Whirlpool Plunges 14.51% on Dividend Cut, Tariff Impact

On July 29, 2025, Whirlpool's stock experienced a significant drop of 14.51% in pre-market trading, marking a notable decline in its share price.

Whirlpool Corporation has announced a reduction in its dividend and adjusted its full-year profit forecast, citing the impact of tariffs as a primary factor. The company has cut its dividend to 90 cents per share, down from $1.75 per share in the first and second quarters. Additionally, Whirlpool has revised its full-year earnings guidance to a range of $6 to $8 per share, a significant decrease from the previous estimate of $10 per share.

Whirlpool's management has attributed the decline in earnings to competitors stockpiling Asian imports into the U.S., which has affected the company's market position. Despite these challenges, Whirlpool remains optimistic about its long-term prospects and continues to focus on strategic initiatives to mitigate the impact of tariffs and other market pressures.