WHIRLPOOL’S CFO SAYS APPLIANCE DEMAND IS AT ITS WEAKEST SINCE THE 2008 FINANCIAL CRISIS — A SIGN CONSUMERS ARE PULLING BACK HARD ON BIG-TICKET SPENDING WHEN PEOPLE STOP BUYING WASHING MACHINES AND FRIDGES, FACTORIES NEED LESS CARDBOARD, SHIPPING SLOWS, AND ECONOMIC PRESSURE STARTS SPREADING ACROSS INDUSTRIES

@FirstSquawk I need a new refrigerator. I REFUSE to buy a new one right now. Not a money issue, its a quality issue. Appliances today suck. Period. They dont last, they have 'features' I never asked for and they are expensive. THAT is why. @WhirlpoolCorp make something WORTH buying.

@FirstSquawk a factor you're missing is @WhirlpoolCorp @LGUS @TheMaytagMan_ et. al. make shit appliances that don't last there's a used appliance store down the street from me that fixes & sells older units that were built to last & not built to be replaced every 5 fucking years get it right

@FirstSquawk Where is Whirlpool made ?? Appliances like new autos are not reliable

@FirstSquawk Except Amazon is a thing now and I alone will keep cardboard going.

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@FirstSquawk I do think you’re underestimating the vast consumer frustration with “the modern appliance” as well. There is no excitement around stepping up to that next level washer anymore. People seem to want to revert to lo-fi button and dial versions.

@FirstSquawk I literally opted to buy a $40 part to fix my washing machine last night and avoided spending 1000s of dollars on new, unreliable crap.

@FirstSquawk Are the not buying appliances or just not buying Whirlpool made appliances?

@FirstSquawk If people aren’t buying homes or moving they aren’t buying washing machines. It’s not that big of a deal

@FirstSquawk Dudes makes holders equity value goin from 4.12 b in ‘19 to 2.71 b in ‘25,gross profit in same period is like -50%. Chinese,south korea and turkey makers ate their lunch.

@FirstSquawk Oopps

@FirstSquawk Also check the cardboard. When cardboard demand increases, it means more companies are shipping their products due to higher consumer spending.

@FirstSquawk No problem. Ask ChaptGPT or Grok how to wash clothes without a washer.

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@FirstSquawk Consumer discretionary getting hit hard on appliance demand this weak suggests the wage-growth story is running out of gas faster than expected.

@FirstSquawk Americans are struggling.

@FirstSquawk Wow first squawk pumping the bearish vibes tonight

@FirstSquawk More like the shit hasn’t broken yet

@FirstSquawk Don t think AI industry cares, they have their 10% rich circle people, they finance AI and buy it's products ,