Whirlpool Slashes Profit Outlook and Dividend Amid Tariff Pressures

In a disappointing turn of events, Whirlpool Corporation (NYSE:WHR) has seen its stock price plummet 27% year-to-date as the company grapples with the impact of global tariffs and fierce overseas competition.

According to the latest developments, Whirlpool has cut its 2025 midpoint profit-per-share guidance from $10 to $7, a significant reduction. The company has also slashed its dividend from $7 to $3.60 per share and lowered its revenue growth guidance from 3% to flat.

Cramer, who was previously quite optimistic about Whirlpool's prospects, has now acknowledged the firm's struggles. He attributed the poor performance to the fact that Whirlpool's competitors in Korea and China were able to flood the market with products ahead of the tariffs, putting Whirlpool at a disadvantage.

Despite the challenges, Whirlpool remains a company with potential. Cramer had earlier suggested that the president's tariffs on steel could make Whirlpool's competitors more expensive, potentially allowing the company to sell its washers and dryers at full price without the threat of dumping from trading partners.

As the market continues to experience a "sea of green," Whirlpool's woes serve as a reminder that not all companies are benefiting equally from the current economic conditions. Investors will be closely watching to see how Whirlpool navigates these turbulent times and whether it can regain its footing in the face of intense global competition.