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Whirlpool Corporation's stock (NYSE: WHR) experienced a sharp decline of 16%, marking its largest drop since 2020, following the release of its fourth-quarter earnings report. The company's earnings results were mixed, and its guidance for the future disappointed investors. Specifically, Whirlpool reported a 19% year-over-year decrease in sales and an 11% decline in profit margins. The stock fell to a near eight-year low of Rs 1,094 on the Bombay Stock Exchange during intra-day trading, reflecting concerns about the housing market and overall demand. Analysts noted that the company's presentation included segments titled 'Profitable Growth' and 'Margin Expansion,' despite the negative financial performance.
#MarketsWithBS | Nestle India shares slipped 1% in trade on Saturday, logging an intra-day low at Rs 2,286.3 per share, when the markets were open for a special trading session for #Budget2025 @GuptaSirali #StockMarket #Markets https://t.co/g94a0RCypT
Whirlpool IR Fail Whirlpool $WHR (-16% on earnings) published an earnings slide with titled segments labeled 'Profitable Growth' and 'Margin Expansion' when sales fell 19% Y/Y and margin collapsed by 11% / 70bps. Safe to say the Maytag Man no longer resonates. https://t.co/xn1Kjwgrk1 https://t.co/xMJ8kSE2rM
#MarketsWithBS | Shares of #whirlpool hit a near eight-year low at Rs 1,094 as they slipped 13% on #BSE in Friday’s intra-day trade amid heavy volumes. #Markets #sharemarketindia #StockMarket https://t.co/K0XJvIcR1H
