Whirlpool CEO Sees Consumers Increasingly Trading Down -- Market Talk

Dow Jones

Jul 30

1310 ET - Whirlpool CEO Marc Bitzer says economic uncertainty has increasingly suppressed demand and led its customers to continue to trade down to lower-end appliances. "Weakened consumer confidence pushed mix down further in an environment that was already largely replacement driven," he says during a call with analysts. The company's discretionary demand, which tends to bring a stronger mix, has come under pressure in recent quarters amid falling existing home sales, he says. He expects such demand to eventually rebound as the housing market recovers, he says. Whirlpool sinks 11% after lowering profit guidance and cutting its dividend on disappointing quarterly results. (kelly.cloonan@wsj.com)

(END) Dow Jones Newswires

July 29, 2025 13:10 ET (17:10 GMT)

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The company's discretionary demand, which tends to bring a stronger mix, has come under pressure in recent quarters amid falling existing home sales, he says. He expects such demand to eventually rebound as the housing market recovers, he says. Whirlpool sinks 11% after lowering profit guidance and cutting its dividend on disappointing quarterly results.  (kelly.cloonan@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 29, 2025 13:10 ET (17:10 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Whirlpool CEO Sees Consumers Increasingly Trading Down -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhirlpool CEO Sees Consumers Increasingly Trading Down -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-07-30 01:10</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1310 ET - <a href=\"https://laohu8.com/S/WHR\">Whirlpool</a> CEO Marc Bitzer says economic uncertainty has increasingly suppressed demand and led its customers to continue to trade down to lower-end appliances. \"Weakened consumer confidence pushed mix down further in an environment that was already largely replacement driven,\" he says during a call with analysts. The company's discretionary demand, which tends to bring a stronger mix, has come under pressure in recent quarters amid falling existing home sales, he says. He expects such demand to eventually rebound as the housing market recovers, he says. Whirlpool sinks 11% after lowering profit guidance and cutting its dividend on disappointing quarterly results.  (kelly.cloonan@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 29, 2025 13:10 ET (17:10 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2555302065","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2555302065","pubTimestamp":1753809000,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1310 ET - Whirlpool CEO Marc Bitzer says economic uncertainty has increasingly suppressed demand and led its customers to continue to trade down to lower-end appliances. \"Weakened consumer confidence pushed mix down further in an environment that was already largely replacement driven,\" he says during a call with analysts. The company's discretionary demand, which tends to bring a stronger mix, has come under pressure in recent quarters amid falling existing home sales, he says. He expects such demand to eventually rebound as the housing market recovers, he says. Whirlpool sinks 11% after lowering profit guidance and cutting its dividend on disappointing quarterly results.  ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","BK4191":"家用电器","WHR":"惠而浦","BK4588":"碎股"},"translate_title":"惠而浦首席执行官认为消费者越来越多地降价——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WHR":1},"content_text":"1310 ET - Whirlpool CEO Marc Bitzer says economic uncertainty has increasingly suppressed demand and led its customers to continue to trade down to lower-end appliances. \"Weakened consumer confidence pushed mix down further in an environment that was already largely replacement driven,\" he says during a call with analysts. The company's discretionary demand, which tends to bring a stronger mix, has come under pressure in recent quarters amid falling existing home sales, he says. He expects such demand to eventually rebound as the housing market recovers, he says. Whirlpool sinks 11% after lowering profit guidance and cutting its dividend on disappointing quarterly results.  (kelly.cloonan@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  July 29, 2025 13:10 ET (17:10 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}