1514 ET - Whirlpool's market share is still suffering because its competitors are trying to get ahead of tariffs, Raymond James' Sam Darkatsh and Joshua Wilson say. The analysts assume Whirlpool's North America 2Q volumes of major domestic appliances will be down 9% year-over-year. They believe Whirlpool's market share is suffering from competitors loading the channel with imported products. Major appliance imports from South Korea and Vietnam increased by a mid-teens percentage in 1Q, and continued to rise in April and May, Darkatsh and Wilson say. The large amount of imports that have already landed in the U.S. will likely pressure Whirlpool's previously planned near-term price increases, the analysts say. They cut their 2Q adjusted EPS estimate to $1.56 from $1.85. (katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
July 16, 2025 15:15 ET (19:15 GMT)
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