News

Goodyear Strategy Impresses Tire Industry Analyst

Goodyear Tire & Rubber Co. made a big splash at its recent Investor Day in Boston. Nick Mitchell, senior vice president of research for Northcoast Research Holdings LLC, says the company made a "strong commitment  to remain true to the strategy of focusing on specific target markets in order to get paid well for the products the organization brings to market."

News

Goodyear’s 2Q: Profit Up, Sales Down

Sales for the second quarter at Goodyear Tire & Rubber Co. were down 7%, while the company’s net income for the period was up 5.2% compared to figures from 2015.

Blog

Breaking Down Rich Kramer’s Speech at the Goodyear Shareholders Meeting

Chairman and CEO Rich Kramer’s message to Goodyear Tire & Rubber Co. shareholders on April 11 was very positive. Phrases like “record levels of performance,” “positive momentum,” and “well-positioned to grow” were what the shareholders, board members (13 were re-elected) and employees in attendance wanted to hear.

"We delivered 18% growth in full-year segment operating income," says Kramer.
News

Goodyear Says Results Are Outstanding Despite 4Q Loss

Goodyear Tire & Rubber Co. posted net income of nearly $307 million on net sales of $16.4 billion for fiscal 2015 ended Dec. 30, 2015. That compares to income of $2.4 billion on sales of $18.1 billion for fiscal 2014.

News

Goodyear Declares 17th Straight Dividend

Directors of Goodyear Tire & Rubber Co. have declared a quarterly dividend of 7 cents per share of common stock. The dividend is payable March 1, 2016, to shareholders of record on Feb. 1, 2016.

News

Goodyear Offers European Notes

Goodyear Tire & Rubber Co.’s European subsidiary, Goodyear Dunlop Tires Europe B.V. (GDTE), will commence a private offering of 250 million euros aggregate principal amount of senior notes due 2023.

News

U.S./Canada Lead the Way for Goodyear in 3Q

Goodyear Tire & Rubber Co. enjoyed record segment operating income for the third quarter of 2015. The North American Business Unit is largely responsible for that result.

“Our third quarter results demonstrate continued sustainable earnings growth," says Chairman and CEO Rich Kramer.
News

Goodyear Posts Positive Numbers for 3Q

Goodyear Tire & Rubber Co. recorded net income of $271 millon on net sales of nearly $4.2 billion for its third quarter ending Sept. 30, 2015. That compares to income of $161 million on sales of more than $4.6 billion for the same period last year.

Be the First to Know

Get the latest news and most popular articles from MTD delivered straight to your inbox. Stay on top of the tire industry and don't miss a thing!