Latest news with #KitchenAid
India.com
10 hours ago
- Business
- India.com
Mukesh Ambani's joins BIG race to acquire on of world's largest…, Reliance will compete with major players like…
Whirlpool Corp is likely to divest a 31% stake in its Indian arm over global restructuring after a $1.5 billion loss. Indian big players like Reliance Retail, Havells India, and buyout funds like EQT and Bain Capital are interested in this share, as reported by Economic Times. Whirlpool wants to raise $550-600 million. Reliance Retail and consumer appliances major Havells India will compete with other bulge-bracket buyout funds to acquire a controlling interest in Whirlpool of India. It is the locally listed firm of the Michigan-based company that was once the world's largest appliance maker by sales. Other financial sponsors EQT and Bain Capital are also shortlisted after the initial round of screening. Whirlpool Corp Divesting Plan Whirlpool Corp is looking to sell 31% stake in Whirlpool of India, which generates 85% of its Asia revenue. They will retain a 20% equity stake in the company. The equity in India is held through Whirlpool Mauritius Ltd. This exercise is part of a global reorganisation started by the company in 2022 in the US after its KitchenAid and Maytag products reported a $1.5 billion loss. It has already reshaped its global portfolio operations in other Asian markets and also in some parts of Europe. Whirlpool Corp is also trying to cut costs and its workforce. Why Is Whirlpool Corp Divesting? The company is also focusing on selling smaller home appliances like blenders and coffee makers. The company reportedly said it is keen to raise net cash proceeds of $550-600 million (Rs 4,684-5,110 crore) from the transaction. They will also give an open offer for an additional 26% stake from public shareholders of the company. If it is fully subscribed to, the incoming investor may own around 57% of the company.
Yahoo
2 days ago
- Lifestyle
- Yahoo
I'm a professional baker — most of my favourite kitchen tools are on sale ahead of Amazon Prime Day 2025
In my friend group, I'm definitely the personality hire, except when it comes to cooking advice. After a decade of working on food trucks and in bakeries (even opening my own in 2015), I've become the go-to person to ask, 'Why did my cookies go flat?' or 'What should I make for Easter dinner?' Cooking and baking professionally, combined with years of trial and error as a home cook, means I've tested (and tossed) a lot of kitchen equipment in my life. Over the years, I've formed very strong opinions about what to splurge on and what to skip altogether when it comes to outfitting your kitchen. I've cooked up a list of my favourite kitchen appliances, utensils, and accessories that have proven to be ride-or-die for the everyday home chef. My favourites range from investment pieces like a Staub Dutch Oven to a set of silicon baking mats that are under $20. And the best part? So many items are on sale ahead of Amazon Prime Day 2025. I can't be the only little girl who dreamed of owning an entire line-up of Dutch ovens, all matching in the same bold colour. When it finally came time to invest in one of my own, the research was all pointing to one brand: Staub. I opted for their 5.5-qt Round Cocotte, realizing very quickly it's the only Dutch oven I will ever need to own. Made in France, these hefty pots are built to last, transferring seamlessly from stovetop cooking to oven braising. Trust me: It's more than worth the investment. This may be surprising, but this set of mini spatulas is my most-used item in my kitchen. I actually have two sets because they're just that good. These spatulas are perfect for everything from getting the last little morsels out of a jar of honey to cooking scrambled eggs. I find myself reaching for one multiple times a day. This set has the lowest cost per use of any tool in my entire kitchen. As a professional baker, an accurate food scale can be the difference between an airy loaf of sourdough and an inedible brick of flour. I recently switched to the Oxo Good Grips Food Scale, and it has upped my baking game tenfold. The unique feature of this scale is the pull-out display, making it easy to see no matter the size of the bowl you choose. This scale's utility goes way beyond a dynamite focaccia dough — perfectly portioning bulk groceries and divving up this week's prepped meals. Please accept this as my formal declaration of love for hand blenders. Do I have a traditional blender and also a food processor? Yes. Do I reach for either of those even half as much as I reach for my KitchenAid Hand Blender? Not even close. Soups, sauces, jams, compound butters — do I need to go on? I still have the exact KitchenAid Hand Blender I opened my bakery with ten years ago, and it hasn't skipped a beat. You often hear chefs say that the one tool you need in your kitchen is a high-quality knife—this fact became very clear when I finally bought one for myself. I've become a huge fan of the entire catalogue of Global Knives since purchasing my first one a few years ago, but even with a drawer full of knives I'm always reaching for the GS90 Santoku Knife. The super sharp fluted blade makes chopping vegetables less of a chore, and the lightweight handle fits perfectly in my small hands. There are dozens of digital thermometers on the market these days, ranging in price from $10 to more than $100. You may be shocked to find that the thermometer I've trusted for over five years is one of the most inexpensive on the market. I use the Thermo Digital Thermometer for everything from checking whether my roast chicken is cooked through to making sure boiled sugar is hot enough to turn into marshmallows. It's compact and easy to read, and I can't even remember the last