Whirlpool says consumers’ appliance demand is waning, as costs mount

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Whirlpool says consumers’ appliance demand is waning, as costs mount
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Whirlpool Corp. said U.S. consumers’ demand for appliances is slowing two years into the pandemic, as the dishwasher and refrigerator maker cut its sales forecast and said it would review an international division.

. Whirlpool said that industrywide volumes in North America declined 4% in the quarter from a year before, but remained 24% above 2019 levels.

A worker walks out of the Whirlpool plant at the end of his shift in Evansville, Indiana November 23, 2009.Shares rose 0.9% in post-market trading, as the company reported higher than expected earnings per share.

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