Whirlpool forecasts 2026 ongoing EPS of $3-$3.50 and halts dividends starting Q2 amid North America restructuring.
Whirlpool Corporation announced it will pause dividend payments beginning in Q2 2026 as part of a strategic reset for its North American business. The company guided for ongoing earnings per share of $3-$3.50 for 2026, following a challenging Q1 performance marked by a more than 10% price increase—the largest in over a decade.
The move follows weaker-than-expected results in North America, where pricing actions failed to offset volume declines. Prior guidance had not included a dividend suspension, signaling a shift in capital allocation priorities. Comparable periods saw stable payouts, making the pause a notable departure.
Management cited the need to reinvest in operations and improve competitiveness, though no immediate market reaction was detailed in the earnings call insights.