time I needed to change the batteries—sometimes, simplicity is best when it comes to cooking. Getting to feed delicious things to the people I love is a big part of why I enjoy cooking. After years of entertaining, I recently found a new favourite hosting hack: Pacolit P's Warming Mat. The pressure of making sure everything on the Thanksgiving table is ready at the same time has finally been lifted. This mat has three temperature settings to keep the mashed potatoes from cooling while you're carving the turkey. I'm never hosting another dinner party without it. A bench scraper is a non-negotiable tool in any kitchen I cook in. I first learned how handy they can be working in professional bakeries, and it turns out they're just as useful in my home kitchen. Dividing pizza dough, scrapping flour off counters, and scooping up chopped onions — this may be the most versatile tool in my kitchen that's under $20! The Anaeat scraper has the added benefit of measuring guides, making it the perfect gift for amateur bakers. It doesn't take a professional baker to know that KitchenAid Stand Mixers don't always do the greatest job of incorporating everything in the bowl. I've owned five of their mixers, and the one thing that consistently improves every batter and dough is the Flex Edge Beater. The added silicone covering drastically reduces the number of times I find myself scraping down the bowl with a spatula, often allowing me to skip that frustrating step altogether. Whether in my home kitchen or a professional bakery, I always find that most of my waste is parchment paper. Silicone baking mats not only reduce my use of parchment paper, but they also save my pans from the wear and tear of stuck-on food. Pro tip: If you've ever pulled out your hair trying to master a French macaron, a silicone mat may be the missing piece.
Yahoo
2 days ago
- Business
- Yahoo
This mini waffle maker is a 'true kitchen must' — and it's nearly 50% off ahead of Amazon Prime Day
Dreaming of starting your morning with fresh, homemade waffles without the fuss of a full-sized appliance or big clean-up? Enter the Dash Mini Maker. Whether you're looking to level up your weekend brunch routine, make breakfast fun for picky eaters, or simply want a low-effort way to treat yourself in the morning, this affordable gadget is a must-have — and right now, it's on sale. Ahead of Amazon Prime Day 2025, Amazon shoppers can take home the cute and compact waffle maker for just $20 (that's 49 per cent off!). Keep scrolling to learn why reviewers call the device a "total morning game-changer" and check out even more early Prime Day kitchen deals. Shown here in silver. Prices vary based on colour and design. Whether you're tight on kitchen space, shopping for a student heading off to university, or just love the idea of fun-sized food, this little appliance packs a surprising punch. It heats up quickly, is incredibly easy to use (just plug it in and wait for the indicator light), and features nonstick plates that make cleanup a breeze. No dials, timers or complicated instructions — just pour in your batter and in minutes, you've got a crispy, golden waffle ready to go. Want to expand your horizons? This waffle maker can also make paninis, hashbrowns and more. A quick search on TikTok and you'll see that the world is your oyster — or waffle maker! 🧇 8,800+ reviews ⭐ 4.4/5 stars 🏅 "Total morning game-changer!" The Dash Mini Waffle Maker has racked up nearly 9,000 reviews on Amazon, with an impressive 4.4-star rating. One shopper wrote, 'I didn't think I'd love this as much as I do — it's fast, it's fun and the waffles come out perfect every time.' Another called it a 'kitchen staple for small apartments,' adding that they use it for everything from waffles to hash browns and even mini paninis. Many reviewers also mention how much kids love it, thanks to its fun size and the novelty of making their own little waffles. Thanks to its small size, it's easy to stash in a drawer, pack in a suitcase, or leave out without cluttering your counter. It's a "true kitchen must," says another happy shopper. That said, not everyone is completely sold. A few users have noted that because of its small size, it can take longer to make breakfast for more than one person. 'You'll need to be patient if you're feeding a group,' one reviewer shared, so if you're always feeding a crowd, it may not be the best fit for you. Still, for the price and convenience, it's a tough deal to beat. If you're looking to add a little fun to your breakfast routine, or want a compact appliance that delivers on performance (and flavour!) without taking up space (or your whole paycheque), the Dash Mini Waffle Maker is definitely worth the hype. For under $25, it's a small indulgence with a big breakfast payoff. Blend, chop and whisk all in one! If you're going to splurge on a KitchenAid stand mixer, do it during Prime Day! Elevate your kitchen counter with the chicest kettle! A true must-have for any home cook! A chef's dream, this baby slices like a dream! Heading into summer patio season, you can never have too much ice! Cook and air-fry meals in minutes that the entire fam will love! While dupes are available, get your hands on the original Stanley for almost 20 per cent off! Get your grill on this season with this smokeless grill, perfect for picnics and patios! There's nothing worse than dull knives! Protect your investment with this easy-to-use sharpener. Juicing has never been easier! Make your own and say goodbye to overpriced juices! With its 12-cup capacity, you can effortlessly chop, puree, slice and knead all in one! Sunday meal prep has never felt so organized thanks to these air-tight glass containers. Perfect for the week ahead! Instantly takes the guesswork out of cooking and baking!
