Destocking is easing: tire unit volume fell 4.0% after a 12.0% drop in Q1, with both lines beating expectations. The whole case now rests on the Fayetteville plant closure delivering roughly $270 million in annual segment income improvement from 2028.
Goodyear Tire & Rubber :
GT
GT
Stock Data
$6.44
$0.32 (4.73%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
CONSUMER CYCLICAL
Industry
AUTO PARTS
Goodyear Tire & Rubber Company is a global leader in tire manufacturing, offering a wide range of tires for various vehicles including cars, trucks, buses, motorcycles, and even aircraft. With a rich history dating back to 1898, Goodyear not only produces tires under its own and other well-known brands like Cooper and Dunlop but also provides retreading services and sells chemical products. Beyond manufacturing, Goodyear operates around 950 retail outlets offering products, repair, and maintenance services. The company also embraces digital sales through its websites, catering to both consumer and commercial needs.
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