Whirlpool announces second-quarter results; delivers sequential margin expansion

-- sequential margin expansion globally and in mda north america, driven by mda north america promotional pricing actions -- solid performance in sda global, mda latin america, and mda asia, all delivering double-digit net sales growth in the quarter -- continued progress toward cost take out goals; on track to deliver $300-$400 million in 2024 -- q2 gaap net earnings margin of 5.5%; gaap earnings per diluted share of $3.96 -- ongoing (non-gaap) ebit margin(1) of 5.3%; ongoing earnings per diluted share(2) of $2.39 -- expect full-year gaap earnings per diluted share of approximately $3.00, primarily impacted by the non-cash charge related to the europe transaction -- revised full-year ongoing earnings per diluted share(2)  to approximately $12.00, cash provided by operating activities to approximately $1.05 billion and free cash flow(3) to approximately $500 million benton harbor, mich. , july 24, 2024 /prnewswire/ -- whirlpool corporation (nyse: whr), today reported second-quarter 2024 financial results.
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