Whirlpool tumbles on Q1 earnings, says war is causing “recession-level” decline in US appliance demand
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Whirlpool's first quarter earnings have been negatively impacted, with the company citing a war as a factor in a decline in US appliance demand. The decline is described as being at a "recession-level". It is unclear which war is being referenced, with some reports specifying the Iran war, and the company is also experiencing rising costs that may lead to higher prices for customers.
Full coverage
1234