Currency FluctuationsKey currencies for the company, such as the Euro, Brazil, and S. Korean currencies, have been weaker since the last guidance, posing additional challenges.
Market ConditionsThe US after-market tire demand, which makes up a significant portion of Orion's tire sales, is being negatively impacted by higher imports in North America and Europe.
Profitability ChallengesThe company's profitability is negatively impacted by the recent increase in oil prices, which will affect profits until prices are adjusted.