Whirlpool

Q2 FY2026 EarningsQ2 FY26 revenue of $3.52B missed the $3.55B consensus due to soft North American demand and the deconsolidation of Whirlpool India. Gross margin was significantly lower at 12.6% vs. the 14.8% expectation, driven by operational inefficiencies and tariff costs. Despite these top-line pressures, Diluted EPS of $1.15 beat the normalized consensus of $0.05, primarily buoyed by a $139M one-time gain from the Beko Europe divestiture. Management lowered the FY26 industry outlook for North America to -5% YoY.