Goodyear (GT) Q3 2026: SOI Rises to $174M, Net Sales $4.5B
FROM THE WIRE · FINANCE.YAHOO.COM
This article first appeared on GuruFocus. Net Sales: $4.5 billion, down about 2% year over year; up about 2% excluding divestitures. Tire Unit Volume: Declined about 3% globally, driven by lower consumer replacement demand in EMEA and Asia Pacific. Gross Margin: Decreased 2…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishSales down and margins under pressure for a tire maker, with cash flow still negative.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Net sales fell about 2% year over year to $4.5 billion.
- 02Segment operating income rose to $174 million from $36 million in Q2.
- 03Net debt was $6.6 billion and free cash flow was negative $283 million.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets