Whirlpool Corporation (WHR)
Whirlpool shares drop 20% as appliance giant warns consumer sentiment at ‘recession level lows' on Iran war
“This level of industry decline is similar to what we have observed during the global financial crisis and even higher than during other recessionary periods,” Whirlpool CEO, Marc Bitzer said.
Whirlpool cuts forecast, suspends dividend as Iran war hammers demand
Whirlpool Corporation (NYSE:WHR) reported a steep first-quarter loss and slashed its full-year outlook, citing rapid deterioration in macroeconomic conditions driven by the Iran war. The appliance maker posted revenue of $3.27 billion for the first quarter of 2026, falling short of analyst estimates of $3.51 billion and down 9.6% from a year earlier.
Whirlpool's Shares Slip 16% on Q1 Loss & Slashed Outlook
WHR shares sink after a Q1 loss, sales miss and lower 2026 outlook, as weak consumer sentiment and soft demand pressured margins.
Whirlpool Shares Plummet 21% After ‘Recession-Level Industry Decline' Hits Earnings
Betting odds of a recession this year dropped to an all-time low last week as the Trump administration carried out ceasefire talks with Iran, and as federal data pointed to a more resilient economy. The broader stock market recorded growth in April not seen in years: The Dow Jones Industrial Average rose 7.1%, its best month since November 2024, and the S&P 500 soared 10.4% in its best month since November 2020, while the Nasdaq surged 15.3% in the index's best month since April 2020.
Whirlpool says Iran war causing 'recession-level industry decline.' The shares are down 20%
"War in Iran resulted in recession-level industry decline in the U.S. as consumer confidence collapsed in late February and March," Whirlpool said. The comments underscored how sharply higher fuel prices and collapsing consumer confidence are beginning to weigh on big-ticket purchases.
Whirlpool (WHR) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Whirlpool (WHR) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
The Iran War Is Crushing Whirlpool's Profits—and Higher Prices Are Coming
Historically low consumer confidence is steering people away from the company's higher-end appliances.
Analysts Estimate Whirlpool (WHR) to Report a Decline in Earnings: What to Look Out for
Whirlpool (WHR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Here's Why Whirlpool (WHR) Fell More Than Broader Market
Whirlpool (WHR) reached $55.2 at the closing of the latest trading day, reflecting a -1.02% change compared to its last close.
Whirlpool (WHR) Stock Drops Despite Market Gains: Important Facts to Note
In the latest trading session, Whirlpool (WHR) closed at $55.65, marking a -2.21% move from the previous day.
Whirlpool's Q1 Earnings Upcoming: What Lies Ahead for the Stock?
WHR faces a tough Q1 2026 as weak demand, tariffs and rising costs weigh on results, with earnings and revenues both set to decline sharply.
Whirlpool (WHR) Stock Drops Despite Market Gains: Important Facts to Note
Whirlpool (WHR) closed the most recent trading day at $55.27, moving 1.36% from the previous trading session.
