financial reports Archives - Tire Review Magazine
Toyo Tire reports $3.6B in 2023 net sales

Toyo increased net sales by 11.2%, operating income by 74.6% and ordinary income by 68.6% over 2022.

Goodyear Reveals Q2 2023 Sales Dip, Net Loss

Goodyear reported a net loss of $208 million in Q2 2023, compared to a net income of $166 million achieved in the same period a year ago.

Goodyear Announces Cost Savings Actions

Goodyear said its Q4 results fell short of expectations given a significantly weaker industry backdrop.

Goodyear Reveals Net Sales Increase in Q3 2022 in Investor Letter

The Goodyear Tire & Rubber Company reported results for the third quarter of 2022 in a letter to investors published to its investor relations website. The company hosted an investor call that reviewed financial reports and answered shareholder questions about the company’s future last week. “Uncertainty and volatility have defined our operating environment since the

Bridgestone Releases 3.0 Journey 2022 Corporate Value Report

Bridgestone Corporation has released its latest integrated report, Bridgestone 3.0 Journey 2022 Integrated Report. This report provides a comprehensive understanding of its approach and initiatives aimed at enhancing corporate value over the medium- to long-term, the company says. The Bridgestone Group says it has embarked on its new Bridgestone 3.0 Journey following its “third foundation.”

Nokian Tyres Sets Sales Record in Q1 2021

The Finnish tire manufacturer plans to use its newest winter product, the Nokian Hakkapeliitta 10, to cap a successful year and pave the way for continued growth, according to its financial reports.

Apollo Tyres Sets Goal of $5B in Sales by 2026

Despite a net loss in the first quarter of the fiscal year, Apollo Tyres future-proofed its business in response to the pandemic, its Chairman Onkar Kanwar said at the company’s annual meeting.

Monro Reports 10.4% Sales Decrease for FY 2021

The company says net income for fiscal 2021 was $34.3 million, as compared to $58.0 million in fiscal 2020.

Monroe Tire & Service
Goodyear Q1 Sales Up 15% From a Year Ago

Goodyear’s first quarter 2021 net income was $12 million compared to a net loss of $619 million a year ago.

Goodyear store example
Monro Reports 13.6% Q3 Sales Decrease YoY

Monro says comparable store sales were down approximately 8% for tires, 16% for alignments, 17% for front end/shocks, 19% for maintenance services and 21% for brakes compared to the prior year period.

Monro Reports 11% Q2 Loss in Sales

The decline in comparable-store sales was primarily driven by reduced store traffic related to the ongoing COVID-19 pandemic and its negative impact on vehicle miles traveled in the second quarter.

COVID-19 Affects Monro Inc. Q4 Results, Long-Term Strategy

Despite strong sales in fiscal 2020, sales for the fourth quarter decreased 0.4% due to decreased traffic related to the COVID-19 pandemic.