Goodyear Tire & Rubber

Goodyear Tire & Rubber Co. engages in the development, manufactures, distribution, and sale of tires. Its products include lines of rubber tires for automobiles, trucks, buses, aircraft, motorcycles, farm implements, earthmoving and mining equipment, industrial equipment and various other applications. The company was founded by Frank A. Seiberling on August 29, 1898 and is headquartered in Akron, OH.

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Goodyear projects $400M free cash flow in 2023 amid market challenges

Goodyear projects $400 million in free cash flow for 2023 amid challenges in market demand and energy inflation. The company targets high-return projects in the Americas and Asia-Pacific with a $1 billion CapEx. Strategic focus on cost efficiency, product innovation, and leveraging Cooper and Goodyear strengths for market benefits shape Goodyear's outlook.

Goodyear projects improved Q2 performance amid industry challenges and opportunities

Goodyear anticipates a better performance in Q2 with improving demand and volume trends. The company is strategically managing costs and pricing strategies to enhance profitability. Strong integration outcomes and positive industry positioning are key highlights.

Goodyear faces challenges from channel destocking but sees growth opportunities

Goodyear's Q2 2023 Earnings Call highlighted challenges from channel destocking and volume weakness, offset by positive OE business performance in key markets. The company faces industry and market dynamics impacting consumer and commercial replacement volumes, particularly in Europe. Strategic reviews and a focus on maintaining pricing amid raw material cost fluctuations demonstrate proactive measures to navigate uncertainties and drive growth.

Goodyear plans strategic review amid focus on premium market segment

Goodyear Tire & Rubber's Q3 2023 Earnings Call highlighted a proactive approach to addressing risks and uncertainties, with a focus on operational efficiency and the premium market segment. While challenges in European business performance and restructuring efforts were noted, opportunities for growth and cost savings were also identified.

Goodyear Tire & Rubber reports stable market share and strategic focus

Goodyear Tire & Rubber's Q4 earnings call highlighted stable market share, strategic focus on cost efficiency, and execution of the Goodyear Forward plan. The new CEO's leadership direction and CFO's insights on market performance and future growth underscore a commitment to operational excellence. Analyst inquiries and strategic adjustments in CapEx and restructuring spending indicate a proactive stance towards addressing challenges and capitalizing on opportunities.

Goodyear reports solid Q3 performance amidst financial challenges and opportunities

Goodyear's Q3 performance reflects a mix of strengths, challenges, and opportunities in its financial outlook and operational strategies.
The company's focus on margin expansion, premium offerings, and cost-saving initiatives align with its long-term profitability goals.
While facing challenges like debt repayment and restructuring costs, Goodyear is poised to leverage opportunities for growth and efficiency.
Strategic initiatives, strong retail performance, and a resilient cash flow outlook position Goodyear for continued financial stability and potential expansion.

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Goodyear Tire & Rubber Co. engages in the development, manufacture, distribution, and sale of tires. It operates through the following geographical segments: Americas, Europe, Middle East, and Africa, and Asia Pacific. The Americas segment is involved in the development, manufacture, distribution, and sale of tires and related products and services in North, Central, and South America. The Europe, Middle East, and Africa segment focuses on the development, manufacture, distribution, and sale of tires for automobiles, trucks, buses, aircraft, motorcycles, earthmoving, mining, and industrial equipment throughout Europe, the Middle East, and Africa. The Asia Pacific segment refers to the development, manufacture, distribution, and sales of tires for automobiles, trucks, buses, aircraft, farm, earthmoving, mining, and industrial equipment throughout the Asia Pacific region. The company was founded by Frank A. Seiberling on August 29, 1898 and is headquartered in Akron, OH.

AKRON, Ohio, April 28, 2022 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) will report first quarter 2022 financial results on Friday, May 6, to be followed by an investor conference call at 9 a.m. EDT. 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: http://investor.goodyear.com.

GOODYEAR TO ANNOUNCE FIRST QUARTER 2022 FINANCIAL RESULTS

AKRON, Ohio , April 28, 2022 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) ("Goodyear") announced the expiration of the offers to exchange all of its outstanding unregistered 5.000% Senior Notes due 2029 (the "2029 Restricted Notes") and all of its outstanding unregistered 5.250% Senior Notes due 2031 (the "2031 Restricted Notes," and, together with its 2029 Restricted Notes, the "Restricted Notes") for equivalent principal amounts, respectively, of its 5.000% Senior Notes due 2029 (the "2029 Exchange Notes") and its 5.250% Senior Notes due 2031 (the "2031 Exchange Notes," and, together with its 2029 Exchange Notes, the "Exchange Notes") that are registered under the Securities Act of 1933, as amended (the "Securities Act"). The exchange offers expired at 5 p.m.

