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Whirlpool Shares Slide After Slashing Forecast, Dividend as Tariffs Bite
(Reuters) -Whirlpool's shares tumbled on Tuesday after the home appliances maker slashed its full-year earnings forecast and dividend, citing pressure from rivals loading up on imports ahead of U.S. President Donald Trump's tariffs.
Whirlpool Cuts Full-Year Profit Guidance, Slashes Dividend as Tariffs Hurt 2Q Results -- Update
The company maintained its full-year sales outlook, guiding for net sales of $15.8 billion. Whirlpool said it is taking actions to offset added tariff costs and plans to deliver about $200 million of structural cost take out actions.
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