Published • loading... • Updated
Dorman Products: Q3 Earnings Snapshot
The appliance maker said weak demand and higher rates pushed sales lower and led to a full-year loss forecast.
- On Monday, Whirlpool Corp. reported a third-quarter loss of $237 million, sending shares down 8.5% in late trading after the maker of Maytag and KitchenAid posted disappointing results.
- Weak appliance demand weighed on the company during the period, with revenue reaching $3.68 billion as macroeconomic headwinds pressured consumer purchasing power across major markets.
- Whirlpool updated its 2026 outlook to a full-year GAAP loss of $4.95 per share, reversing prior profit expectations, with revenue projected at approximately $14.5 billion.
- Despite the downturn, net debt expectations improved from under $5 billion to under $4.5 billion by year end, while the company maintained its approximately $300 million free cash flow target.
- Fourth-Quarter price increases for major domestic appliances announced in North America and Latin America will support operational progress against the challenging macroeconomic backdrop.
Insights by Ground AI
25 Articles
25 Articles
CMS Energy Announces Third Quarter Results, Reaffirms 2026 and 2027 Adjusted EPS Guidance
JACKSON, Mich., Oct. 27, 2026 /PRNewswire/ -- CMS Energy announced today reported earnings per share of $0.39 for the third quarter of 2026, compared to $0.92 per share for 2025. The company's adjusted earnings per share for the third quarter…
·Madison, United States
Read Full Article
Coverage Details
Total News Sources25
Leaning Left1Leaning Right3Center11Last UpdatedBias Distribution73% Center
Bias Distribution
- 73% of the sources are Center
73% Center
C 73%
R 20%
Factuality
To view factuality data please Upgrade to Premium