GOODYEAR ANNOUNCES EXPIRATION OF EXCHANGE OFFERS FOR ITS 5.000% SENIOR NOTES DUE 2029 AND ITS 5.250% SENIOR NOTES DUE 2031

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Goodyear (GT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Goodyear (GT) Q1 Earnings Expected to Decline

New Mastercraft tires boast all-season performance, improved treadwear and noise barriers for quieter ride AKRON, Ohio , April 21, 2022 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced an expansion of its Mastercraft® Courser portfolio, introducing the Courser® Trail™ and Trail HD™, as well as the Courser® Quest™ and Quest Plus™. The four new all-season tires are now available.

GOODYEAR INTRODUCES NEW ALL-SEASON TIRES UNDER MASTERCRAFT COURSER LINE

Goodyear is collaborating with the Department of Defense, the Air Force Research Lab, BioMADE and Farmed Materials to accelerate commercialization of natural rubber from dandelions AKRON, Ohio , April 7, 2022 /PRNewswire/ -- The Goodyear Tire & Rubber Company today announced a multi-year, multi-million-dollar program supported by the U.S. Department of Defense (DoD), the Air Force Research Lab (AFRL) and BioMADE to work with Ohio-based Farmed Materials to develop a domestic source of natural rubber from a specific species of dandelion. Natural rubber has been classified as a strategic raw material that serves as a critical ingredient in military, aircraft and truck tires.

GOODYEAR TO DEVELOP DOMESTIC SOURCE OF NATURAL RUBBER

Let's see if Goodyear (GT) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.

Should Value Investors Consider Goodyear (GT) Stock Now?

Ultra-high-performance all-season tire continues to unleash performance  for drivers AKRON, Ohio , March 31, 2022 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) debuted 16 new sizes for the Goodyear Eagle Exhilarate, its premium ultra-high-performance, all-season tire. "When Goodyear designed the Eagle Exhilarate, we were focused on delivering better wet performance in the ultra-high-performance category," said Devin Dickerhoof, product marketing manager.

GOODYEAR INTRODUCES 16 POPULAR NEW SIZES FOR EAGLE EXHILARATE

AKRON, Ohio , March 30, 2022 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) announced today that its venture capital arm, Goodyear Ventures, has added Nova Labs, formerly Helium Inc., to its growing investment portfolio. Nova Labs  is the pioneer of decentralized wireless communications and founder of the core technologies powering the Helium Network.

GOODYEAR VENTURES EXPANDS PORTFOLIO WITH NOVA LABS INVESTMENT TO ADVANCE CONNECTED MOBILITY ON THE HELIUM NETWORK

AKRON, Ohio , March 30, 2022 /PRNewswire/ -- The Goodyear Tire & Rubber Company ("Goodyear") (NASDAQ: GT) today announced the commencement of offers to exchange all of its outstanding unregistered 5.000% Senior Notes due 2029 (the "2029 Restricted Notes") and all of its outstanding unregistered 5.250% Senior Notes due 2031 (the "2031 Restricted Notes," and, together with its 2029 Restricted Notes, the "Restricted Notes") for equivalent principal amounts, respectively, of its 5.000% Senior Notes due 2029 (the "2029 Exchange Notes")  and its 5.250% Senior Notes due 2031 (the "2031 Exchange Notes," and, together with its 2029 Exchange Notes, the "Exchange Notes") that are registered under the Securities Act of 1933, as amended (the "Securities Act").  The Restricted Notes were issued in a private placement exempt from the registration provisions of the Securities Act pursuant to Rule 144A and Regulation S under the Securities Act.

GOODYEAR ANNOUNCES COMMENCEMENT OF EXCHANGE OFFERS FOR ITS 5.000% SENIOR NOTES DUE 2029 AND ITS 5.250% SENIOR NOTES DUE 2031

AKRON, Ohio , March 28, 2022 /PRNewswire/ -- Goodyear Auto Service announced the recent opening of a new store location in Beckley, WV. Located at 1102 N.

