Latest news with #MarcBitzer
Yahoo
08-08-2025
- Business
- Yahoo
Prediction: Whirlpool Will Soar Over the Next Few Years. Here's 1 Reason Why.
Key Points Investors need to be patient, but the tariffs will inevitably improve Whirlpool's competitive position in the US market. The tariffs on its Asian competitors are significant and, if maintained, could prove a game-changer for the company. 10 stocks we like better than Whirlpool › Some positive things are going Whirlpool's (NYSE: WHR) way of late. The home appliance maker looks set to be a net winner over the long term from the Trump administration's recent tariff actions. The company's decision last year to exit its European business (which combined with Arcelik to form Beko Europe) should magnify the tariff's benefits further by increasing the company's exposure to North America. Whirlpool's near-term headwinds That said, the company needs to overcome some near-term headwinds, and the irony is that they are caused by the self-same tariff actions that will help the company over the long term. As recently discussed, Whirlpool's immediate problem is that Asian competitors are preloading product into the market in anticipation of higher tariffs (as they did in the first quarter) or to take advantage of any tariff pauses (as they did in the second quarter). As a result, Whirlpool's markets are suffering intense promotional activity as its competitors sell their inventory into the market through 2025. According to Whirlpool CEO Marc Bitzer on a recent earnings call, "we expect that foreign competitors will begin to experience the full implications of tariffs and appliances as they sell down their preloaded inventory in the back half of 2025." Bitzer's comment speaks to a likely continuation of the near-term pressure that caused the company to cut its full-year guidance. Whirlpool's long-term growth prospects Still, it also refers to the substantive tariffs currently applied to Asian competitors. Whirlpool outlined some of them on its earnings presentation, with imports from China tariffed at 44% to 61%, Korea at 29%, Vietnam at 25%, Thailand at 39%, etc. While these rates may change, and its competitors can expand investment to produce more in the U.S., 80% of what Whirlpool sells in the U.S. is made in the U.S. Simply put, Whirlpool is best placed to benefit from the new tariff regime, and that should become clear enough as the full impact of tariffs kicks in. As such, Whirlpool stock has excellent upside prospects. Should you buy stock in Whirlpool right now? Before you buy stock in Whirlpool, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Whirlpool wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $635,544!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,099,758!* Now, it's worth noting Stock Advisor's total average return is 1,046% — a market-crushing outperformance compared to 181% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025 Lee Samaha has no position in any of the stocks mentioned. The Motley Fool recommends Whirlpool. The Motley Fool has a disclosure policy. Prediction: Whirlpool Will Soar Over the Next Few Years. Here's 1 Reason Why. was originally published by The Motley Fool
Yahoo
07-08-2025
- Business
- Yahoo
Why Whirlpool Stock Crashed in July, and Why It Looks Like an Excellent Value Now
Key Points Cutting the dividend was a necessary step to strengthening the balance sheet by helping reduce debt. Whirlpool is primarily a U.S. producer, and the tariffs will significantly enhance its competitive position. It remains a challenging near-term environment, but if investors can tolerate some volatility, the stock could generate significant returns over time. These 10 stocks could mint the next wave of millionaires › Domestic appliance maker Whirlpool (NYSE: WHR) is one of the most perplexing stocks on the market. Its stock declined 18.1% in July, according to data from S&P Global Market Intelligence, dragged down by a disappointing second-quarter earnings report. Whirlpool continued to face the pressures that had dogged its first quarter. In the March-ending quarter, Asian competitors pushed through imports of products into the U.S. market ahead of potential tariff actions by the Trump administration, thus creating an intensive competitive environment. The administration then applied tariffs in early April, only to announce a 90-day pause on the higher rate of tariffs, except for China. As such, it's hardly surprising that Whirlpool's Asian peers took advantage of the pause to, once