Whirlpool corporation announces second-quarter results

Delivered sequential net sales growth across all segments, despite negative consumer sentiment impacting global demand delivered significant cost take out of 100 basis points or approximately $50 million, in-line with full year expectations q2 gaap net earnings margin of 1.7%; gaap earnings per diluted share of $1.17 q2 ongoing (non-gaap) ebit margin(1) of 5.3%; ongoing earnings per diluted share(2) of $1.34 second-quarter results were unfavorably impacted by a non cash loss of $19 million, or $0.35 earnings per diluted share from beko europe b.v. equity in affiliates 2025 outlook is updated with full-year gaap earnings per diluted share of approximately $5.00 to $7.00, and ongoing earnings per diluted share(2) of $6.00 to $8.00; cash provided by operating activities of approximately $850 million and free cash flow(3) of approximately $400 million refinanced $1.2 billion of term loan debt at approximately 6.3% weighted average benton harbor, mich.
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