We expect U.S. based- Whirlpool Corp. ?s profitability and credit metrics will remain weak for the rest of the year due to higher-than-expected inventory in its North American major domestic appliance market, ongoing uncertainty around the size and timing of tariffs, weak consumer sentiment, and limited pricing power to offset those costs. Close of the Whirlpool India sale could be in early 2026, potentially delaying the company?s target to repay $700 million of gross debt in fiscal 2025. Management?s 50% dividend cut will not materially improve near-term credit metrics, and we now expect leverage will remain elevated at about 5x at the end of 2025 before improving to 4.4x at the end of fiscal 2026. We affirmed our ratings, including
