Whirlpool Q3 Report 2022
- Q3 results impacted by double digit industry declines and elevated cost inflation
- Most major marketplaces down 10%-25%
- Reduced global production by 35% to lower inventories
- Q3 impacted by inventory reduction of ~$300M
- Delivered ongoing EPS of $4.49 and ongoing EBIT margin of 5.5%, with ~10% EBIT margins in North America
