Electrolux Seeks $88 Million in U.S. Tariff Refunds

The refund process follows a February 2026 Supreme Court decision concluding that the International Emergency Economic Powers Act did not authorize the administration to impose the tariffs introduced in early 2025. With Phase 2 of the Court of International Trade’s refund protocol opening on June 29, 2026, Electrolux has moved to reclaim costs associated with the majority of its relevant entries.

This filing triggers a positive non-recurring item of roughly USD 61 million, which will be recognized in the second quarter of 2026 operating income for the North American region. An additional USD 27 million, tied to the first quarter of 2026, will be recorded against the cost of goods sold. Consequently, the company must issue a supplement to its May 28, 2026, rights issue prospectus, pending approval from the Swedish Financial Supervisory Authority.