Whirlpool stock tumbled 12% on Thursday after cutting full-year profit guidance in half. The appliance-maker's CEO blamed the ...
Learn more Whirlpool has a word for what’s happening to its business. Two, actually, and both of them are “recession.” On the ...
It’s no accident that demand for Big Macs and home appliances are declining at the same time. Pressure on consumer spending ...
Investors question the company’s recovery plan and its decision to halt quarterly payout.
Whirlpool’s shares plunged more than 20% after the company said consumer confidence has fallen to “recession level lows” ...
This three-bedroom, 3.5-bath home has a finished lower level, granite countertops, a whirlpool tub and the potential for two ...
With the war in Iran and economic concerns putting pressure on consumers and how they spend their money, Whirlpool is having ...
The appliance maker cut its earnings guidance in half as historically low consumer confidence steers people away from its ...
May 7 (Reuters) - Whirlpool shares plunged to their lowest level in more than 14 years on Thursday, after the home appliance maker missed the first-quarter revenue estimate and suspended its dividend.
In response to the deteriorating macroeconomic conditions, Whirlpool slashed its full-year earnings guidance by approximately ...
Whirlpool isn’t the first high profile company to slash its payout this year. Chemicals company LyondellBasell Industries, ...