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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.
Whirlpool's shares tumbled 12% on Tuesday after the home appliances maker slashed its full-year earnings forecast and ...
2don MSN
The Whirlpool ( NYSE: WHR) said it is recommending a new quarterly dividend rate of $0.90 per share, which is a notable reduction from the current $1.75 per share payout rate. Shares of Whirlpool ( ...
The dividend is payable on March 15, 2025, to stockholders of record at the close of business on February 28, 2025. About Whirlpool Corporation ...
Shares of the company, known for its large appliances such as washing machines and refrigerators, fell 12.1 per cent to $86 ...
Whirlpool said it is bound to benefit from President Trump’s tariff policies—just not yet. The Michigan-based appliance maker ...
Whirlpool Corporation (NYSE: WHR), today reported second-quarter financial results.
Whirlpool's disappointing results but full-throated support of new tariffs illustrates a key story this earnings season.
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