Yahoo
3 days ago
- Business
- Yahoo
Whirlpool (WHR) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Whirlpool (WHR) ended the recent trading session at $91.27, demonstrating a -1.91% change from the preceding day's closing price. This move lagged the S&P 500's daily loss of 0.84%. Meanwhile, the Dow lost 0.7%, and the Nasdaq, a tech-heavy index, lost 0.91%. Shares of the maker of Maytag, KitchenAid and other appliances have appreciated by 12.56% over the course of the past month, outperforming the Consumer Discretionary sector's loss of 0%, and the S&P 500's gain of 1.44%. Analysts and investors alike will be keeping a close eye on the performance of Whirlpool in its upcoming earnings disclosure. The company's earnings report is set to go public on July 28, 2025. It is anticipated that the company will report an EPS of $1.64, marking a 31.38% fall compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $3.84 billion, reflecting a 3.8% fall from the equivalent quarter last year. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $8.68 per share and a revenue of $15.5 billion, indicating changes of -28.91% and -6.7%, respectively, from the former year. Investors might also notice recent changes to analyst estimates for Whirlpool. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook. Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system. The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.81% higher. Right now, Whirlpool possesses a Zacks Rank of #3 (Hold). Looking at its valuation, Whirlpool is holding a Forward P/E ratio of 10.72. This represents no noticeable deviation compared to its industry average Forward P/E of 10.72. The Household Appliances industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 193, putting it in the bottom 22% of all 250+ industries. The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to follow all of these stock-moving metrics, and many more, on Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Whirlpool Corporation (WHR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Newsweek
4 days ago
- Business
- Newsweek
Do You Own One of These 3 Fridge Brands? You Could Be Owed up to $300
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Thousands of Americans who own a refrigerator from one of three brands have just two days to claim $300 as part of a class action settlement following claims of a manufacturing defect. The lawsuit—Paperno et al. v. Whirlpool Corporation—centers on French-door refrigerators made between 2012 and 2019. What Is the Whirlpool Lawsuit? The case alleged that a defect with certain Whirlpool, Maytag, or KitchenAid refrigerators. While Whirlpool, listed as one of the most-trustworthy companies in America 2025 by Newsweek, has denied any wrongdoing and liability, it did agree to a financial settlement to resolve the litigation. The evaporator, a key part of the refrigeration cycle, was allegedly prone to ice buildup in some models, reducing efficiency and triggering a range of problems including spoiled food, excessive noise, and pooling water. The lawsuit also alleged the company continued selling the defective units without warning consumers or initiating a recall. File photo: A woman in a baggy striped shirt looks in her refrigerator. File photo: A woman in a baggy striped shirt looks in her refrigerator. Nikodash/Getty Images Who Is Eligible for a Rebate? Consumers who bought or received a Whirlpool-manufactured French-door refrigerator under the Whirlpool, KitchenAid, or Maytag brands between 2012 and 2019 may be eligible for compensation. This includes original buyers, people who received the appliances as a gift or who have the appliance through contractors of appliance bundles. To qualify, claimants must have: Experienced frost or ice-related issues within eight years of the appliance's original purchase date; Documentation showing the issue and any repair or replacement efforts made no later than January 31, 2025; Proof of ownership. Depending on the malfunction and documentation provided, customers could receive up to $300 repair reimbursements. People with multiple impacted appliances can apply more than once, but a form must be completed for each appliance. How To Submit a Claim The deadline for claims is 11:59 p.m. (local time) June 18, 2025; and claims are only accepted through the official online portal. Documents required to submit a claim include: Proof of purchase or ownership (receipts, warranty cards, delivery records) Repair or service receipts detailing the problem and work performed The settlement also covers future refrigerator failures, provided they occur within eight years of the original purchase and before January 31, 2025. In such cases, consumers have 90 days from the date of the malfunction to file a claim. This provision ensures compensation for eligible owners whose appliances fail after the announcement. It is easy to check if your refrigerator qualifies for a rebate by locating the model and serial number, typically found inside the unit near the crisper drawer or door frame, and entering it into the online lookup tool at Claims can also be submitted from this site.
