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Whirlpool tumbles as tariff delays cause outlook, dividend cuts
Whirlpool Corp. tumbled as tariff uncertainty upended expected benefits from the levy regime, forcing the appliance-maker to slash its outlook and dividend to shore up its financial position. The stock plunged as much as 14% in New York, the steepest intraday drop since January.
Whirlpool Cuts Full-Year Profit Guidance, Slashes Dividend as Tariffs Hurt 2Q Results -- Update
Whirlpool also expects to benefit from a healthier housing market. The company said a recovery in existing home sales should drive higher discretionary demand for appliances in the mid- to long-term, while a multi-year expansion of new housing in the U.S. after years of under supply should provide further long-term upside.
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Whirlpool (WHR) Stock Trades Down, Here Is WhyShares of home appliances manufacturer Whirlpool (NYSE:WHR) fell 12.6% in the afternoon session after the company reported ...
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Whirlpool said it is bound to benefit from President Trump’s tariff policies—just not yet. The Michigan-based appliance maker ...
Whirlpool has increased its regular dividend in every year for the last eight years and from $2.38/share in 2013 to $4.85/share in 2020, or 9% compounded annually.
Whirlpool trimmed its 2025 adjusted earnings guidance to a range of $6 to $8 a share from $10 prior. While the company ...
Whirlpool Corporation (NYSE: WHR), today reported second-quarter financial results.
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