Whirlpool Q3 Report 2023

• Net sales growth of ~3%
  • 1pt+ North America share gains
  •  Strong replacement and builder demand
  • Normalized promotional environment
• 100 basis points of year-over-year ongoing EBIT margin expansion
  •  Cost take out actions delivered ~$300M in Q3
• Cost take out actions on track to deliver $800M+ full-year benefit
• Delivered ongoing EPS of $5.45

 

PROFITABLE GROWTH
Net Sales $4.9B YoY Change 3.0% (1.1%) organic
MARGIN EXPANSION
Ongoing EBIT Margin 6.5% YoY Change 1.0 pts
CASH CONVERSION
Free Cash Flow $(660)M FCF as % of Net Sales (4.6)%