again, preload the market with imports. Whirlpool CEO Marc Bitzer described the situation as follows on the recent earnings call: "We estimate that during the first half of this year, the amount of Asian appliance imports will approach the highest level on record. Needless to say, this preloading has created significant short-term disruption, adding to the promotional intensity throughout the second quarter." Bitzer believes the pressure on Whirlpool's profit margin created in this environment will extend deep into the third quarter , and management had no choice but to lower its full-year guidance accordingly. The new guidance calls for a full-year ongoing earnings before interest and taxation margin of 5.7%, compared with 6.8% previously, and earnings per share of $6 to $8, compared with $10 previously. Where next for Whirlpool It's never good news to see a company cut guidance, especially one holding $6.2 billion in long-term debt , with guidance for just $400 million in free cash flow (FCF) in 2025. Still, Whirlpool stock can make a comeback. First, the significant tariffs imposed on its competitors will eventually hit the competitive position of its rivals, and Whirlpool, a company that produces 80% of its U.S. sales in the United States, is ideally placed to benefit. Second, the dividend cut from $7 per share annually to $3.60 will save about $190 million, the guidance for FCF of $400 million will help, and management aims to generate $500 million to $600 million from the sale of a stake in Whirlpool of India in 2025. All of that gives firepower to reduce debt by $700 million in 2025, in line with management's plan. Whirlpool in 2026 Moving into 2026, the tariff actions should strengthen Whirlpool's competitive position, and the possibility of an interest-rate cut could alleviate some of the pressure on the housing market and sales of the company's higher margin discretionary market appliances. Trading at less than 12 times estimated FCF in a trough year, Whirlpool is an attractive stock for value investors. Don't miss this second chance at a potentially lucrative opportunity Ever feel like you missed the boat in buying the most successful stocks? Then you'll want to hear this. On rare occasions, our expert team of analysts issues a 'Double Down' stock recommendation for companies that they think are about to pop. If you're worried you've already missed your chance to invest, now is the best time to buy before it's too late. And the numbers speak for themselves: Nvidia: if you invested $1,000 when we doubled down in 2009, you'd have $462,306!* Apple: if you invested $1,000 when we doubled down in 2008, you'd have $38,522!* Netflix: if you invested $1,000 when we doubled down in 2004, you'd have $619,036!* Right now, we're issuing 'Double Down' alerts for three incredible companies, available when you join , and there may not be another chance like this anytime soon.*Stock Advisor returns as of August 4, 2025 Lee Samaha has no position in any of the stocks mentioned. The Motley Fool recommends Whirlpool. The Motley Fool has a disclosure policy. Why Whirlpool Stock Crashed in July, and Why It Looks Like an Excellent Value Now was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-07-2025
- Business
- Yahoo
Whirlpool (WHR) Slashes 13.4% on Dismal Q2 Earnings
We recently published . Whirlpool Corporation (NYSE:WHR) is one of the worst-performing stocks on Tuesday. Whirlpool Corp. fell by 13.43 percent to close at $84.76 apiece as investor sentiment was dampened by its dismal earnings performance in the second quarter of the year. In a statement, Whirlpool Corporation (NYSE:WHR) said attributable net income fell by 70.1 percent to $65 million from $219 million in the same period last year, while net sales decreased by 5.4 percent to $3.77 billion from $3.99 billion year-on-year. Copyright: johnkasawa / 123RF Stock Photo 'As expected, the second quarter continued to be impacted by competitors' stockpiling Asian imports into the US. Despite this, we are well-positioned in North America with a robust pipeline of new products, the industry's leading US manufacturing footprint, and favorable housing demand fundamentals,' said Whirlpool Corporation (NYSE:WHR) Chairman and CEO Marc Bitzer. 'We are confident in our long-term strategy and believe that evolving tariff policies will ultimately support domestic manufacturers,' he noted. For full-year 2025, Whirlpool Corporation (NYSE:WHR) expects soft demand to continue, with net sales projected to drop by 4.8 percent to $15.8 billion from $16.6 billion in 2024. While we acknowledge the potential of WHR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-07-2025
