Completion of Europe Transaction
The completion of the Europe transaction was a key milestone in Whirlpool's ongoing portfolio transformation, unlocking significant value-creation opportunities.
Cost Reduction Initiatives
Whirlpool delivered substantial cost reduction initiatives of approximately $300 million and achieved structural cost savings of more than $100 million.
Sequential EBIT Margin Increase
Since the first quarter, Whirlpool has sequentially increased ongoing EBIT margin by 170 basis points, achieving three consecutive quarters of margin expansion.
Debt Reduction and Shareholder Returns
Whirlpool returned approximately $400 million of cash to shareholders in dividends and paid down $500 million of debt.
Free Cash Flow Achievement
Significant working capital efficiency resulted in $385 million in free cash flow.
Strong Product Launch Pipeline for 2025
Whirlpool expects growth driven by a strong product launch pipeline, expected to deliver share growth in MDA North America and continued strength in SDA Global and international businesses.
MDA Latin America Growth
MDA Latin America segment had strong net sales growth of 7% year-over-year excluding currency, with EBIT margin expanding by 240 basis points year-over-year.