Goodyear Auto Service Opens New Store in Beckley, West Virginia

Tire and automobile service provider Goodyear Tire and Rubber Company (NYSE: GT) shares have fallen back towards pandemic levels driven by the benchmark indices sell-off.

Goodyear Tire Stock Price Going Back in Time

WASHINGTON, March 10, 2022 /PRNewswire/ -- The National Association of Manufacturers (NAM) announced that Steve McClellan of The Goodyear Tire & Rubber Company (NASDAQ: GT) has been named to the NAM Board of Directors. McClellan will join the NAM Board to bolster the association's leadership in policy advocacy, workforce solutions, legal action, operational excellence and news and insights.

Goodyear's McClellan Named to Manufacturers Association Board of Directors

AKRON, Ohio, March 8, 2022 /PRNewswire/ -- At this year's Technology & Maintenance Council Annual Meeting in Orlando, Fla., and Work Truck Week summit in Indianapolis, The Goodyear Tire & Rubber Company (NASDAQ: GT) is showcasing two new tires for the growing last-mile delivery sector: the new Endurance RSA ULT and Fuel Max RSA ULT.

GOODYEAR LAUNCHES INNOVATIVE TIRES TO HELP LAST-MILE DELIVERY FLEETS PREPARE FOR EMERGING TRENDS IN THE INDUSTRY

AKRON, Ohio, March 6, 2022 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced the winner of its 2020-2021 Highway Hero Award, a program that – since 1983 – celebrates professional truck drivers who act selflessly for the good of others on the highways across North America. Gerald "Andy" Wright of Jacksonville, Illinois, a truck driver who saved the lives of motorists trapped in a burning vehicle, accepted the 37th Goodyear Highway Hero Award during a news conference today at the 2022 Technology & Maintenance Council (TMC) in Orlando, Florida.

GOODYEAR NAMES 37TH WINNER OF HIGHWAY HERO AWARD

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Shares of several companies in the automotive and auto components sector, including Ford Motor Company (NYSE: F), General Motors Company (NYSE: GM) and Goodyear Tire & Rubber Co (NASDAQ: GT), are all trading lower as the Russian invasion of Ukraine continues to escalate. The.

Why Ford, GM And Goodyear Tire & Rubber Shares Are Falling Today

AKRON, Ohio, March 1, 2022 /PRNewswire/ -- The Manufacturing Institute (MI) will honor Cooper Tire's Missy Irons and The Goodyear Tire & Rubber Company's Arwen Kathke at the 10th annual Science, Technology, Engineering and Production (STEP) Ahead Awards gala on April 28 in Washington, D.C.  The STEP Ahead Awards celebrate women's impact on the manufacturing industry.

GOODYEAR AND COOPER TIRE WOMEN NAMED 2022 STEP AHEAD HONOREES

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Goodyear Stock Crashed: Is This a Major Buying Opportunity?

AKRON, Ohio, Feb. 17, 2022 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) said today it will participate in a fireside chat during Wolfe Research's 2022 Global Auto, Auto Tech and Mobility Conference on Feb. 24, 2022, at 3:50 p.m. EST. Rod Lache, managing director at Wolfe Research, will host Darren R.

GOODYEAR TO PARTICIPATE IN WOLFE RESEARCH VIRTUAL INVESTOR CONFERENCE

The stock dropped 27% on inflation concerns.

Goodyear's Stock Drop - An Overreaction

Excellent 4th quarter results overshadowed by inflationary impacts affecting the first half of 2022. Strong US results led by replacement volumes offset by Asian OEM contracts which hurt margins.

Goodyear Tire: Leaving Skidmarks

Shares of Goodyear Tire & Rubber Co (NASDAQ: GT) plummeted more than 27% on Friday, after management guided to softer-than-expected performance in 2022, citing inflation. The stock tumbled despite the company reporting “solidly better” results for the fourth quarter, according to JPMorgan.

JPMorgan Upgrades Goodyear Tire & Rubber After Q4 Earnings, Stock Pullback

The Cooper Tire buyout boosts Goodyear's (GT) fourth-quarter sales, taking it to record levels.

Goodyear (GT) Tops Q4 Earnings Estimates, Reports Solid Sales

The heavy selling pressure might have exhausted for Goodyear (GT) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

News for Goodyear Tire & Rubber Stock (GT)