Electrolux's shares fall 24% on U.S. slump, US$1 billion rights issue [BNN Bloomberg (Canada)]
Whirlpool Corporation (WHR)
Last whirlpool corporation earnings: 4/30 04:10 pm
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Source: BNN Bloomberg
The appliance maker, which has struggled in the face of weak demand and cut-price competition, has been restructuring and focusing on more premium categories to try and lift profitability. Its tie-up with Midea and separate measures announced late on Thursday would result in 3,000 job cuts, it said. The Swedish company blamed a slump in U.S. demand as well as higher U.S. tariff costs as it swung to an operating loss of 266 million Swedish crowns ($29 million) in January-March from a year-earlier 452 million profit. Analysts had forecast a 280 million crown profit. Its shares, already down 5% this year, tumbled 24% to their lowest in 17 years. Electrolux, whose brands also include Frigidaire and AEG, said sales in North America, which accounts for a third of group sales but where the group has struggled for years, shrank organically by 12%, leading to a 0.5% decline in its global sales in the first quarter. The Whirlpool WHR.N competitor lowered its full-year North America mar
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News
- Bear of the Day: Whirlpool (WHR) [Yahoo! Finance]Yahoo! Finance
- Whirlpool (WHR) is now covered by Citigroup Inc.. They set a "neutral" rating and a $60.00 price target on the stock.MarketBeat
- Whirlpool (WHR) was upgraded by Mizuho to "hold".MarketBeat
- WHIRLPOOL CORPORATION TO ANNOUNCE FIRST-QUARTER RESULTS ON MAY 6TH AND HOLD CONFERENCE CALL ON MAY 7THPR Newswire
- Whirlpool (WHR) had its price target lowered by Bank of America Corporation from $60.00 to $50.00. They now have an "underperform" rating on the stock.MarketBeat
WHR
Earnings
- 1/28/26 - Miss
WHR
Sec Filings
- 4/24/26 - Form 8-K
- 4/23/26 - Form 4
- 4/23/26 - Form 4
- WHR's page on the SEC website