AB Electrolux (publ) (ELUXY) Research

AB Electrolux (publ), a prominent Swedish corporation headquartered in Stockholm, operates globally in the manufacturing and sale of household appliances. With its subsidiaries, it reaches markets across Europe, North America, Latin America, Asia/Pacific, the Middle East, and Africa. Its extensive portfolio encompasses a broad spectrum of home devices, from major kitchen appliances like refrigerators, freezers, ovens, hobs, hoods, and microwave ovens, to laundry solutions such as washing machines and tumble dryers. The company also provides dishwashers, room air-conditioners, water heaters, heat pumps, and a variety of floor-care products, including vacuum cleaners, alongside other small domestic appliances, consumables, and accessories. These diverse offerings are marketed under well-known brand names, including Electrolux, AEG, and Frigidaire, and reach consumers through a comprehensive distribution network comprising retailers, buying groups, and independent stores. The company boasts a long and established history, having been founded in 1901.

Market snapshot

Symbol
ELUXY
Price
$11.63
Day change
-0.85%
Market cap
$7.8B
P/E ratio
21.48x
52-week range
9.84-19.83
Sector
Consumer Cyclical
Industry
Furnishings, Fixtures & Appliances
Next earnings
in 26 days

Recent news

  • Electrolux Shares Plunge on Net Loss, Nearly $1 Billion Share Issue

    The stock fell 23% in European morning trade after the company said it swung to a net loss in the first quarter

  • Electrolux plans $980 million rights issue, tie-up with China's Midea

    Swedish appliance maker Electrolux said on Thursday it would launch a 9 ​billion Swedish crown ($976.34 million)rights issue and unveiled ‌a tie-up with China's Midea Group to form three joint ventures in North America as it restructures its operations.

  • Electrolux to Close Hungary Factory, Flags $65 Million Charge

    The home-appliance manufacturer said it would close its Jaszbereny factory which manufactures built-in and freestanding refrigeration products.

Peer companies

  • Bassett Furniture Industries, Incorporated (BSET)
  • Crown Crafts, Inc. (CRWS)
  • Ethan Allen Interiors Inc. (ETD)
  • FGI Industries Ltd. (FGI)
  • Flexsteel Industries, Inc. (FLXS)
  • Hamilton Beach Brands Holding Company (HBB)
  • Hooker Furnishings Corporation (HOFT)
  • Kimball International, Inc. (KBAL)

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