Zinger Key Points
- Whirlpool reported fourth-quarter net sales of $4.14 billion, down 18.7% year-over-year.
- The company's 2025 guidance came in below analyst estimates.
Whirlpool Corporation WHR stock is trading lower after the company reported fourth-quarter financial results and issued 2025 guidance after market close Wednesday.
What Happened: Whirlpool reported fourth-quarter net sales of $4.14 billion, down 18.7% year-over-year. The revenue total missed a Street consensus estimate of $4.23 billion, according to data from Benzinga Pro.
The company said the net sales decline was the result of the Europe divestiture with organic net sales up 1.9% year-over-year.
Whirlpool's fourth-quarter earnings per share of $4.57 beat a Street consensus estimate of $4.28.
"In 2024, we continued to make progress in our operations and delivered on our cost take out commitment of $300 million while achieving the closure of the Europe transaction, supporting our ongoing portfolio transformation," Whirlpool CEO Marc Bitzer said.
What's Next: Whirlpool said it expects to pay down around $700 million in debt in 2025. The company also said it intends to reduce its ownership stake in Whirlpool of India to around 20% in 2025 via market sale.
"In 2025, we expect to deliver more than $200 million of cost take out and position our business for the eventual U.S. housing recovery," Bitzer said.
Whirlpool Chief Financial Officer Jim Peters said the India transaction and capital allocation priorities will "maximize shareholder value" and improve the company's balance sheet.
The company's guidance calls for full-year 2025 revenue to be $15.8 billion, up 3% year-over-year on a "like-for-like basis." Analysts expect the company to report revenue of $16.7 billion.
The company expects full-year 2025 earnings per share to be $8.75 versus an analyst target of $11.95.
WHR Price Action: Whirlpool stock is down 12% to $114.25 in after-hours trading Wednesday versus a 52-week trading range of $84.18 to $135.49.
Read Next:
Photo: Grzegorz Czapski/Shutterstock.com
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.