Revenue and Earnings Surpass Expectations
Goodyear delivered revenue of $4.6 billion and segment operating income of $287 million, slightly ahead of revised expectations.
Successful Divestitures and Balance Sheet Improvement
Completion of planned divestitures, including the Chemicals business, bringing the balance sheet back to a position of health.
New Product Launches
Introduced new premium product lines, including the Goodyear Wrangler and Eagle F1 series, receiving strong consumer feedback.
Market Share Gains in EMEA
Achieved a 20% growth in consumer OE volume in EMEA, gaining more than 3 points of market share.
Goodyear Forward Initiatives
Goodyear Forward contributed $185 million of benefit during the quarter, aiding in cost control and efficiency.