Consumer

Whirlpool Drops Up to 17% on Weak Outlook, Reduced Demand

A Whirlpool refrigerator at a RC Willey Home Furnishings store in Orem, Utah.Photographer: George Frey/Bloomberg
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Shares of Whirlpool Corp. sank after the company reported quarterly sales and adjusted earnings that fell below estimates and gave a downbeat 2025 outlook.

Whirlpool fell as much as 17% in New York trading Thursday, the biggest intraday decline since October of 2023.