Goodyear Tire (GT) Tops Q2 EPS by 10c, Beats on Revenue
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GOODYEAR REPORTS SECOND QUARTER, FIRST HALF 2022 RESULTS
August 5, 2022 7:15 AM EDTNet sales growth of 31% compared with the second quarter of 2021, over 15% growth excluding the Cooper Tire transaction
Second quarter Goodyear net income of $166 million; adjusted net income of $131 million
Merger-adjusted segment operating income of $372 million, up 7% compared to the second quarter of 2021
Unit volume growth of 21%, including 7% in legacy business
Price/mix exceeded raw materials by more than $140 million
Revenue per tire (excluding currency impact) up 14% versus second quarter of 2021
AKRON, Ohio, Aug. 5, 2022 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ:... More
