Goodyear Anticipates Really Good 2005 Results

(Akron/Tire Review) Even though it won’t reveal its final 2005 financial results until Feb. 16, Goodyear Tire & Rubber Co. hinted that it will have been a very good year indeed.

Published: January 31, 2006

The company said it expects its operating income to increase 20% to 25% year over year against sales of around $20 billion.

However, Goodyear said its fourth quarter operating income will be flat against 2004 results as cost cutting could not offset a 13% rise in raw material costs.

"Our strong 2005 results show the impact of Goodyear’s innovative new products around the world and improved marketing give us a solid foundation for the next stage of our turnaround," said Robert Keegan, chairman and CEO.

"We are working worldwide to reduce our costs and working capital needs, as well as to further improve our product and brand mix," Keegan added. "Nevertheless, the escalating cost of raw materials and currency fluctuations continue to challenge our businesses."

Discount Tire strikes sponsorship deal with the Los Angeles Angels

The sponsorship will run for the entire 2024 season in conjunction with the Los Angeles Angels.

By Christian Hinton

Published: April 23, 2024

Discount Tire & Service Centers has a new sponsorship deal with the Los Angeles Angels for the 2024 season. Discount Tire said this partnership will not only benefit its customers with season-long promotions and giveaways but will also support local non-profits.

"We're thrilled to launch this strategic partnership with the Los Angeles Angels," said Sergio Andonian, president, Discount Tire & Service Centers. "As neighbors, from Anaheim, we are dedicated to serving our local communities and providing quality tire & automotive service at the most competitive prices. Together, we look forward to making a positive and lasting impact in the communities. Add baseball to the mix, and with this winning combination, the possibilities are endless."