on the House Committee on Foreign Affairs and the Financial Services Committee. She also serves on subcommittees for housing, capital markets and national security.

Those committee assignments could put her stock purchase, like some made previously, under more attention from retail investors.

Photo: Michael Vi / Shutterstock

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