Goodyear Q2 Earnings Miss Expectations on Volume Pressure
GT's Q2 loss widens as volume pressure weighs on results, while Asia Pacific gains and cash flow improvements offer support.
GT's Q2 loss widens as volume pressure weighs on results, while Asia Pacific gains and cash flow improvements offer support.
The Goodyear Tire & Rubber Company (GT) Q2 2026 Earnings Call Transcript
Goodyear Tire & Rubber NASDAQ: GT reported second-quarter sales of $4.3 billion, down about 5% from a year earlier, as lower tire volumes and the prior-year divestitures of its chemicals business and Dunlop brand outweighed price-and-mix improvements. Excluding those divestitures, sales declined about 1% organically.
While the top- and bottom-line numbers for Goodyear (GT) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Goodyear (GT) came out with a quarterly loss of $0.61 per share versus the Zacks Consensus Estimate of a loss of $0.59. This compares to a loss of $0.17 per share a year ago.
The company posted a loss of $204 million, or 71 cents a share, compared with a profit of $254 million, or 87 cents a share, in the year-ago quarter.
Second Quarter Performance Reflected Improving Market Stability and Continued Execution to Strengthen Goodyear's Competitive Position Second Quarter 2026 Highlights Net sales of $4.3 billion, decreasing 4.8% YoY; down 1.4% organically as a result of lower volumes Tire unit volume of 36.5 million units, decreasing 4.0% YoY, improving from a 12% YoY decline during the first quarter as destocking pressure moderated and market conditions showed more stability Goodyear OE volumes and market share grew across both consumer and commercial in each region, reflecting the strength of the product portfolio and supporting long-term replacement demand Segment operating income of $36 million; strong results in Asia Pacific and improvement in EMEA offset by moderating headwinds in the Americas Goodyear Forward delivered $95 million of benefits ; manufacturing footprint optimization is underway with recently announced action providing ~$270 million in expected annual savings by 2028 AKRON, Ohio, Aug. 5, 2026 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ:GT) reported second quarter 2026 results today and the company will host an investor call tomorrow morning, Thursday, August 6, at 8:30 a.m. Eastern time led by Mark Stewart, Goodyear's chief executive officer and president, and Scott Deakin, the company's interim executive vice president and chief financial officer.
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.
This recognition reflects the company's efforts to engage suppliers on climate-related issues across its value chain. AKRON, Ohio, July 29, 2026 /PRNewswire/ -- Continuing to make progress along its sustainability journey, The Goodyear Tire & Rubber Company (NASDAQ: GT) announced it has earned an "A" score in the CDP Supplier Engagement Assessment.
Dimensional Fund Advisors LP grew its stake in The Goodyear Tire and Rubber Company (NASDAQ: GT) by 8.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,558,938 shares of the company's stock after acquiring an additional 1,352,085 shares during
Toronto, Ontario--(Newsfile Corp. - July 27, 2026) - GT Resources Inc. (TSXV: GT) (OTCQB: CGTRF) (FSE: 7N1) the ("Company" or "GT") is pleased to announce it has received a Class III Exploration Permit, which is valid for 10-years, for the road accessible Canalask Copper - Nickel Project in the Yukon (the "Property" or "Canalask") (Figure 1). In 2024, the Company undertook a drill program at Canalask which returned 1.95% nickel, 0.05% copper, 0.03% cobalt 0.19 g/t gold, and 0.44 g/t palladium over 33.5 meters near surface in Hole CSK24-05 in the Footwall Zone (see news release: November 4, 2024).
AKRON, Ohio, July 16, 2026 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) will report second quarter 2026 financial results after market close on Wednesday, August 5, followed by a conference call at 8:30 a.m. Eastern time on Thursday, August 6.
50 years after its last appearance in the Big Apple, the legendary airship returns to kick off celebrations for America's 250 th birthday AKRON, Ohio, July 3, 2026 /PRNewswire/ -- Tomorrow, the Goodyear Blimp will do what it does best: provide millions of Americans with a one-of-a-kind view during Sail 4th 250, a marquee nautical event featuring the world's largest gathering of tall ships. Aerial coverage will begin at 7 a.m.
NEW YORK, June 30, 2026 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) will replace Goodyear Tire & Rubber Co. (NASD: GT) in the S&P MidCap 400, and Goodyear Tire & Rubber will replace Stellar Bancorp Inc. (NYSE: STEL) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, July 6. S&P MidCap 400 constituent Prosperity Bancshares Inc. (NYSE: PB) is acquiring Stellar Bancorp in a deal expected to close July 1.
Toronto, Ontario--(Newsfile Corp. - June 18, 2026) - GT Resources Inc. (TSXV: GT) (OTCQB: CGTRF) (FSE: 7N1) the ("Company" or "GT") is pleased to announce it has begun the 2026 field program on the CD Project in Yukon's Dawson Range Gold Belt, located near Carmacks (the "Property" or "CD") (Figure 1). CD hosts a gold - copper porphyry target, with valid drill permits until 2033 and co-incident soil and geophysical anomalies.
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FAIRLAWN, Ohio--(BUSINESS WIRE)--Goodyear® Air Springs by Infinity Engineered Products is celebrating the brand's 70th anniversary in 2026. Founded in 1956, the Goodyear Air Springs heritage offers a true legacy of unrelenting focus on innovation, technology and products for the global heavy-duty and commercial transportation markets. Built on delivering trusted and durable suspension components to commercial vehicles and mission-critical applications for the last 70 years, Goodyear Air Springs.
Goodyear (GT) reported earnings 30 days ago. What's next for the stock?
The Goodyear Blimp Hosted a Rager with Mascots and a DJ PR Newswire AKRON, Ohio,, June 4, 2026
The BANGR at the HANGR was by far the weirdest and most iconic blimp-themed birthday party ever AKRON, Ohio,, June 4, 2026 /PRNewswire/ -- After more than 100 years of soaring over the most memorable pop culture moments, the Goodyear Blimp created one of its own: a birthday bash turned first-ever music festival inside an airship hangar, dubbed the BANGR at the HANGR, marking the second annual birthday party hosted by the brand. With the larger-than-life Goodyear Blimp on-site and attendees ranging from legendary mascots, influencers and a headlining DJ, festivalgoers flew on Wingfoot One, enjoyed an exclusive set from DJ Noizu on a stage outfitted with Goodyear tires, browsed signature brand merch, attended an exclusive after-party and soaked in a Blimpworthy atmosphere to celebrate the icon's big day.