Whirlpool's North America Sales Continue Sliding -- Market Talk
Dow Jones2026/10/26 20:051605 ET - Whirlpool's North American sales are continuing to slide. The company reports an 8.3% decline in 3Q net sales from its North American major domestic appliances segment, fueling a broader 8.8% sales decline across the company. Whirlpool also cuts its full-year sales guidance by $500 million to around $14.5 billion following the 3Q results. The company has been grappling with soft demand fueled by a weak housing market and low consumer confidence, made worse by a heavy debt burden limiting its financial flexibility. Earlier this year, Whirlpool suspended its dividend. (elias.schisgall@wsj.com)
(END) Dow Jones Newswires
October 26, 2026 16:05 ET (20:05 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
UAE consulting firm DT House (DTDT.US) withdraws $26 million IPO in the US
UAE consulting firm DT House withdrew its initial public offering (IPO) plan in the United States on Wednesday.
Palo Alto Networks (PANW.US) reported to be in talks to acquire AI security startup Clutch, with a transaction amount of approximately $500 million
According to reports, Palo Alto Networks (PANW.US) is in negotiations to acquire the Israeli AI security startup Clutch Security, with a transaction amount of approximately $500 million.
The net inflow of US spot Bitcoin ETFs reached $74.6 million yesterday.
Crypto prices
More