- Business
- Yahoo
Whirlpool shares slump,; co slashes forecast and dividend
(Reuters) -Whirlpool's shares tumbled 12% on Tuesday after the home appliances maker slashed its full-year earnings forecast and dividend, blaming pressure from rivals loading up on imports ahead of U.S. President Donald Trump's tariffs. Shares of the Michigan-based company, known for its large appliances such as washing machines and refrigerators, slid 12.1% to $86, hitting their lowest level in more than six weeks. BofA Global Research downgraded Whirlpool's stock to "underperform" from "neutral" and cut its price target to $70, the second lowest on Wall Street. Whirlpool's stock was last at $85.64, and is now down 25% in 2025. Late on Monday, Whirlpool forecast 2025 earnings in the range of $6 to $8 per share, down from its prior forecast of $10. It expects net sales to be flat, compared with its earlier forecast of about 3% growth from a year ago. The company also slashed its annual dividend to $3.60 per share from $7. Whirlpool predominantly manufactures in the U.S., and it expects to benefit from Trump's tariffs on appliance imports in the long run. However, a rush by Asian manufacturers to sell their products ahead of the duties dented its earnings. "As expected, the second quarter continued to be impacted by competitors stockpiling Asian imports into the U.S.," CEO Marc Bitzer said. Whirlpool's profit warning comes as it grapples with slowing growth, and it has undergone a restructuring in recent years. Reuters reported last year that German engineering group Robert Bosch is weighing a bid for Whirlpool. BofA analysts wrote in a client note that Whirlpool's foreign rivals appear willing to sacrifice margins in the short term to protect their market share. "If tariffs result in another round of industry price increases, we see a risk that volume deteriorates in a weak consumer environment," BofA analysts also wrote. Whirlpool reported second-quarter net sales of $3.77 billion, missing Wall Street analysts' average estimate of $3.88 billion, according to data compiled by LSEG. Quarterly profit also dropped to $1.17 per share from $3.96 a year earlier. Power tools maker Stanley Black & Decker also reported lower profits over the lack of clarity on tariffs, sending its shares down about 8%.
Yahoo
16-06-2025
- Business
- Yahoo
Whirlpool Corporation Welcomes Judith Buckner to Board of Directors
BENTON HARBOR, Mich., June 16, 2025 /PRNewswire/ -- The Whirlpool Corporation board of directors has appointed Judith K. Buckner, president of Reynolds Cooking & Baking, to the board, effective immediately. Buckner will serve on the corporate governance and nominating committee and the human resources committee. "Judith is a highly respected leader who knows how to create a positive impact in all aspects of the business and we are excited to have her joining our board," said Marc Bitzer, chairman and CEO of Whirlpool Corporation. "Her vast experience in the kitchen category will be an incredible asset as Whirlpool Corporation continues to focus on improving life at home for consumers around the world." Buckner was named president of Reynolds Cooking & Baking in 2022, having previously served as president of the Presto Products business unit of Reynolds Consumer Products, Inc., as well as the senior vice president of business transformation at Reynolds Consumer Products, Inc. and the vice president of operations and engineering for the Hefty Waste Bags & Food Bags. Buckner joined Reynolds Consumer Products, Inc. in 2000 as an engineering manager and has held various positions of increasing responsibility in manufacturing, operations and engineering. Buckner graduated from Purdue University with a degree in chemical engineering. About Whirlpool CorporationWhirlpool Corporation (NYSE: WHR) is a leading home appliance company, in constant pursuit of improving life at home. As the only major U.S.-based manufacturer of kitchen and laundry appliances, the company is driving meaningful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator. In 2024, the company reported approximately $17 billion in annual sales - close to 90% of which were in the Americas - 44,000 employees, and 40 manufacturing and technology research centers. Additional information about the company can be found at View original content to download multimedia: SOURCE Whirlpool Corporation
