Household appliance consumption ranks top on singles' day sales. How much impact does the trade-in of old for new have on manufacturers' performance?

① This year's singles' day sales, household appliances topped the category sales chart with a sales figure of 152.6 billion yuan. ② The "national subsidy" policy for replacing old appliances with new ones has significantly boosted appliance sales in the short term. ③ Analysis suggests that based on the strong demand in the current appliance market and the ongoing policy momentum, household appliance sales are expected to continue growing in the fourth quarter.

cls.cnNov 13 10:09 ET

"Other businesses" dragging down overall revenue gree electric appliances,inc.of zhuhai profit growth without revenue growth in the first three quarters | Interpretations

1. gree electric appliances,inc.of zhuhai did not increase profits in the first three quarters of this year, the net income attributable to the mother increased by 9.30% year-on-year, but the growth rate slowed compared to the same period in the previous two years; 2. The company stated that from the beginning of the year to the end of the reporting period, operating income increased by 2.9% year-on-year to 132.2 billion yuan, while other business income decreased by 45.3% to 14.52 billion yuan, mainly due to the company's adjustment of business structure.

cls.cnOct 30 10:39 ET

How Is The Market Feeling About Whirlpool?

BenzingaOct 29 11:00 ET

Whirlpool Corporation (WHR) Q3 2024 Earnings Call Transcript Summary

moomoo AIOct 24 11:06 ET · Conference Call

Whirlpool Sees FY24 Net Sales Of ~$16.9B Vs $16.78B Est.; Revising FY24 GAAP Earnings Per Diluted Share To ~$0.50 Primarily Impacted By The Non-Cash Charge Related To The Europe Transaction; Reaffirms FY24 Adj EPS Of ~$12 Vs $11.62 Est

BenzingaOct 23 16:15 ET

Driven by the subsidy for trading in old appliances, the home appliance industry is expected to show strong growth in Q3! november 11 shopping festival-related has become a new starting point for explosive performance.

①Under the consumer goods trade-in policy, the retail sales of household appliances and audio-visual equipment for households of quota-exceeding units increased by 20.5% in September, a significant acceleration of 17.1 percentage points compared to August, with smart home appliances growing at over 30%. ②On the other hand, the real "peak season" for appliance subsidies lies in the november 11 shopping festival-related brought by e-commerce platforms.

cls.cnOct 21 10:46 ET