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WHR-BEARISH SCENARIO

Short
NYSE:WHR   Whirlpool Corporation
Whirlpool Corporation is committed to being the best global kitchen and laundry company, in constant pursuit of improving life at home. In an increasingly digital world, the company is driving purposeful innovation to meet the evolving needs of consumers through its iconic brand portfolio.
WHR is slated to release first-quarter 2023 results on Apr 24, after the closing bell. The household appliance company is expected to have witnessed revenue and earnings declines in the to-be-reported quarter.
Whirlpool has been on track with cost-based price increases to protect margins and productivity amid the ongoing supply-chain constraints and significant inflationary pressures. The company has been implementing cost takeout actions, including curtailing structural and discretionary costs, capturing raw material deflation opportunities, effectively managing working capital, and syncing supply chain and labor levels with demand.

The next price target is located at $ 125



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