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Stock impact report

This High-Yield Stock Has Huge Potential, but Is It Safe to Buy Now? [Yahoo! Finance]

Whirlpool Corporation (WHR) 
Last whirlpool corporation earnings: 4/30 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
from a lower interest rate environment makes it suitable for value investors willing to take a contrarian view. Does it add up to make the stock a buy? Here's what you need to know. Last year hasn't gone as management expected, and it's no surprise the stock was down more than 15% in that time frame. The Federal Reserve took longer than many, including Whirlpool's management, expected to start cutting interest rates, and the enduringly high interest rates throughout the year have pressured the housing market and, in turn, demand for major domestic appliances. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » The impact on Whirlpool's business has been noticeable. Management continues to expect like-for-like sales to be flat on 2023. Still, it reduced its full-year earnings before interest and taxation (EBIT) margin guidance due to weaker end-market conditions. Having started the year forecasting an ongoing EBIT margin of Show less Read more
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