Retail

Goodyear tries for five in a row

Posted on April 13, 2012

Will Goodyear Tire & Rubber Co. be able to keep its momentum going? Find out on Friday, April 27, when the company releases its first-quarter 2012 financial results. An investor conference call will be held at 8:30 a.m. that same day.

Goodyear turned a profit in all four quarters in 2011. It suffered its last quarterly loss in the fourth quarter of 2010..

Participating in the conference call will be Richard Kramer, chairman, chief executive officer and president, and Darren Wells, executive vice president and chief financial officer.

Approximately 45 minutes prior to the commencement of the call, the company will post the financial and other related information that will be presented on its investor relations website, investor.goodyear.com.

Investors, members of the media and other interested persons can access the conference call on the website or via telephone by calling (706) 645-4847 before 8:25 a.m. on April 27. A taped replay will be available later that day by calling (404) 537-3406 (Conference ID 71823188). The replay also will remain available on the website.

For its fiscal 2011 compared to 2010, Goodyear recorded net income of $321 million (versus a 2010 loss of $216 million) on net sales of $22.7 billion (up 21%). Its income-to-sales ratio was 1.4%.

Related Topics: Darren Wells, Goodyear financials, Rich Kramer

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