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Whirlpool Whirlpool Announces Increased Long - Term Value Creation Goals on the Back of Continued Record Performance and Delivers Very Strong Third - Quarter Results 10/21/2021 -- Announcing increased long - term value creation goals -- Third - quarter net sales growth of ~ 4 % , driven by cost - based pricing initiatives and a continued strong consumer demand environment -- Strong GAAP net earnings margin of 8.6 % ( up 120 bps ) and very strong ongoing ( non - GAAP ) EBIT margin ( 2 ) of 11.1 % ( down 80 bps ) , largely offsetting 650 bps of raw material inflation Cash provided by operating activities improved by $ 887 million driven by strong earnings ; adjusted free cash flow ( 4 ) improved by $ 1,126 million driven by strong earnings and positively impacted by the divestitures of Whirlpool China ( 6 ) and Turkey subsidiary -- Repurchased $ 441 million of shares in the quarter -- Increased full - year 2021 earnings per diluted share guidance to ~ $ 27.80 on a GAAP basis and ~ $ 26.25 on an ongoing basis ( 1 ) ; cash provided by operating activities of $ 1.95 billion and adjusted free cash flow ( 4 ) of $ 1.70 billion remain unchanged BENTON HARBOR , Mich . , Oct. 21 , 2021 / PRNewswire / -- Whirlpool Corporation ( NYSE : WHR ) , committed to being the best global kitchen and laundry company , in constant pursuit of improving life at home , today reported financial results for the third quarter of 2021 . " We are announcing our increased long - term value creation targets as well as increasing our earnings per share guidance to - $ 26.25 , " said Marc Bitzer , chairman and chief executive officer of Whirlpool Corporation . " We have , and will continue to deliver strong performance in a challenging environment . " MARC BITZER LONG - TERM VALUE CREATION GOALS Reconciliations to the equivalent GAAP measures -- net sales , net earnings , cash provided by ( used in ) operating 1