Report
Whirlpool cuts 2026 outlook for third time, forecasts first annual loss in decades
Bloomberg reports Whirlpool shares tumbled after the outlook cut amid a sluggish recovery and weakening appliance demand.
TLDR
Bloomberg reports Whirlpool cut its full-year outlook for the third time in 2026 and now expects an ongoing loss of $1.30 per share, compared with its previous forecast of $2.50 to $3 in ongoing earnings per share. The company forecasts its first annual loss in decades. Barron’s reports it also cut full-year revenue guidance.
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