Whirlpool stock sinks 20%, CFO says appliance demand hasn't been this low since 'the great financial crisis'
- Posted on May 7, 2026
- By Google News
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- 1 min read
Whirlpool stock sinks 20%, CFO says appliance demand hasn't been this low since 'the great financial crisis'
Whirlpool said demand for major appliances like dishwashers and refrigerators in the US and Canada "reached recession-level lows" in the first quarter, as historically low consumer confidence led to fewer big-ticket discretionary purchases.
