Goodyear Reports Q2 Sales Decline, Adjusted Loss, Shares Drop 18%
Goodyear Reports Q2 Sales Decline, Adjusted Loss, Shares Drop 18%

Goodyear Reports Q2 Sales Decline, Adjusted Loss, Shares Drop 18%

News summary

Goodyear Tire & Rubber Co. reported a challenging second quarter in 2025, with adjusted earnings per share showing a loss of 17 cents, missing analyst estimates and marking a considerable decline from a prior-year profit of 17 cents per share. Despite GAAP revenue slightly exceeding expectations at approximately $4.5 billion, the core profitability weakened, with an adjusted net loss of $48 million compared to an adjusted net income of $48 million the previous year. The company’s net income rose to $254 million, boosted by a one-time gain from the sale of the Dunlop brand and benefits from the Goodyear Forward transformation plan, which contributed $195 million to segment operating income. Goodyear's shares dropped significantly following the earnings release, falling below their 200-day moving average and recording their largest percentage decline since early 2022. The company continues to face headwinds from global trade dynamics, raw material costs, and competitive pressures, though it remains optimistic about its strategic initiatives to streamline operations and improve profitability. Investors and analysts will be closely watching Goodyear's execution of its transformation plan and future earnings outlook amid these operational challenges.

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