News

Goodyear's Earnings Fall by Double Digits in 2017

Although sales were up, Goodyear Tire & Rubber Co.’s year-over-year earnings dropped 72% in 2017 and segment operating income fell 23%. The company attributed a net loss in 2017's fourth quarter to tax reform.

News

Goodyear U.S. Tire Units Fell 9% in 3Q

Goodyear Tire & Rubber Co. offered a list of factors that contributed to its "rough" third quarter: replacement and original equipment tire volumes dropped, and raw material costs also hit a peak for the year and increased 32%.  

News

Goodyear Declares 21st Straight Dividend

Directors of Goodyear Tire & Rubber Co. have declared a quarterly dividend of 10 cents per share of common stock. The dividend is payable March 1, 2017, to shareholders of record on Feb. 1, 2017.

"Global demand for high-value-added, large rim-diameter tires is increasing," says Goodyear's Rich Kramer.
News

Goodyear's 3Q Results Are Solid, Says Kramer

Goodyear Tire & Rubber Co. posted net income of $317 million on net sales of $3.8 billion for the third quarter ended Sept. 30, 2016. That compares to income of $271 million on sales of $4.2 billion for the same period last year.

News

Goodyear Furthers Strategy by Announcing Plant Closure

Goodyear Tire & Rubber Co. remains focused on capturing "the growing demand for premium, large-rim diameter tires." The company says part of that strategy involves"reducing excess capacity in declining, less profitable segments of the tire market."

News

Goodyear 3Q Results Are Due Oct. 28

Goodyear Tire & Rubber Co. will report third quarter 2016 financial results on Friday, Oct. 28, followed by an investor conference call at 9 a.m.

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