Business

Whirlpool Warns of Industry Decline

Updated 2026-05-07 12:20 UTC 1 source Negative

Whirlpool reports a significant decline in the U.S. appliance industry due to the war in Iran, with shares down 20%.

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CNBC
"War in Iran resulted in recession-level industry decline in the U.S. as consumer confidence collapsed in late February and March," the company said.
2026-05-07 12:07 UTC
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