Whirlpool Q1 Loss, Outlook Cut 16% Share Drop

Whirlpool reported Q1 adjusted loss of $0.56 per share, missing consensus profit of $0.62, and revenue fell 9.6% YoY to $3.27 bn.
Shares plunged 16.4% after the company cut FY2026 earnings outlook to $3.00‑$3.50 per share, well below the $4.73 consensus.
CEO Marc Bitzer cited recession‑level conditions, noting a 0.3% EBIT margin in North America and announcing a price hike plus $150 m savings.
The firm posted $896 m cash flow outflow in Q1, yet expects over $300 m free cash flow FY2026 while cutting debt by $900 m.