U.S. media reported that after the new crown epidemic, the U.S. public’s hot demand for household products began to cool down. Recently from the home appliance manufacturers Whirlpool (Whirlpool) to RH, Sealy (Sealy), Sleep Number and other furniture manufacturers have issued a warning on the financial test.
Whirlpool said recently that sales in the first quarter of this year fell 8.2% compared with the same period last year; furniture maker RH said in March, noting that product orders have been cooling since late February; bed furniture maker Sleep Number’s first quarter sales fell 7%; another bed furniture maker Sealy’s sales, although still up 15% annually, fell sharply compared with the 29% figure in the fourth quarter of last year.
The common reason for the slowdown in sales of these companies is that the hot demand for household products from the U.S. public is beginning to cool.
In the early days of the outbreak, the demand for long hours at home made the public purchase household products such as beds, home appliances, cooking utensils, tables and chairs, entertainment products, etc. However, most of these products belong to durable wealth, and many people have already made up for the demand, and at the present time, inflation and the exhaustion of bailout funds have made many people feel that the economic outlook is obscure and uncertain, thus dragging down consumer confidence.
Post time: May-11-2022